288 Benham Road, Groton, CT 06340
Local realty services provided by:ERA Blanchard & Rossetto, Inc.



288 Benham Road,Groton, CT 06340
$549,900
- 6 Beds
- 4 Baths
- 3,437 sq. ft.
- Multi-family
- Pending
Listed by:sherry borgeson
Office:berkshire hathaway ne prop.
MLS#:24109711
Source:CT
Price summary
- Price:$549,900
- Price per sq. ft.:$159.99
About this home
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.
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Home facts
- Year built:1900
- Listing Id #:24109711
- Added:35 day(s) ago
- Updated:August 15, 2025 at 07:13 AM
Rooms and interior
- Bedrooms:6
- Total bathrooms:4
- Full bathrooms:4
- Living area:3,437 sq. ft.
Heating and cooling
- Cooling:Ceiling Fans, Window Unit
- Heating:Baseboard
Structure and exterior
- Roof:Asphalt Shingle
- Year built:1900
- Building area:3,437 sq. ft.
- Lot area:0.52 Acres
Schools
- High school:Fitch Senior
- Elementary school:Per Board of Ed
Utilities
- Water:Public Water Connected
Finances and disclosures
- Price:$549,900
- Price per sq. ft.:$159.99
- Tax amount:$6,642 (July 2025-June 2026)
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