# 59 School Street, Groton, CT 06340

> **TL;DR:** 3bd/3ba residential multi family, $440,000 ($213/sqft), built 1851, 2,069 sqft. Est. $2,353/mo. Listed 1 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $440,000 |
| Price/sqft | $213 |
| Bedrooms | 3 |
| Bathrooms | 3 full |
| Square Feet | 2,069 |
| Year Built | 1851 |
| Lot Size | 11,326 sqft (0.26 acres) |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 1 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $2,225 |
| Estimated Insurance | $128 |
| **Total** | **$2,353** |

## Nearby Schools

- **Elementary:** Per Board of Ed
- **High:** Fitch Senior

## Property Highlights

- Built in 1851
- 0.26 acre lot
- 2 parking spaces

## Description

### Agent Description
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.

## Location

- **Address:** 59 School Street, Groton, CT 06340
- **County:** New London
- **Coordinates:** 41.356683, -72.081825
- **Google Maps:** https://www.google.com/maps?q=41.356683,-72.081825

## Virtual Tour & Media

- **Video Tour:** https://my.matterport.com/show/?m=GaCzig1oG1a&mls=1

## Listing Agent

- **Name:** Paula Turley
- **Brokerage:** CR Premier Properties
- **Phone:** 8608842631

## Primary Photo

![59 School Street - Primary Photo](http://lh.rdcpix.com/e438365bd511c1243e02eb6ffa6e19a3l-f284528865r.jpg)

*35 total photos available on [listing page](https://www.propertysimple.ai/listing/59-school-street-groton-ct-06340-24188774)*

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**MLS#:** 24188774 | **Updated:** 2026-08-01
**Source:** listhub

*Copyright © 2026 SmartMLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.ai/listing/59-school-street-groton-ct-06340-24188774)

---

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