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Sold for $299,544 on 05/03/24
  • $299,544

    8-16 Benham Road, Groton, CT 06340

    11beds
    4,130sqft
    Multi Family
    Built in 1920
    -- sqft lot
    $478,000 Zestimate®
    $73/sqft
    $2,049 Estimated rent

    Home value

    $478,000

    $416,000 - $554,000

    $2,049/mo

    Zestimate® history
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    $1,961/mo

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    What's special

    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.

    Zillow last checked: 8 hours ago

    Listing updated: October 01, 2024 at 12:30am

    Listed by:

    Andrew O'Reilly 860-608-5065,

    Seaport Real Estate Services 860-245-9200,

    Tim Bray 860-912-7137,

    Seaport Real Estate Services

    Bought with:

    Suzanne W. Walsh, RES.0710652

    William Raveis Real Estate

    Source: Smart MLS,MLS#: 24005379MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 11
    • Bathrooms: 5
    • Full bathrooms: 5
    Heating
    • Baseboard, Oil
    Cooling
    • None
    Appliances
    • Included: Tankless Water Heater
    Features
    • Basement: Crawl Space,Full
    • Attic: None
    • Has fireplace: No
    Interior area
    • Total structure area: 4,130
    • Total interior livable area: 4,130 sqft
    • Finished area above ground: 4,130

    Property

    Parking
    • Parking features: None
    Features
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    Lot
    • Size: 9,147 sqft
    • Features: Level
    Details
    • Parcel number: 1950616
    • Zoning: FC

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Asbestos
    • Foundation: Stone
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 1920

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Groton
    • Subdivision: Groton City

    Price history

    DateEventPrice
    5/3/2024Sold$299,544-1%$73/sqft
    Source: Smart MLS #24005379 Report a problem
    4/9/2024Pending sale$302,500$73/sqft
    Source: Smart MLS #24005379 Report a problem
    3/23/2024Listed for sale$302,500$73/sqft
    Source: Smart MLS #24005379 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 06340

    Nearby schools

    GreatSchools rating
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    An equal housing lender. NMLS #10287.

    Sell for more on Zillow
    Get a free Zillow Showcase℠ listing and you could sell for .
    $478,000
    2% more+ $9,560
    With Zillow Showcase(estimated)
    $487,560