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$ 1,749,000
Est. payment | /mo
1 Bath
0.31 Acres Lot
$ 1,749,000
Est. payment | /mo
1 Bath
0.31 Acres Lot
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 24111090
Full Baths 1
Year Built 1950
Annual Tax Amount $18,104
Lot Size 0.310 Acres
Property Description
Rare opportunity to own a fully furnished rooming house at 148 Benham Rd in Groton, offering strong in-place cash flow and significant upside. This property features a mix of short- and long-term leases (6-12 months), making it an ideal turnkey investment for both new and experienced operators. With all utilities included-heat, hot water, electricity, cable, and internet-management is streamlined, while the furnished rooms (each with a bed and mini-fridge) attract consistent demand. Positioned just minutes from major employers including Pfizer's R&D campus, General Dynamics Electric Boat, the Naval Submarine Base, and other large-scale defense and biotech firms, the property benefits from a stable, high-quality tenant base. Investors will appreciate the reliable income, low vacancy, and scalable model. Whether you're looking to expand your portfolio or secure a high-performing asset in one of Connecticut's strongest rental corridors, 148 Benham Rd presents a unique value-add opportunity with a proven track record and room to grow.
Location
State CT
County New London
Zoning R52
Interior
Heating Hot Water
Cooling Window Unit
Exterior
Utilities Available Electric, Gas, Telephone, Cable
Roof Type Asphalt Shingle
Building
Lot Description Level Lot
Foundation Concrete
Sewer Public Sewer Connected
Water Public Water Connected
Listed by Zachary Pinto • Alpha Capital Realty, LLC
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Ilka Torres
Broker | License ID: REB.0794005