Movoto Real Estate
Sold on 07/10/2021
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288 Benham Rd, Groton, CT 06340

$521,178

Last sold 07/10/2021 for $405K

  • 6

    bed

  • 4

    bath

  • 3,976

    Sqft ($102/Sqft)

Multi-family not for sale

About 288 Benham Rd

Property type Multi-family
Year built 1900
HOA fee $0/month
Lot size 0.52 Acre
Movoto estimate
Parking 2 garage spaces
Property description
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.
Listed by
Listing Agent - Ted O'Brien
Listing Office - Compass
Source: CONNECT MLS mls logo
MLS#170397690 • last updated 5 years ago
Movoto checked CONNECT MLS for data 8 minutes ago
Overview
Heating Baseboard, Bottle Gas
Type Multi-Family For Sale
SubType 4 Family
SqFt 3976
Status Closed
MLS # 170397690
Lot Size (Acres) 0.52
Property Tax 3881
Property Condition No/Resale
Interior
Total # of Bathrooms 4
# of Full Baths 4
Total # of Bedrooms 6
Total # of Rooms 14
Accessibility Features Multiple Entries/Exits
Exterior
Exterior Shingle
Foundation Concrete
Roofing Asphalt Shingle
# Garage Spaces 2
Parking Detached Garage, Driveway, Off Street Parking
Lot Description Level Lot
Amenities / Utilities
Sewer/ Septic Public Sewer Connected
Location
Waterfront Walk To Water
Neighborhood Groton City
Elementary School Per Board Of Ed
Intermediate School Per Board Of Ed
High School Fitch Senior
Middle School Per Board Of Ed
APN 2239075
Directions GPS Friendly
Multifamily Details
Total # of Units 4
Gross Annual Income 50000
Net Operating Income 40000
$521K
Range: $469K-$573K
Last 30 days 
  • Sep 2025
    Public Records
  • Sep 5, 2025 Sold
    $580,000
  • Aug 2025
    mls logo MLS # 24109711
  • Aug 25, 2025 Sold
    $580,000 (+5.5%)
  • Jul 17, 2025 Under Contract
    —
  • Jul 9, 2025 Listed
    $549,900 (+35.8%)
  • Jul 2021
    Public Records
  • Jul 30, 2021 Sold
    $405,000
  • Jul 2021
    mls logo MLS # 170397690
  • Jul 10, 2021 Sold
    $405,000 (-3.3%)
  • May 20, 2021 Under Contract
    —
  • May 20, 2021 Deposit
    —
  • May 17, 2021 Show
    —
  • May 7, 2021 Listed
    $419,000 (+179.3%)
  • Jun 2016
    mls logo MLS # E10122628
  • Jun 15, 2016 Sold
    $150,000 (-9.1%)
  • Apr 27, 2016 Deposit - Continue To Show
    —
  • Apr 5, 2016 Listed
    $165,000
  • Apr 4, 2016 Listed
    $165,000 (+153.8%)
  • May 2005
    Public Records
  • May 4, 2005 Sold
    $65,000
  • Year Property taxes Tax assessment
  • 2024
    $6,642 +7.5%
    $229,740
  • 2023
    $6,178 +7.8%
    $229,740
  • 2022
    $5,732 +43.5%
    $229,740 +74.11%
  • 2021
    $3,995 +2.9%
    $131,950
  • 2020
    $3,881
    $131,950
  • 288 Benham Rd
    $405K
  • —
  • 06340
    $321K +5% y/y
  • Groton
    $349K 0% y/y
No chart available
Statistics calculated by Movoto

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4/10
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5/10
Source: GreatSchools.org © 2026. All rights reserved.

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