22 Benham Road

Groton, Connecticut 06340

Status
Sale Pending
Square Feet
1,570
Beds
3
Price
$247,500
Type
Single Family For Sale
Garages
0
Baths
2
MLS
24005378

Price

$247,500

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Interior Details

Interior Size
1,570 Sq Ft
Bedrooms
3
Bathrooms
2
Rooms Total
Garage
0

Exterior Details

Lot Size
0.72 Acres
Roof
Shingle
Sewer
Public Sewer In Street
Construction
Construction
Cooling
None

Other Information

Property Tax
$5,046
Assessed Value
$137,130
Elementary School
Per Board of Ed
Middle School
NULL
High School
Fitch Senior

About Property

This property, a fixer-upper sold as-is, offers an appealing opportunity for handymen looking to flip or rent out a home. It features a 3-bedroom, 2-bathroom layout, complete with a spacious kitchen, hardwood floors, and a fenced-in yard. Additional perks include assigned parking and a substantial 165 feet of road frontage. A notable aspect of this property is its current use of the majority of the paved yard by EB employees for parking, which could represent an additional revenue stream with 34 parking spots. The home's location is advantageous, being conveniently close to EB, Pfizer, shopping centers, and highways, which enhances its rental potential-estimated to fetch around $2,500 per month. However, prospective buyers should be aware that the property requires significant renovations and that financing could pose a challenge due to its condition. Included in the sale is an adjacent .23 acre lot 1 Mariani CT situated in the FC zone (volume 1231, page 65), adding value to the overall purchase. This extra lot broadens the possibilities for expansion or additional development, making this offering particularly attractive to investors or those with the vision and skills to transform this property into a profitable investment.
Listed by Seaport Real Estate Services, Andrew O'Reilly. Data sourced from SmartMLS


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