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Two-Unit Duplex with Separate Utilities
For Sale
$429,000
Pending

132 Ring Dr, Groton, CT 06340

Each unit includes basement storage, independent utilities, and a two-bedroom, one-bath layout.

Property Size1,904 SF
Days on Market59

Property Features for 132 Ring Dr

General Information

Standard status Pending
Size 1,904 SF
Property subtype Multi Family

Units

Unit Mix 2 x 2BR/1BA
Multifamily Units 2

Building Details

Building Size 1,904 SF
Year Built 1965
Buildings 1
Listing Agency: RE/MAX Realty Group
Listed By: Merry Cassabria · License #REB:0756425
Source: Elliman
Added: Jul 4 Changed: Aug 30 Last Checked: Aug 30 at 6:09PM

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 RE/MAX Realty Group

Investment Insights

Based on property information with market context.

Located at 132 Ring Dr in Groton, Connecticut, this two-unit duplex was built in 1965. Both units offer two bedrooms and one full bathroom, with separate utility service and dedicated basement storage areas. The property also includes a level lot. One unit is currently unoccupied, while the other has tenants in place. Access to the vacant unit is available for prospective buyers, with a later appointment required to view the occupied side. Walk Score is 27, reflecting a car-dependent setting, and Bike Score is 43, rated somewhat bikeable.

Key Highlights

  • Two‑unit duplex at 132 Ring Dr, Groton, CT 06340
  • Each unit has 2 bedrooms and 1 full bath
  • Separate utilities serve each unit

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Building Supply HVAC Service Nail Salon Spa & Massage Center Big Box & Wholesale Store

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

Location Intelligence

Trade Area within ½ mile

155
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 - Each unit includes basement storage, independent utilities, and a two-bedroom, one-bath layout.
Where is this duplex located?
The property is located at 132 Ring Dr Groton, CT.
What is the asking price?
The asking price for this property is $429,000.
What are key features of this property?
This property features: Two‑unit duplex at 132 Ring Dr, Groton, CT 06340; Each unit has 2 bedrooms and 1 full bath; Separate utilities serve each unit
More about this property
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