2 New London Road Groton, CT $ 1,049,900
2 New London Road
$ 1,049,900
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2 New London Road

Groton, CT, 06355
$ 1,049,900
Bedrooms5 Baths3.1 Sq 3,495

Monthly Estimate*

$ 6,978

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Multi-Family Home for sale in Groton, CT

for $1,049,900 with 5 bedrooms and 3 full baths, 1 half bath. This 3,495 square foot home was built in 1832 on a lot size of 0.39.

Wonderful opportunity to acquire a legal 3 family in the heart of Downtown Mystic across the street from some of the areas most beloved restaurants. This property consists of a 3 bedroom and 1 bedroom unit that are both currently leased as well as a studio short term unit. The entire main floor consists of 3 large bedrooms, a living room, dining room, laundry and sliders that open onto a private outdoor courtyard. Hardwood floors span throughout the apartment along with an abundance of natural light. The second floor 1 bedroom is oversized with lofted ceilings and a nice open flow between kitchen and living. The second floor studio unit comes fully furnished and has a proven track record for short term rental income. Modern updates to kitchen and baths along with hardwood floors and views of the Oyster Club make this a popular place to stay. This historic home sits on a corner lot with plenty of off street parking and a very private rear yard that is outlined with natural stone cliffs and patios allowing for a secluded retreat for outdoor entertainment. Whether an owner occupant or investor this charming home checks all boxes for downtown Mystic living and has great potential in our ever growing seaside town.

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Multi-Family Pending

Price

$ 1,049,900

Bedrooms

5

Full Bath

3

Half Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Units on different Floors

Lot Size

0.39

Year Built

1832

Town/City

Groton

MLS | Web ID

24012828

Features
General
Exterior Features Garden Area Lighting French Doors Patio
Zoning MDD
Full Baths 3
Half Baths 1
Year Built 1832
Neighborhood Mystic
Style Units on different Floors
Heater Type Baseboard Hot Water
County New London
Property SubType 3 Family
Tax Year July 2023-June 2024
Net Operating Income 32419
Property Type Multi-Family For Sale
Status Under Contract
Acres 0.39
Directions GPS friendly.
High School Per Board of Ed
City Groton
Street Name New London
Elementary School Per Board of Ed
Sq Ft Total 3495
DOM 3
Year Built Source Public Records
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Interior
Cooling System None
Basement Description Full Unfinished
Total Fireplaces 1
Total Rooms 15
Hot Water Oil Domestic
Total Bathrooms 4
Total Bedrooms 5
Total Number of Units 3
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Exterior
Water Source Public Water Connected
Garage Parking None Off Street Parking Driveway
Lot Description Corner Lot Level Lot Historic District
Pool? 0
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* Excluded Features
List By
Jon Arruda

Listing Agent

William Pitt Sotheby's Int'l

Broker

jonarruda@gmail.com

Email

Affordability Calculator

$6,978
Per Month
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Monthly Principal & Interest
$6,978
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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THE TIME TO SELL IS NOW!
Nearby
896384 Elementary School
895652 Middle School
Per Board Of Ed High School High School
Pricing History
DatePricePrice ChangeDescription
5/7/2024$1,049,900 Listed Price

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2 New London Road, Groton, CT, 06355 is a Multi-Family Home for sale at $1,049,900 with 3,495 sqft and a lot size of 0.39. 2 New London Road has 5 bedrooms, 3.1 baths, and was built in 1832. The property's zip code is 06355 which is in Groton, CT