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Triplex with Porch
For Sale
$440,000
Pending

59 School Street, Groton, CT 06340

MULTI_FAMILY - Groton, CT

Property Size2,069 SF
Lot Size0.26 Acres
Days on Market49

Property Features for 59 School Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R52
Bedrooms 3
Bathrooms 3
Full bathrooms 3
Rooms Bathroom 1, Bathroom 2, Bedroom 3, Bedroom 2, Bathroom 3, Basement, Bedroom 1
Parking 2
Patio and Porch features Porch
Exterior features Porch
Basement Full
Lot features Sloping Lot, Historic District, Water View
Elementary school Per Board of Ed
High school Fitch Senior
Directions Thames Street south to right onto School St
Subdivision Groton Heights
Standard status Pending
Size 2,069 SF
Lot size 0.26 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 4999

Utilities

Sewer type Public Sewer
Heating system Steam
Water source Public

Building Details

Year built 1851
Architectural style Other
Listing Agency: CR Premier Properties
Listed By: Paula Turley · License #RES.0793347
Added: Jul 3 Changed: Aug 16 Last Checked: Aug 20 at 4:06AM
MLS# 24188774

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.

Investment Insights

Based on property information with market context.

This three-family triplex at 59 School Street includes a porch and steam heating. The property was built in 1851 and sits on a 0.26-acre lot. Reported building area is 2,069 square feet. Interior spaces include three bedrooms and three bathrooms, along with a basement.

Seller reports significant improvements including a new roof in 2022, an updated boiler in 2025, and electrical updates completed after the current owner purchased the property. The home is being sold as-is and may not qualify for all types of financing.

Located in the heart of Groton City’s historic Groton Bank neighborhood, the property is described as being minutes from Electric Boat, Pfizer, the Submarine Base, downtown Groton, and nearby shopping, dining, and parks.

Key Highlights

  • R52 zoning for this three‑family triplex
  • 0.26‑acre lot and 2,069 SF building area
  • Built in 1851 with a porch

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Bakery (Bike/Boat/Book/etc) Store Plumbing Service Home Appliance Store Kitchen & Bath Showroom Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

344
Businesses Nearby

Demographics for 06340, CT

29,788
Population
14,441
Households
2.1
Avg Household Size
35
Median Age
38%
College-Educated
93%
High-School Grad
22.5 sq mi
ZIP Area
1,324
Density / Sq Mi
$77,768
Median Household Income
$45,308
Median Earnings
$1,492
Median Rent
$275,500
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Triplex zoned R52 with public water and public sewer, plus a porch.
Where is this triplex located?
The property is located at 59 School Street Groton, CT.
What is the asking price?
The asking price for this property is $440,000.
What are key features of this property?
This property features: R52 zoning for this three‑family triplex; 0.26‑acre lot and 2,069 SF building area; Built in 1851 with a porch
More about this property
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