8-16 Benham Rd

4,130 Sq. Ft.
$73 / Sq. Ft.
4,130
Sq. Ft.
$73
per Sq. Ft.

Description

Located at 8 Benham Rd, Groton CT, this property presents a unique investment opportunity with its combination of two distinct buildings. The first is a two-unit apartment building, with each unit featuring 2 bedrooms and 1 full bath. Adjacent to it is a 4-unit apartment building offering versatile living arrangements. The lower level comprises a 1-bedroom unit and a studio, while the second level boasts a spacious two-bedroom unit. On the third floor, there is a generous 3-bedroom unit, providing...Located at 8 Benham Rd, Groton CT, this property presents a unique investment opportunity with its combination of two distinct buildings. The first is a two-unit apartment building, with each unit featuring 2 bedrooms and 1 full bath. Adjacent to it is a 4-unit apartment building offering versatile living arrangements. The lower level comprises a 1-bedroom unit and a studio, while the second level boasts a spacious two-bedroom unit. On the third floor, there is a generous 3-bedroom unit, providing a total of 6 units across the property. While the property is in need of rehabilitation and is being sold as-is, its potential for a lucrative investment is evident, especially given its proximity to Electric Boat. With some strategic renovations and improvements, this property could attract tenants seeking convenient accommodation close to major employment centers. Investors have the opportunity to capitalize on the demand for rental properties in the area and enhance the value of this asset.
  1. Listed by Andrew O'Reilly • Seaport Real Estate Services
    P: (860)-608-5065 C: (860)-608-5065 andrew@seaportre.com
  2. Listed by Tim J Bray • Seaport Real Estate Services
    P: (860)-245-9200 C: (860)-912-7137 tbray@seaportre.com

Property Details for 8-16 Benham Road

Basement Description
Crawl Space, Full
Direct Waterfront
No
Garages Number
0
Neighborhood
Groton City
Swimming Pool
No
LISTING CLOSED: 05/03/2024 12:00 AM

Property Details for 8-16 Benham Road

StatusClosed
MLS #24005379
Days on Market17
Taxes$6,874 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti-Family / 5 Family+
Year Built1920
Lot Size0.21 AC / 9,147 SF
CountyNew London County

Location

Listing Courtesy of Seaport Real Estate Services, Andrew O'Reilly; Seaport Real Estate Services, Tim J Bray

Sold By William Raveis Real Estate, Suzanne W Walsh

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Building Information for 8-16 Benham Road

Stories-Residences6Year Built1920Building Size-Lot Size0.21 AC / 9,147 SF

Payment Calculator

$2,095 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,523

Property Taxes

$573

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 8-16 Benham Road

Summary
Property and Location
  • Acres Source: Public Records
  • Directions: GPS Friendly
  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed
  • Latitude: 41.347047
  • Longitude: -72.075397
  • State: Connecticut
HOA and Fees
  • Home Owner's Assocation: No
  • Tax Year: July 2023-June 2024
  • Property Tax: $6,874
Interior and Exterior Features
Interior Features
  • Cooling System: None
  • Heat Type: Baseboard
  • Attic YN: No
  • Fireplaces Total: 0
  • Rooms Total: 0
Room 5
  • Listing Key: 144101BA27C6292BE0631401100A7F09
Property
Property and Assessments
  • Construction Description: Frame
  • Exterior Siding: Asbestos
  • Foundation Type: Stone
  • Fuel Tank Location: In Basement
  • New Construction Type: No/Resale
  • Roof: Shingle
  • Year Built: 1920
  • Year Built Source: Public Records
  • Bank Owned Property: No
Lot Information
  • Lot Description: Level Lot, Water View
  • Parcel Number: 1950616
  • Sq Ft Est Heated Above Grade: 4130.0
  • Sq Ft Total: 4130.0
  • Zoning: FC
Utilities
  • Heat Fuel Type: Oil
  • Hot Water Description: Tankless Hotwater
  • Sewage System: Public Sewer Connected
  • Water Source: Public Water Connected
Multi Family
Income and Expenses
  • Occupied By: Vacant
  • Total Number of Units: 6
Unit 1
  • Unit Average Sq Ft: 662
  • Unit Entry Order: 2
  • Unit Modified Date: 09-18-2024
  • Unit Num Bedrms: 2
  • Unit Occupied By: Vacant
Unit 2
  • Unit Average Sq Ft: 495
  • Unit Entry Order: 4
  • Unit Full Baths: 1
  • Unit Modified Date: 09-18-2024
  • Unit Num Bedrms: 1
  • Unit Occupied By: Vacant
Unit 3
  • Unit Average Sq Ft: 495
  • Unit Entry Order: 3
  • Unit Full Baths: 1
  • Unit Modified Date: 09-18-2024
  • Unit Num Bedrms: 1
  • Unit Occupied By: Vacant
Unit 4
  • Unit Average Sq Ft: 774
  • Unit Entry Order: 5
  • Unit Full Baths: 1
  • Unit Modified Date: 09-18-2024
  • Unit Num Bedrms: 2
  • Unit Occupied By: Vacant
Unit 5
  • Unit Average Sq Ft: 1000
  • Unit Entry Order: 6
  • Unit Full Baths: 1
  • Unit Modified Date: 09-18-2024
  • Unit Num Bedrms: 3
Unit 6
  • Unit Average Sq Ft: 703
  • Unit Entry Order: 1
  • Unit Full Baths: 1
  • Unit Modified Date: 09-18-2024
  • Unit Num Bedrms: 2
  • Unit Occupied By: Vacant

Schools near 8-16 Benham Road

This home is within Groton School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 10
Rating
School
Distance
Catherine Kolnaski Magnet School
PublicPK to 5

Groton Middle School
Public6 to 8

Fitch Senior High School
Public9 to 12

Virtual Learning Academy
Public9 to 10

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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Nearby home values

AddressSold priceBedsBathsSqftLot AC
$670,000
0.21
$220,000
2
1,658
$220,000
1,658
0.06
$275,000
2
1,813
$219,896
3
1,570
0.72

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.

Listing Courtesy of Seaport Real Estate Services, Andrew O'Reilly; Seaport Real Estate Services, Tim J Bray

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.