About This Home
This 3-bedroom, 3-bathroom residential multi family at 59 School Street in Groton, CT is listed for $440,000 ($213 per sqft). Built in 1851, the home offers 2,069 sqft of living space on a 0.26 acres lot.
Key Features
- Built in 1851
- 0.26 acre lot
- 2 parking spaces
Property Details
Opportunity awaits in the heart of Groton City's historic Groton Bank neighborhood! This three-family property is filled with timeless charm, featuring high ceilings, original character, and seasonal water views of the Thames River. Rich in architectural character, this property presents an excellent opportunity for investors or owner-occupants looking to restore and add value.
Significant improvements include a new roof (2022), updated boiler (2025), and electrical updates completed after the current owner purchased the property. Conveniently located just minutes from Electric Boat, Pfizer, the Submarine Base, downtown Groton, shopping, dining, parks, and other local amenities.
Bring your vision and restore this character-filled property, preserving its historic charm while creating an outstanding investment or owner-occupied opportunity in a desirable location. Home is being sold as-is and may not qualify for all types of financing.
Monthly Cost Estimate
$2,353/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
59 School Street
Groton, CT 06340
Features & Amenities
Exterior Features
Property Details
Pool Features
Heating
Questions & Answers
This 3-bedroom, 3-bathroom residential multi family at 59 School Street is listed at $440,000 ($213/sqft). The estimated monthly payment is $2,353 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1851, 0.26 acre lot, 2 parking spaces. Exterior Features: Porch.
This property is listed by Paula Turley and can be reached at 8608842631.