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Multifamily Property with Duplex
New
For Sale
$275,000

1203 Poquonnock Rd, Groton, CT 06340

Two-building property includes a duplex, studio, loft area, and small shed.

Property SizeContact for details
Days on Market6

Property Features for 1203 Poquonnock Rd

General Information

Standard status Active
Property subtype Multi-Family

Additional Details

Multifamily Units 4

Building Details

Year Built 1946
Buildings 3
Listing Agency: Houlihan Lawrence
Listed By: Kara Mazzola · License #REB.0791866
Source: Firstchoicerealtyne
Added: Sep 22 Changed: Sep 26 Last Checked: Sep 26 at 6:59AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Houlihan Lawrence

Investment Insights

Based on property information with market context.

This multifamily property includes two buildings and a small shed on the parcel. One building contains a studio with a separate loft area, while the other is configured as a duplex with one larger unit and one smaller unit. The property was built in 1946 and is offered in its present condition.

The property is being offered together with 1209 Poquonnock Road and will not be sold separately. The associated parcel includes a commercial building with a one-bedroom apartment on the second floor. Cash or hard money financing is required.

Key Highlights

  • Two buildings plus a small shed on the parcel
  • Duplex includes one larger unit and one smaller unit
  • Separate studio with loft area

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency (Bike/Boat/Book/etc) Store Skin Care Clinic Carpet & Flooring Store Building Supply Kitchen & Bath Showroom

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

4
Residential units

Location Intelligence

Trade Area within ½ mile

380
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Multifamily property - Two-building property includes a duplex, studio, loft area, and small shed.
Where is this multifamily property located?
The property is located at 1203 Poquonnock Rd Groton, CT.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Two buildings plus a small shed on the parcel; Duplex includes one larger unit and one smaller unit; Separate studio with loft area
More about this property
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