$302,500 ($73.24 per sqft)

Under Contract

Est. Mortgage $1,671/mo *

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8-16 Benham Road, Groton, (Groton City), CT, 06340

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11 beds

5 Full baths

1920

4,130 sqft

Located at 8 Benham Rd, Groton CT, this property presents a unique investment opportunity with its combination of two distinct buildings. The first is a two-unit apartment building, with each unit featuring 2 bedrooms and 1 full bath. Adjacent to it is a 4-unit apartment building offering versatile living arrangements. The lower level comprises a 1-bedroom unit and a studio, while the second level boasts a spacious two-bedroom unit. On the third floor, there is a generous 3-bedroom unit, providing a total of 6 units across the property. While the property is in need of rehabilitation and is being sold as-is, its potential for a lucrative investment is evident, especially given its proximity to Electric Boat. With some strategic renovations and improvements, this property could attract tenants seeking convenient accommodation close to major employment centers. Investors have the opportunity to capitalize on the demand for rental properties in the area and enhance the value of this asset.

Status:

Under Contract

Town:

Groton

Type:

Multi-family

Units:

Zoning:

Heating:

Baseboard

Cooling:

None

Basement:

Crawl Space, Full

Acreage:

0.21

Est. Taxes:

$6,874

Assessment

$266,420

Lot Description:

Level Lot,Water View

Elementary School:

Per Board of Ed

High School:

Per Board of Ed

Days on Market:

MLS #:

24005379

Community Info

School Info

Walk Score

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