Three-Unit Triplex with
For Sale
$699,000
Pending
12 Bank Street, Groton, CT 06355
MULTI_FAMILY - Groton, CT
Property Size1,995 SF
Lot Size0.19 Acres
Days on Market112
Property Features for 12 Bank Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R-7
Bedrooms
3
Bathrooms
3
Full bathrooms
3
Rooms
Bathroom 3, Bathroom 2, Basement, Bathroom 1, Bedroom 3, Bedroom 2, Bedroom 1
Patio and Porch features
Porch
Exterior features
Sidewalk,Porch,Deck
Basement
Full, Partially Finished
Lot features
Level Lot, Historic District
Elementary school
Per Board of Ed
High school
Fitch Senior
Directions
W Main St to Bank St, #12 on right.
Subdivision
Mystic
Standard status
Pending
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
Amenities
deck
yard
Building Details
Year built
1890
Architectural style
Other
Listing Agency:
Houlihan Lawrence
(203) 438-0455
Listed By:
Kyle Neumann · License #RES.0797564
(203) 438-0455
Added: May 1
Changed: Aug 9
Last Checked: Aug 20 at 2:06AM
MLS# 24171014
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.
Located at 12 Bank Street, this triplex is set on a 0.19-acre lot and totals 1,995 SF. The property is configured as a legal two-family but is currently utilized as a three-unit income-producing property, creating flexibility for different ownership plans. The main level includes the largest living space with vaulted ceilings, abundant natural light, and access to a spacious deck overlooking downtown Mystic. A partially finished basement below has previously served as office space.
The upper level functions as an additional unit with its own kitchenette. A separate guest cottage provides a studio-style living space with a full kitchen and a full bath. In total, the property includes three bedrooms and three full baths, with multiple outdoor decks, a porch, and yard space.
Utilities include public water and public sewer. Heating is baseboard, and the home has central air. Built in 1890, the exterior amenities include a porch, deck, and sidewalk access, supporting a low-maintenance, guest-friendly setup.
The upper level functions as an additional unit with its own kitchenette. A separate guest cottage provides a studio-style living space with a full kitchen and a full bath. In total, the property includes three bedrooms and three full baths, with multiple outdoor decks, a porch, and yard space.
Utilities include public water and public sewer. Heating is baseboard, and the home has central air. Built in 1890, the exterior amenities include a porch, deck, and sidewalk access, supporting a low-maintenance, guest-friendly setup.
Key Highlights
- 0.19‑acre lot and 1,995 SF triplex property
- Legal two‑family configuration currently utilized as three income units
- Main level features vaulted ceilings and deck access
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
887
Businesses Nearby
Explore this area
Business Placement
Demographics for 06355, CT
12,835
Population
6,099
Households
2.1
Avg Household Size
52
Median Age
58%
College-Educated
98%
High-School Grad
14.2 sq mi
ZIP Area
904
Density / Sq Mi
$132,367
Median Household Income
$63,321
Median Earnings
$1,722
Median Rent
$416,600
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Triplex configured as three income units with central air, vaulted ceilings, and multiple outdoor decks under R-7 zoning.
Where is this triplex 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: 0.19‑acre lot and 1,995 SF triplex property; Legal two‑family configuration currently utilized as three income units; Main level features vaulted ceilings and deck access
