8-16 Benham Road

About Property

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.
Listed by Seaport Real Estate Services, Andrew O'Reilly. Data sourced from SmartMLS