Back 288 Benham Rd
Off Market

288 Benham Rd

Groton CT 06340

6
4
2
3437 sq. ft.
0.52 ac.
Duplex
Last sold for $580,000
Sherry BorgesonSherry Borgeson, last sold this property on 22 August 2025 after 42 days on market.

Overview

Here's your chance to own a renovated 4-family property in Groton, offering fantastic returns with minimal upkeep. This well-located multifamily has undergone extensive updates, including new kitchens, bathrooms, hardwood floors and drywall. The entire building was upgraded with a newly installed, individually metered propane heating system, ensuring energy efficiency and low overhead costs. With tenant-paid utilities and coin operated laundry, this property maximizes profitability while keeping maintenance costs at a minimum, making it a prime investment opportunity. The property is ideally situated near some of Groton's largest employers, including EB, Pfizer, UConn, and is a stone's throw from Eastern Point Beach and Shennecosset Golf Course, making it easy to attract responsible tenants. Enjoy the convenience of being just minutes from New London and 10 minutes to Mystic, plus direct access to public transportation, including Amtrak and Shoreline East, for seamless travel to Boston and New York. As an added bonus, one unit is currently vacant, allowing the opportunity for the new owner to live on-site while generating rental income. The detached 2 car garage currently generates additional income. This is a must-see for savvy investors looking to capitalize on a prime location with low maintenance costs.

Features

6 bedrooms
4 bathrooms
2 carspaces
2 garage spaces
3437 sq. ft. floor area
0.52 ac. lot size
Duplex

Estimated Value

Based on this property and similar 6 bedroom duplexes sold in Groton over the last 12 months, the estimated median property value of 288 Benham Rd is $395k.

Median value
$395k
Estimated value range
$320k - $580k
Median days on market
5
Estimated value trend
-9%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Groton. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 288 Benham Rd

2025
Rented
Undisclosed
24 Dec 2025 by Berkshire Hathaway NE Prop.
2025
Rented
Undisclosed
29 Sep 2025 by Berkshire Hathaway NE Prop.
2025
Sold
$580,000
22 Aug 2025 by Sherry Borgeson, of Berkshire Hathaway NE Prop.

Happy sellers in Groton

90%
90% of sellers in Groton reported that their sale price either exceeded or met their price expectations.

Groton stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 10 reviews in Groton over the last 12 months.

Local market activity for 6 bedroom duplexes in Groton

In the last 12 months, 3 six-bedroom duplexes similar to 288 Benham Rd, have been sold.

This represents a 43% increase in six-bedroom duplexes sales when compared to the previous 12 months.

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