Unique opportunity to own Waterfront property with investment potential in the historic district of Noank! DEEP requires dock to be removed and apply for permit. Significant repairs are needed including leak in roof. This multi-family home is minutes away from downtown Mystic and within walking distance to the charming seaside village of Noank. All of the units have beautiful water views. Three of the units have panoramic views of Masons Island, Fishers Island Sound and the Mystic River. There are a total of 15 rooms of which include 6 bedrooms, 6 full and 1 half baths, and a kitchen in each unit. Work remotely from home while enjoying the water views. After a long day, take a relaxing swim or kayak out to the water to unwind just steps from your backdoor. Noank is situated halfway between New York and Boston. Close to Amtrak train, I-95 and major employers: Electric Boat, Pfizer, L&M Hospital, and the Naval Submarine Base. Become a part of this wonderful community and its neighboring towns that offer an array of restaurants, cultural activities, vineyards, farmers markets, beaches, marinas, nature trails, boutiques and more. The house legally is a two-family house as reflected on the property card. Property will need updating and repairs.