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Groton
06340
06340
W73° 55' 32.2''
N41° 20' 24.3''
Contact Info
Sherry Borgeson
123250
Property Description

Heres your chance to own a renovated 4-family property in Groton, offering fantastic returns with minimal upkeep. This well-located multifamily has undergone extensive updates, including new kitchens, bathrooms, hardwood floors and drywall. The entire building was upgraded with a newly installed, individually metered propane heating system, ensuring energy efficiency and low overhead costs. With tenant-paid utilities and coin operated laundry, this property maximizes profitability while keeping maintenance costs at a minimum, making it a prime investment opportunity. The property is ideally situated near some of Grotons largest employers, including EB, Pfizer, UConn, and is a stones throw from Eastern Point Beach and Shennecosset Golf Course, making it easy to attract responsible tenants. Enjoy the convenience of being just minutes from New London and 10 minutes to Mystic, plus direct access to public transportation, including Amtrak and Shoreline East, for seamless travel to Boston and New York. As an added bonus, one unit is currently vacant, allowing the opportunity for the new owner to live on-site while generating rental income. The detached 2 car garage currently generates additional income. This is a must-see for savvy investors looking to capitalize on a prime location with low maintenance costs.

288 Benham Road

Groton, Connecticut 06340, United States

  • Bedrooms : 6
  • Bathrooms : 4
  • Square Footage: 22,651.20 Sqft
$549,900
Listing ID#170060
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Basic Details
Property Type : Residential
Listing Type : Pending
Listing ID : 170060
Ref ID : 410242397
Price : $549,900
Bedrooms : 6
Bathrooms : 4
Square Footage : 22,651.20 Sqft
Lot Area : 0.52 Sqft
MLS : 24109711
Office ID : CT301-061
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Agent info
Sherry Borgeson
New England Properties
New England Properties
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