8-16 Benham Rd, Groton, CT 06340
UNDER CONTRACT

8-16 Benham Rd
Groton, CT 06340

  • 11 Beds
  • 5 Baths
  • 4,130 sqft
  • 11 Beds
  • 5 Baths
  • 4,130 sqft

$302,500

Est. Mortgage $2,087/mo*

Local Information

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Commute Destination

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.

Home Highlights

Parking
None
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
$73
Listed
34 days ago

Home Details for 8-16 Benham Rd

Interior Features

Interior Details
Basement: Crawl Space,Full
Beds & Baths
Number of Bedrooms: 11Number of Bathrooms: 5Number of Bathrooms (full): 5
Dimensions and Layout
Living Area: 4130 Square Feet
Appliances & Utilities
Appliances: Tankless Water Heater
Heating & Cooling
Heating: Baseboard,OilNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Baseboard
Fireplace & Spa
No Fireplace
View
Has a ViewView: Water

Exterior Features

Exterior Home Features
Roof: ShingleFoundation: StoneNo Private Pool
Parking & Garage
No CarportNo GarageNo Attached GarageParking: None
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer
Finished Area
Finished Area (above surface): 4130 Square Feet

Days on Market

Days on Market: 34

Property Information

Year Built
Year Built: 1920
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi Family
Building
Construction Materials: AsbestosNot a New ConstructionDoes Not Include Home Warranty
Property Information
Parcel Number: 1950616

Price & Status

Price
List Price: $302,500Price Per Sqft: $73
Status Change & Dates
Possession Timing: Immediately

Active Status

MLS Status: Under Contract

Location

Direction & Address
City: GrotonCommunity: Groton City
School Information
Elementary School: Per Board of EdHigh School: Per Board of Ed

Agent Information

Listing Agent
Listing ID: 24005379

Building

Building Area
Building Area: 4130 Square Feet

HOA

No HOA

Lot Information

Lot Area: 9147.6 sqft

Miscellaneous

BasementMls Number: 24005379Zillow Contingency Status: Under ContractAttic: NoneWater ViewWater View: Water
Last check for updates: 1 day ago
Listing courtesy of Andrew O'Reilly
Seaport Real Estate Services
Tim J. Bray
Seaport Real Estate Services
Source: Smart MLS, MLS#24005379

Price History for 8-16 Benham Rd

DatePriceEventSource
04/09/2024$302,500PendingSmart MLS #24005379
03/23/2024$302,500Listed For SaleSmart MLS #24005379

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What Locals Say about Groton

  • Constance C.
    "Nice neighborhood. Great park. Nice mix of homes, apartments and condominiums. Lots of room to walk dogs."
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  • Hdmowell
    "I’ve lived here for 8+ years. Very friendly neighborhood. Great walking areas. Closed to town if you are a walkers. "
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  • Elsamanelsa
    "Easy on and off the highway. Close to downtown New London, easily get to both casinos. Mall’s close by with a ton of restaurants. "
    6
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  • Leecy M. R.
    "I love the peacefulness and quietness of the neighborhood and that there are kids in the neighborhood. "
    3
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  • Sjambuke
    "Wel it is near the water , and very peaceful. I am in Groton town area . Lots of places to eat and shop. Very convenient location to live at."
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  • Kwashington2791
    "Very quiet and friendly. Dogs stay on leash, great schools, beautiful houses, great beaches and restaurants plus more!"
    2
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  • Leecy M. R.
    "It’s quiet and peaceful and a lot of kids so very kid friendly. Moderate but fair amount of police presence "
    3
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  • Janicealvarez
    "I live in this neighborhood for the past three and I love it My children live their school and are extremely happy at the house "
    3
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  • Justine W.
    "I’m very close to the highway, about a 3-5 minute drive which is very convenient. I’m walking distance to Downtown Mystic which is also great, even if there is occasional traffic. I’m 15 minutes to New London, where I work, which is very convenient. It’s a great central location to Providence & New Haven as well. "
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  • Hdmowell
    "Most everyone has a pup. Woods to walk in, close to town. Nice area. Not terribly trendy but nice still"
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  • Victoria F. .
    "I’ve lived here 2 years. Not so easy adjusting to change in my areas! Finally feeling better about living here"
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  • Slimmdroid
    "I don’t go to many nor am I aware of any that are scheduled. I just like it here and I’m comfortable."
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  • Hdmowell
    "Every one seems to have a dog in our neighborhood. Good place for pups. Parks, areas with trails dogs can run on, you just. Need to be respectful. If you come across someone with a leashed dog leash your dog. "
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  • Tammie J.
    "Just pick up their poop! I don't mind dogs at all. I wish I had a yard and I would get one but people who don pick up after their dogs is just plain rude."
    2
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  • Liesl.malone
    "Always watch your kids on any place you live or visit. This is. Or specific to Groton but to all places. Child need to be supervised at all time. Make sure if they write any bikes it’s always on a sidewalk cars are driving fast around here. "
    3
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  • Leslie Q
    "quick and easy access to all routes and major highways. traffic is mild most of the time only slightly heavier during rush hours"
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  • Lauradiede
    "Halloween is great for the kids love the area good school system typically friendly neighbors but get the occasional snob"
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  • Keisenbeiser
    "safe, clean, many amenities, pedestrian-friendly, quiet corner, lots to offer for families. excellent parks&recs, history, coastal access, high quality of life for lower cost"
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  • Gabby M.
    "Block parties, yard sales, bbqs, etc. Friendly neighbors are happy neighbors. I love animals and makes me feel right at home. "
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LGBTQ Local Legal Protections

Andrew O'Reilly, Seaport Real Estate Services
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
8-16 Benham Rd, Groton, CT 06340 is a 11 bedroom, 5 bathroom, 4,130 sqft multi-family built in 1920. This property is currently available for sale and was listed by Smart MLS on Mar 23, 2024. The MLS # for this home is MLS# 24005379.