59 School Street, Groton, CT 06340 (MLS # 24188774)

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PRICE $440,000 dsIDX morgage calculator
BEDS 3
BATHS 3
HOME SIZE 2,069 sqft
LOT SIZE 11,326 sqft

Opportunity awaits in the heart of Groton City's historic Groton Bank neighborhood! This three-family property is filled with timeless charm, featuring high ceilings, original character, and seasonal water views of the Thames River. Rich in architectural character, this property presents an excellent opportunity for investors or owner-occupants looking to restore and add value. Significant improvements include a new roof (2022), updated boiler (2025), and electrical updates completed after the current owner purchased the property. Conveniently located just minutes from Electric Boat, Pfizer, the Submarine Base, downtown Groton, shopping, dining, parks, and other local amenities. Bring your vision and restore this character-filled property, preserving its historic charm while creating an outstanding investment or owner-occupied opportunity in a desirable location. Home is being sold as-is and may not qualify for all types of financing.

DAYS ON MARKET 1 LAST UPDATED 7/2/2026
YEAR BUILT 1851 COUNTY New London
STATUS Active PROPERTY TYPE(S) Multi Family

SCHOOLS
Elementary School Per Board of Ed
Jr. High School Groton Middle School
High School Fitch Senior


ADDITIONAL DETAILS
AIR None
BASEMENT Full, Yes
CONSTRUCTION Asbestos, Frame
HEAT Oil, Steam
LOT 0.26 acre(s)
LOT DESCRIPTION Sloped
PARKING Asphalt, Off Street, Paved, Driveway
SEWER Public Sewer
STYLE Units on different Floors
TAXES 4999
VIEW Yes
VIEW DESCRIPTION Water
WATER Public
WATERFRONT DESCRIPTION Beach Access
ZONING R52
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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Listing courtesy of CR Premier Properties
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