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Updated Two-Family Home
For Sale
$459,900
Pending

68 School St, Groton, CT 06340

Turnkey 2-family property with updated interiors, off-street parking, and a detached garage near major employers and amenities.

Property Size2,400 SF
Days on Market46

Property Features for 68 School St

General Information

Standard status Pending
Size 2,400 SF
Property subtype Multi Family

Additional Details

Highway Access Yes
Multifamily Units 2

Building Details

Year Built 1903
Tenancy Multi
Listing Agency: Real Broker CT, LLC
Listed By: Kristopher J. Tramont · License #RES.0807158
Source: Elliman
Added: Jun 17 Changed: Jul 10 Last Checked: Jul 24 at 1:48PM

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 Real Broker CT, LLC

Investment Insights

Based on property information with market context.

This well maintained two-family home offers a thoughtfully updated layout designed for comfortable day-to-day living. Each unit features approximately 1,200 square feet with two bedrooms and one full bath, along with bright living and dining spaces. Interiors include gleaming hardwood floors, updated kitchens with stainless steel appliances, and preserved original character such as oversized windows and detailed trim work. A charming wraparound front porch provides a welcoming entry, while a private rear deck offers additional outdoor space. Off-street parking is available, and there is also a detached garage.

The property is located in Groton, down the road from Electric Boat and only minutes to the U.S. Navy Sub Base. It is also described as convenient to nearby shopping, restaurants, major highways, Pfizer, and Mystic, supporting a location that works for both commuters and local daily needs.

For tenants or buyers, the configuration supports flexible occupancy, whether purchasing for long-term rental income or for owner occupancy with an additional unit to offset housing expenses. With updated kitchens, functional room layouts, and maintained finishes throughout both units, the property is well suited for an operator seeking a move-in-ready asset with two self-contained living spaces.

Key Highlights

  • Well maintained 2‑family home built in 1903 in Groton
  • Each unit offers approx. 1,200 SF with 2 bedrooms and 1 full bath
  • Updated kitchens in each unit with stainless steel appliances

Property Analytics

Current Use

Duplexes

Suggested Use

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

2
Residential units
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

294
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
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Frequently Asked Questions

What type of property is this?
Duplex - Turnkey 2-family property with updated interiors, off-street parking, and a detached garage near major employers and amenities.
Where is this duplex located?
The property is located at 68 School St Groton, CT.
What is the asking price?
The asking price for this property is $459,900.
What are key features of this property?
This property features: Well maintained 2‑family home built in 1903 in Groton; Each unit offers approx. 1,200 SF with 2 bedrooms and 1 full bath; Updated kitchens in each unit with stainless steel appliances
More about this property
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