288 Benham Rd Groton, CT 06340
Property details
About 288 Benham Rd
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.
Highlights
Summary
- Full Bathrooms: 4
- Basement: Yes
- Total Bedroom Count: 6
- Garage Space: 2 spaces
- Attached Garage: No
- Private Pool: No
- Parking: Detached Garage
- Waterfront: Waterfront
- Exterior: Balcony, Porch
- Heating: Baseboard
- Cooling: Ceiling Fan(s), Window Unit(s)
- List Price: $549,900
- Price/SqFt: $159
- Annual Tax Amount: $6,178
- Tax Year: 2024
- Lot: Level
- Directions: GPS friendly.
- Year Built: 1900
- Living Area: 3,437 SqFt
- Lot Size: 0.52 Acres
- MLS Number: 24109711
- Office Name: Berkshire Hathaway NE Prop.
- Office Phone: (860) 537-6699
- Office Email: sherryborgeson@bhhsne.com
- Listing Agent: Sherry Borgeson
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Last updated on: 7/12/2025, 4:45:32 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jul 30, 2021 | Home Sold | $405,000 |
| May 04, 2005 | Home Sold | $65,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $229,740 | $6,178 |
| 2023 | $229,740 | $5,927 |
| 2022 | $229,740 | $5,732 |
| 2021 | $131,950 | $3,995 |
| 2020 | $131,950 | $3,881 |
| 2019 | $131,950 | $3,757 |
History based on county public records data.
Nearby schools
4
Catherine Kolnaski STEAM Magnet School
Public Magnet PK-5
0.8 mi
•500 Poquonnock Rd
2
Harbor Elementary School
Public District PK-5
1.4 mi
•432 Montauk Ave
2
Nathan Hale Arts Magnet School
Public Magnet KG-5
1.8 mi
•37 Beech Dr
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $53,903. Most Groton, CT residents have annual incomes between $35k-100k. Most families are single, no kids. Residents of this area typically have high school diploma education.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Continuing Education Courses
Pro Boxing
Soccer
Where do the neighbors shop?
Express/Express For Men
Burlington
Forever 21
Where do the neighbors go to eat?
Qdoba
Popeyes
Dominos Pizza
What do the neighbors drive?
Volkswagen
Dodge
Mazda
What do the neighbors listen to?
Urban Contemporary
Rhythmic Contemporary Hits
Rock
Frequently asked questions
About 288 Benham Rd
The listing price of 288 Benham Rd property is $549,900.
The property 288 Benham Rd is a multi located in Groton, Connecticut, 06340.
Active Listing: 288 Benham Rd is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 288 Benham Rd are: Catherine Kolnaski STEAM Magnet School (GreatSchools Rating 4/10), Harbor Elementary School (GreatSchools Rating 2/10), Nathan Hale Arts Magnet School (GreatSchools Rating 2/10), Interdistrict School for Arts and Communication (GreatSchools Rating 6/10), Bennie Dover Jackson International Education and Dual Language Middle School (GreatSchools Rating 2/10), Clark Lane Middle School (GreatSchools Rating 5/10), Marine Science Magnet High School (GreatSchools Rating 10/10), New London Visual & Performing Arts Magnet School (GreatSchools Rating 3/10), Science and Technology Magnet School of Southeastern Connecticut (GreatSchools Rating 4/10).
According to the records, the last property tax for 2024 is $6,178 (source: MLS/based on county public records data).
The last sale was on July 30, 2021 for $405,000 (source: MLS/tax record).
The property 288 Benham Rd is 3,437 SqFt (source: MLS/tax record).
The year of construction for 288 Benham Rd is 1900.
This home is located at 288 Benham Rd in Groton, CT and zip code 06340. This 3,437 square foot home, which was built in 1900, sits on a 0.52 acre lot. Features: 6 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since July 11, 2025 and is currently priced at $549,900.
In June 2025, from all listings sold in Groton, CT there were more than 10 sold above asking price, over 4 sold below and more than 1 were sold right at the asked price. The inventory of homes for sale in Groton, CT between May and June 2025 did not move.