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Side-by-Side Residential Income Property
For Sale
$485,900

1320 Route 12, Groton, CT 06340

Two side-by-side units offer a straightforward residential configuration with RU-20 zoning.

Property Size2,406 SF
Price / SF$201.95
Days on Market23

Property Features for 1320 Route 12

General Information

Standard status Active
Size 2,406 SF
Property subtype Residential Income
Zoning RU-20

Taxes and HOA fees

Annual Taxes $4,542

Amenities

Window Unit(s)
Oil, Hot Water
Partial
Units are Side-by-Side

Building Details

Building Size 2,406 SF
Year Built 1900
Listing Agency: Coldwell Banker Realty
Listed By: Letessa Dion
Source: Evrealestate
Added: Jul 21 Changed: Aug 11 Last Checked: Aug 12 at 4:38AM

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 Coldwell Banker Realty

Investment Insights

Based on property information with market context.

This residential income property includes side-by-side units within a building constructed in 1900. The property size is listed as 2406, with window unit air conditioning and an oil-fired hot-water system identified among the interior features.

The property is located at 1320 Route 12 in Groton, Connecticut, within New London County. RU-20 zoning applies to the site. The listing also provides access directions from Route 12.

Key Highlights

  • Side‑by‑side unit configuration
  • Property size listed as 2406
  • Built in 1900

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Hair Salon HVAC Service Electrical Service Nail Salon Pharmacy 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.

Location Intelligence

Trade Area within ½ mile

143
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
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Frequently Asked Questions

What type of property is this?
Residential income property - Two side-by-side units offer a straightforward residential configuration with RU-20 zoning.
Where is this residential income property located?
The property is located at 1320 Route 12 Groton, CT.
What is the asking price?
The asking price for this property is $485,900.
What are key features of this property?
This property features: Side‑by‑side unit configuration; Property size listed as 2406; Built in 1900
More about this property
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