288 Benham
Groton, CT 06340
- 6 beds
- 4 baths
- 3,976 sqft
- ~1/2 acre lot
- $101 per sqft
- 1900 build
- – on site
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ATTENTION INVESTORS! Completely remodeled 4 family money maker for sale. Returns are large and costs are low in this strategically located Groton multifamily. Current owner has done the heavy lifting of renovations over the last few years, completely remodeling every unit with new kitchens and baths, finishing wood floors, drywall/painting and installing a completely new, individually metered propane heat system. Utilities are tenant's responsibility, keeping returns high and maintenance cost low for the savvy investor. Located in the midst of some of the area's largest employers, it's a cinch to fill vacancies with responsible tenants. Walk to EB, Pfizer, UCONN, Eastern Point Beach and Shennecosset golf course. 5 minutes to New London and 10 min to Mystic. Public transport is steps away and Amtrak and Shoreline east are just across the river, easily connecting the area to Boston and New York. Owner has left 1 unit available for the opportune buyer to become owner/occupant. Garage could be rented for additional income.
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Last updated May 2, 2024
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MLS# 170397690 —
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Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
7/9/21
Jul 9, 2021
|
Sold | SMART_MLS | $405,000 | 170.0% (33.6% / YR) |
|
6/15/16
Jun 15, 2016
|
SMART_MLS | $150,000 |