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148 Benham Rd Groton, CT 06340

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For Sale
$1,649,000

Fully furnished rooming house with strong cash flow near major employers.

Lot size:
0.31 Acres

Property Features for 148 Benham Rd

General Information

Standard status
Active
Lot size
0.31 Acres

Building Details

Year built
1950

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Listing Contact
Zachary Pinto
Source: Corcoran

Listing Agency: Alpha Capital Realty, LLC Listing Agent: Zachary Pinto

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Furnished Rooming House Investment Opportunity

This fully furnished rooming house at 148 Benham Rd in Groton presents a rare investment opportunity, offering strong in-place cash flow and significant upside. The property operates with a mix of short- and long-term leases, ranging from 6 to 12 months, making it a turnkey investment suitable for both new and experienced operators. The rooms are furnished with a bed and mini-fridge. All utilities are included, such as heat, hot water, electricity, cable, and internet, which streamlines management. The property is positioned minutes from major employers, including Pfizer's RD campus, General Dynamics Electric Boat, the Naval Submarine Base, and other large-scale defense and biotech firms. This location provides a stable, high-quality tenant base. Investors can benefit from the reliable income, low vacancy, and scalable model. This property offers a unique value-add opportunity with a proven track record and room to grow in one of Connecticut's strongest rental corridors.
Location Intelligence

Current Use by Public Records

Rand Lodge Hotel & Motel

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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  • Local Demand
City
Groton
County
New London
State
Connecticut
Longitude
-72.0728829
Latitude
41.3439097

FAQs

What type of property is this?
Residential income property - Fully furnished rooming house with strong cash flow near major employers.
Where is this residential income property located?
The property is located at 148 Benham Rd Groton, CT.
What is the asking price?
The asking price for this property is $1,649,000.
What are key features of this property?
This property features: - Strong in-place cash flow with significant upside potential.; - Fully furnished rooming house offering a turnkey investment opportunity.; - Prime location minutes from major employers like Pfizer, General Dynamics Electric Boat, and the Naval Submarine Base.
More about this property
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