About This Home

This 7-bedroom, 4-bathroom residential multi family at 61 & 63 Oswegatchie Road in Waterford, CT is listed for $1,550,000 ($512 per sqft). Built in 1950, the home offers 3,025 sqft of living space on a 1.36 acres lot.

Key Features

  • Built in 1950
  • 1.36 acre lot
  • 8 parking spaces
  • Fireplace
  • Waterfront

Property Details

2 full, 2 half
1-car garage
1950

Amenities

FireplaceWaterfront
Listing Description

Waterfront & multiple units on the picturesque Niantic River! This unique opportunity includes two separate lots & four stand-alone buildings being sold together, creating an exceptional family compound, investment opportunity, or private waterfront retreat.

The main property sits on 1.13 acres with approximately 100 feet of road frontage and an impressive 204 feet of direct river frontage. The main home features 2 bedrooms, a spacious front-to-back living room anchored by a beautiful stone fireplace, an unfinished walk-up second floor offering expansion potential, a walk-out basement and under house garage.

Also located on the main parcel are two charming seasonal cottages, each showcasing natural woodwork, vaulted ceilings, large enclosed front porches, and classic stone fireplaces. One cottage offers 2 bedrooms, while the second features 1 bedroom. These cottages have served as guest accommodations for family gatherings over the years and offer tremendous potential for restoration and future use.

The second property includes a cozy 2-bedroom home with a generous living room highlighted by another stunning stone fireplace. Beautiful grounds lead to the Niantic River, where stairs descend to a small private dock and peaceful seating area. Two additional storage buildings at the water's edge provide convenient space for boating and outdoor equipment.

Whether you're looking to create a multigenerational family estate, renovate and restore a one-of-a-kind waterfront compound, operate year-round or short term rentals (AirBNB/VRBO), or simply enjoy the beauty and tranquility of riverfront living, this is a truly exceptional property with endless possibilities.

Monthly Cost Estimate

$8,290/mo

20% down · 6.5% · 30 years

Principal$1,121
Interest$6,717
Insurance$452

Estimates only. Actual payments may vary.

Location

61 & 63 Oswegatchie Road

Waterford, CT 06385

Features & Amenities

Exterior Features

Porch-Enclosed,Sidewalk,Shed,Porch,Guest House

Property Details

Outdoor Features

Porch

Heating

Other (Heating)

Questions & Answers

This 7-bedroom, 4-bathroom residential multi family at 61 & 63 Oswegatchie Road is listed at $1,550,000 ($512/sqft). The estimated monthly payment is $8,290 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1950, 1.36 acre lot, 8 parking spaces, Fireplace, Waterfront. Exterior Features: Porch-Enclosed,Sidewalk,Shed,Porch,Guest House.

This property is listed by Ann Carpenter.

AC

Ann Carpenter

Agent at RE/MAX ON THE BAY

Listed by RE/MAX ON THE BAY · Broker phone: (860) 739-0888 · View on Broker Site · Broker website

MLS# 24193725· Source: SmartMLS, Inc.· 97 days on PropertySimple

Copyright © 2026 SmartMLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

61 & 63 Oswegatchie Road, Waterford, CT 06385

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