Groton, CT 06340,288 Benham Road
Groton, CT 06340,288 Benham Road
Groton, CT 06340,288 Benham Road
11
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$549,900
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6 Beds
4 Baths
3,437 SqFt
New

288 Benham Road Groton, CT 06340

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Key Details

Property Type Multi-Family

Sub Type 4 Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,437 sqft

Price per Sqft $159

MLS Listing ID 24109711

Style Units on different Floors,Units are Side-by-Side

Bedrooms 6

Full Baths 4

Year Built 1900

Annual Tax Amount $6,642

Lot Size 0.520 Acres

Property Sub-Type 4 Family

Property Description

++OFFER DEADLINE- TUESDAY 7/15 @ 10AM++Here's 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 Groton's largest employers, including EB, Pfizer, UConn, and is a stone's 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.

Location

State CT

County New London

Zoning R52

Rooms

Basement Full, Storage, Hatchway Access, Interior Access, Concrete Floor, Full With Walk-Out

Interior

Heating Baseboard

Cooling Ceiling Fans, Window Unit

Exterior

Exterior Feature Balcony, Porch

Parking Features Detached Garage

Garage Spaces 2.0

Waterfront Description Walk to Water

Roof Type Asphalt Shingle

Building

Lot Description Level Lot

Foundation Concrete

Sewer Public Sewer Connected

Water Public Water Connected

Schools

Elementary Schools Per Board Of Ed

High Schools Fitch Senior


Listed by Sherry Borgeson • Berkshire Hathaway NE Prop.

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agent

Alex Galvez

Broker | LIC#10491210468

+1(646) 326-3146

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288 Benham Road