59 School St

Groton, CT 06340

$440,000
Price
3
Beds
2,069 Sq. Ft.
$213 / Sq. Ft.
2,069
Sq. Ft.
$213
per Sq. Ft.
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Thames river view to the south and west

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...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.
  1. Listed by Paula J Turley • CR Premier Properties
    P: (860)-884-2631 C: (860)-884-2631 turleyrealestate@gmail.com

Property Details for 59 School Street

Basement Description
Full, Full With Hatchway
Direct Waterfront
No
Garages Number
0
Neighborhood
Groton Heights
Style
Units on different Floors
Garage Parking Info
Paved, Off Street Parking, Driveway
Swimming Pool
No
LISTING UPDATED: 07/03/2026 02:09 AM

Property Details for 59 School Street

StatusActive
MLS #24188774
Days on Market1
Taxes$4,999 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti-Family / 3 Family
Year Built1851
Lot Size0.26 AC / 11,325 SF
CountyNew London County
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Location

Listing Courtesy of CR Premier Properties, Paula J Turley
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Building Information for 59 School Street

Stories-Residences3Year Built1851Building Size-Lot Size0.26 AC / 11,325 SF

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$2,609 per month

30 year fixed, 6.36% Interest

Principal and Interest

$2,193

Property Taxes

$417

HOA Dues

$0

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Property Information for 59 School Street

Summary
Property and Location
  • Acres Source: Public Records
  • Directions: Thames Street south to right onto School St
  • Elementary School: Per Board of Ed
  • Flood Zone: No
  • High School: Fitch Senior
  • Latitude: 41.35676
  • Longitude: -72.081696
  • Middle Jr High School: Groton Middle School
  • Neighborhood Amenities: Library, Park, Public Transportation
  • State: Connecticut
Parking
  • Parking Total Spaces: 2
HOA and Fees
  • Home Owner's Assocation: No
  • Tax Year: July 2025-June 2026
  • Property Tax: $4,999
Interior and Exterior Features
Exterior Features
  • Exterior Features: Porch
  • Waterfront Description: Beach Rights
Interior Features
  • Attic Description: Floored, Walk-up
  • Cooling System: None
  • Heat Type: Steam
  • Attic YN: Yes
  • Fireplaces Total: 0
  • Laundry Room Info: Basement Hook-Up(s)
  • Rooms Total: 8
Property
Property and Assessments
  • Color: Grey
  • Construction Description: Frame
  • Driveway Type: Asphalt
  • Exterior Siding: Asbestos
  • Foundation Type: Masonry, Stone
  • Fuel Tank Location: In Basement
  • New Construction Type: No/Resale
  • Roof: Asphalt Shingle
  • Year Built: 1851
  • Year Built Source: Public Records
  • Bank Owned Property: No
  • Sq Ft Est Heated Below Grade: 0
  • Living Area SQFT Per Public Records: 2069
Lot Information
  • Lot Description: Sloping Lot, Historic District, Water View
  • Parcel Number: 1949588
  • Sq Ft Est Heated Above Grade: 2069.0
  • Sq Ft Total: 2069.0
  • Zoning: R52
Utilities
  • Energy Features: Storm Doors, Storm Windows
  • Heat Fuel Type: Oil
  • Hot Water Description: Oil, Domestic
  • Radon Mitigation Air: No
  • Radon Mitigation Water: No
  • Sewage System: Public Sewer Connected
  • Water Source: Public Water Connected
Multi Family
Income and Expenses
  • Occupied By: Vacant
  • Total Number of Units: 3
  • Total Rooms Multi Family: 8
Unit 1
  • Unit Appliances: Electric Range,Refrigerator
  • Unit Entry Order: 1
  • Unit Full Baths: 1
  • Unit Modified Date: 07-03-2026
  • Unit Num Bedrms: 1
  • Unit Num Rooms: 4
  • Unit Occupied By: Vacant
Unit 2
  • Unit Entry Order: 3
  • Unit Full Baths: 1
  • Unit Modified Date: 07-03-2026
  • Unit Num Bedrms: 1
  • Unit Num Rooms: 2
  • Unit Occupied By: Vacant
Unit 3
  • Unit Entry Order: 2
  • Unit Full Baths: 1
  • Unit Modified Date: 07-03-2026
  • Unit Num Bedrms: 1
  • Unit Num Rooms: 2
  • Unit Occupied By: Vacant

Property History for 59 School Street

DateEvent & SourcePriceAppreciation
Nov 15, 1996

Closed (Public Record)

Public Record #92608817

$47,000—
DateEvent & SourcePrice
11/15/1996

Closed (Public Record)

Public Record #92608817

$47,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 59 School Street

Taxable ValueLand$93,618Additions$79,282Total$172,900
Tax Record2024$4,999 ($417 / month)
Home Facts
Total Finished SqFt2,069 SqFtAbove Grade Finished SqFt2,069 SqFtStories2Lot Size11,543 SqFtStyleTriplexYear Built1851ZoningR52CountySOUTHEASTERN CONNECTICUTAPNGROT M:168918314349

Schools near 59 School Street

This home is within Groton School District.
Rating
School
Type
Grades
Distance
Pleasant Valley School
Public - K to 5
Groton Middle School
Public - 6 to 8
Fitch Senior High School
Public - 9 to 12
West Side Middle School
Public - 6 to 8
Rating
School
Distance
Pleasant Valley School
PublicK to 5

Groton Middle School
Public6 to 8

Fitch Senior High School
Public9 to 12

West Side Middle School
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 59 School Street, Groton, CT 06340

59 School Street is a multi-family home for sale in Groton, CT 06340. This listing's school district is Groton School District. Nearby schools include Pleasant Valley School, Groton Middle School and Fitch Senior High School. 59 School Street is a 3-bed, 3-bath, 2,069 sqft multi-family home built in 1851.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of CR Premier Properties, Paula J Turley

Based on information from one of the following Multiple Listing Services: Darien MLS, Smart MLS and Greenwich Multiple Listing Service. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Darien MLS, Smart MLS and Greenwich Multiple Listing Service is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.