12 Bank Street Groton, CT 06355
New
MULTI_FAMILY - Groton, CT
Property size:
1,995 SFLot size:
0.19 AcresPrice / SF:
$350/SF- Added:
- May 1, 2026
- Days on Market:
- 1
- Last Refresh:
- May 1 at 3:06 pm
Property Features for 12 Bank Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R-7
- Bedrooms
- 3
- Bathrooms
- 3
- Rooms
- Bedroom 1, Bathroom 3, Bedroom 2, Bedroom 3, Bathroom 1, Bathroom 2, Basement
- Patio and Porch features
- Porch
- Exterior features
- Sidewalk,Porch,Deck
- Basement
- Full, Partially Finished
- Standard status
- Active
- Size
- 1,995 SF
- Lot size
- 0.19 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Annual Amount
- 9723
Utilities
- Sewer type
- Public Sewer
- Heating system
- Baseboard
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1890
Listing agent Kyle Neumann License #RES.0797564 (203) 438-0455
Listing office Houlihan Lawrence 395 Main Street, Ridgefield, CT (203) 438-0455
Listing date May 1, 2026
MLS# 24171014
Listing URL
Copyright © 2026 SmartMLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Overview
Versatile Property Near Downtown Mystic
Located one block from downtown Mystic, this property at 12 Bank Street in Groton, CT, offers a versatile opportunity in a desirable shoreline destination. The property, situated within walking distance of the waterfront, shops, restaurants, and Mystic Seaport, is currently utilized as a three-unit income-producing property, although it is legally configured as a two-family. The layout provides flexibility for both investors and end users. The main level features vaulted ceilings, abundant natural light, and access to a spacious deck overlooking downtown Mystic. A partially finished basement has previously served as office space. The upper level functions as an additional unit with its own kitchenette, while a separate guest cottage provides a studio-style living space complete with a full kitchen and full bath. The property includes three bedrooms, three full baths, multiple outdoor decks, and a yard space. The property, zoned R-7, sits on a 0.19-acre lot. The building size is 1995 square feet. This property can be maintained as a high-demand investment property or converted back into a single-family retreat.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Isalis
(Bike/Boat/Book/etc) Store
Party City
Party Supply Store
Skunk Funk
Big Box & Wholesale Store
Carl's Trading Co
Hat Shop
Bushka's Kitchen LLC
(Bike/Boat/Book/etc) Store
Location Insight
- Map
- Local Demand
- City
- Groton
- County
- New London
- State
- Connecticut
- Longitude
- -71.971799
- Latitude
- 41.35559
Nearby Similar for Sale
FAQs
What type of property is this?
Multifamily property - Income-producing property near waterfront, shops, restaurants, and Mystic Seaport.
Where is this multifamily property located?
The property is located at 12 Bank Street Groton, CT.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: Prime location: One block from downtown Mystic, walking distance to waterfront, shops, restaurants, and Mystic Seaport.; Income‑producing potential: Currently utilized as a three‑unit rental property.; Flexible layout: Configured as a legal two‑family with a guest cottage, offering options for investors or single‑family conversion.
