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    59 School St Groton, CT 06340

    For Sale
    $359,000

    Units On Different Floors, 3 Family - Groton, CT

    Property size:
    2,069 SF
    Lot size:
    0.26 Acres
    Days on Market:
    9
    Last Refresh:
    Dec 13 at 6:06 pm

    Property Features for 59 School St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    R52
    Rooms
    Basement, Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 3
    Bedrooms
    3
    Bathrooms
    3
    APN
    1949588
    Parking
    2
    Parking features
    Driveway, Paved or Surfaced
    Patio and Porch features
    Porch
    Exterior features
    Storm Doors, Storm Windows, Porch
    Basement Y/N
    1
    Size
    2,069 SF
    Lot size
    0.26 Acres

    Utilities

    Heating system
    Oil, Steam
    Cooling system
    None (Cooling)
    Water front features
    Beach Rights

    Building Details

    Year built
    1851
    Building materials
    Asbestos
    Roof type
    Asphalt, Shingle
    Architectural style
    Other

    CR Premier Properties (860) 942-9293 [email protected]

    Listing agent Michael Collins (860) 942-9293

    Listing date Dec 5, 2025

    MLS# 24143285 Listing URL

    Copyright © 2025 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

    Groton Three-Unit Multifamily Property

    Located in the Groton Bank National Historic District, this owner-occupied three-unit multifamily property offers a hillside water view of the Thames River to the west and south. The property has been occupied for 29 years. The roof was replaced in 2022, and the boiler was replaced in 2025. Electrical updates were completed shortly after the owner's purchase in 1996. The property is conveniently located near Electric Boat, Pfizer, and the Subbase. The lot size is 0.26 acres, and the property size is 2069 square feet. Zoning is R52. Please note that the sale is AS IS. No government contracts are in place. The stained glass at the front door does not remain. An attic bath was added without a permit.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Groton
    County
    New London
    State
    Connecticut
    Longitude
    -72.0817268
    Latitude
    41.3567666

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    FAQs

    What type of property is this?
    Triplex - Three-unit multifamily property in Groton, CT, with recent updates.
    Where is this triplex located?
    The property is located at 59 School St Groton, CT.
    What is the asking price?
    The asking price for this property is $359,000.
    What are key features of this property?
    This property features: - Hillside water view of Thames River.; - New roof (2022) and boiler (2025).; - Located in Groton Bank National Historic District.
    (860) 942-9293
    Request Owner's contact information
    59 School St Groton, CT 06340
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    59 School St Groton, CT 06340
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