Four-Family Residential Income
For Sale
$895,000
14 New London Road, Groton, CT 06355
Well-maintained four-family with 1-bed/1-bath units, separate utilities, and on-site coin laundry near downtown Mystic.
Property Size2,729 SF
Price / SF$327.96
Days on Market34
Property Features for 14 New London Road
General Information
Standard status
Active
Size
2,729 SF
Property subtype
4 Family
Additional Details
Multifamily Units
4
Amenities
coin operated laundry facility
Building Details
Year Built
1850
Listing Agency:
Switz Real Estate Associates
(860) 884-6003
Listed By:
Thomas Switz
(860) 884-6003
Source:
Lockandkeyre
Added: Jul 23
Changed: Aug 23
Last Checked: Aug 24 at 5:46AM
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 Switz Real Estate Associates
Investment Insights
Based on property information with market context.
This well-maintained four-family home features four standalone apartments, each offering one bedroom and one full bathroom. The units have separate utilities, and there is a coin-operated laundry facility on site for tenant convenience. The property is described as being located out of the flood zone.
The building is positioned just steps from downtown Mystic, within walking distance of downtown shops, restaurants, and waterfront attractions, including the Mystic River Bascule Bridge. The asset is located at 14 New London Rd in Groton, Connecticut.
The building is positioned just steps from downtown Mystic, within walking distance of downtown shops, restaurants, and waterfront attractions, including the Mystic River Bascule Bridge. The asset is located at 14 New London Rd in Groton, Connecticut.
Key Highlights
- Well‑maintained 4‑family built in 1850, located just steps from downtown Mystic
- Four standalone units with 1 bedroom and 1 full bath each
- Separate utilities for each apartment
Property Analytics
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
72
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Quadplex - Well-maintained four-family with 1-bed/1-bath units, separate utilities, and on-site coin laundry near downtown Mystic.
Where is this quadplex located?
The property is located at 14 New London Road Groton, CT.
What is the asking price?
The asking price for this property is $895,000.
What are key features of this property?
This property features: Well‑maintained 4‑family built in 1850, located just steps from downtown Mystic; Four standalone units with 1 bedroom and 1 full bath each; Separate utilities for each apartment
