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288 Benham Road, 
Groton, CT 06340

$549,900


6

Beds


4

Baths


3,437

Sq Ft


Multi-Family

Pending

Listed by

Sherry Borgeson

Berkshire Hathaway Ne Prop.

Last updated:

July 17, 2025, 10:57 AM

MLS#

24109711

Source:

CT

About This Home

288 Benham Road

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.

Home Facts

Multi-Family

4 Baths

6 Bedrooms

Built in 1900

Price Summary

549,900

$159 per Sq. Ft.

MLS #:

24109711

Last Updated:

July 17, 2025, 10:57 AM

Added:

13 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

6

Bathrooms

Total Bathrooms:

4

Full Bathrooms:

4

Interior

Living Area:

3,437 Sq. Ft.


Structure

Structure

Architectural Style:

Units are Side-by-Side

Building Area:

3,437 Sq. Ft.

Year Built:

1900


Lot

Lot Size (Sq. Ft):

22,651


Finances & Disclosures

Finances

Price:

$549,900

Price per Sq. Ft:

$159 per Sq. Ft.

Source:CT
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