8-16 Benham Road, Groton CT, 06340
(Pending)
$302,500
|
11 beds, 5 Full baths, 4,130 sqft
|
MLS# 24005379
Last Updated: 4/28/2024 2:42 PM
Description for
8-16 Benham Road
Groton, CT 06340
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.
Price
$302,500
New London
11
5 Full
4,130 (approx)
24005379
Pending
Description
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.
Listing Information
| Property Type: Multi-Family, Other | ||
| 11 | 5 Full | |
| 0.21 Acres | 4,130 (approx) | 1920 |
| Asbestos | ||
Public
Public Sewer
Neighborhood
School Information
| Per Board of Ed | Per Board of Ed | Per Board of Ed |
Room Information
| Bathrooms | |||
| 5 | |||
Interior Features
None
Electric Heating, Oil,
Baseboard
Full, Crawl Space
Exterior / Lot Features
Asbestos
Shingle
Water
FC
Level
Driving Directions
GPS Friendly
Financial Considerations
| 1950616 |
| $6,874 |
Listing Price History
Groton Real Estate
Groton is located in Connecticut. Groton, Connecticut 06340 has a population of 39,022.
The median household income for the surrounding county is $75,589 compared to the national median of $66,222. The median age of people living in Groton 06340 is 43 years.
Data provided below are primarily sourced from Public Records data.
Nearby Recent Sales (Sourced from Public Records)
| Street Address | City | Beds | Baths | Sold Price | Sold Date | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| No information is available for recently sold properties within this search. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Price History
| Date | Event | Price | Source |
|---|---|---|---|
| 4/9/2024 | Pending | $302,500 USD |
|
| 3/23/2024 | Active | $302,500 USD |
|