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    Furnished Rooming House Investment Opportunity Title is generated by Realmo AI

    148 Benham Road, Groton, CT 06340

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    For Sale
    $1,649,000

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

    Type:Commercial
    Lot size:
    0.31 Acres
    Added:
    Feb 25, 2026
    Days on Market:
    104
    Last Refresh:
    Apr 5 at 8:30 pm

    Property Features for 148 Benham Road

    General Information

    Standard status
    Active
    Lot size
    0.31 Acres
    Property subtype
    Commercial

    Building Details

    Year Built
    1950

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    Listing Contact
    ZACHARY PINTO

    Listing agent ZACHARY PINTO License #RES.0827718

    Listing office Alpha Capital Realty, LLC

    Listing date Feb 25, 2026

    Source Corcoran

    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 Alpha Capital Realty, LLC

    HighLights

    • 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.
    • Mix of short- and long‑term leases (6‑12 months) providing flexibility.
    • All utilities included simplifying management.
    • Furnished rooms (each with bed and mini‑fridge) attracting consistent demand.

    Overview

    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.
    Property Profile 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

    • Map
    • Local Demand
    City
    Groton
    County
    New London
    State
    Connecticut
    Longitude
    -72.0729
    Latitude
    41.3439

    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 Road 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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