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    Groton, CT Residential Income Properties for Sale

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    New London, CT Ledyard, CT Stonington, CT
    8 listings
    Versatile Property Near Downtown Mystic
    $699,000
    1,995 SF
    Versatile Property Near Downtown Mystic

    12 Bank Street, Groton, CT 06355

    Income-producing property near waterfront, shops, restaurants, and Mystic Seaport.
    • Prime location: One block from downtown Mystic, walking distance to waterfront, shops, restaurants, and Mystic Seaport.
    • Income‑producing potential: Currently utilized as a three‑unit rental property.
    • Flexible layout: Configured as a legal two‑family with a guest cottage, offering options for investors or single‑family conversion.
    • Main level features: Vaulted ceilings, abundant natural light, and spacious deck overlooking downtown Mystic.
    • Guest cottage: Studio‑style living space with full kitchen and bath.
    Updated: May 1
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    Groton Multifamily Investment Opportunity
    $399,000
    1,924 SF
    Groton Multifamily Investment Opportunity

    2 York Court, Groton, CT 06340

    Multifamily property in Groton, CT, offering financial and residential opportunities.
    • Multi‑family home offering financial opportunity as an investment property or owner‑occupied residence.
    • Each unit features a new kitchen with soft‑closing cabinets, granite counters, and newer appliances.
    • Equipped with electric baseboard heat, eliminating the need for a boiler or oil tank.
    • New hot water heaters installed in January of this year.
    • Connected to city water and city sewer.
    Updated: May 8
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    Mixed-Use Restaurant Property
    $1,200,000
    2,849 SF
    Mixed-Use Restaurant Property

    Two-building setup combines a sushi restaurant with a five-bedroom residence for an owner-operator arrangement.

    1043 Poquonnock Road, Groton, CT 06340

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    Furnished Rooming House Investment Opportunity
    $1,649,000
    Furnished Rooming House Investment Opportunity

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

    148 Benham Rd, Groton, CT 6340

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    Historic Mystic Four-Family Home
    $1,595,000
    Historic Mystic Four-Family Home

    Well-maintained four-family home in downtown Mystic with income potential.

    19 Pearl St, Groton, CT 6355

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    Furnished Rooming House Investment Opportunity
    $1,649,000
    0.31 Acres
    Furnished Rooming House Investment Opportunity

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

    148 Benham Road, Groton, CT 6340

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    Groton Multifamily Home For Sale
    $399,000
    Groton Multifamily Home For Sale

    Multifamily home with updated kitchens and new water heaters.

    2 York Ct, Groton, CT 6340

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    Groton Multifamily Investment Opportunity
    $379,900
    Groton Multifamily Investment Opportunity

    Multifamily home in Groton, ideal for investors or owner-occupants.

    158 Midway Oval, Groton, CT 6340

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    Based on your search, we've compiled 70 Potential Opportunities for your consideration. Besides 8 Active listings in Groton, CT, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 54 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Updated Multi-Unit Building in Mystic
    $2,550,000
    3,669 SF
    Updated Multi-Unit Building in Mystic

    Turn-key investment opportunity near downtown Mystic.

    44 Williams Avenue, Stonington, CT 06355

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    Income-Producing Multifamily Portfolio in Mystic
    $3,700,000
    4,962 SF
    Income-Producing Multifamily Portfolio in Mystic

    Three multifamily properties near Downtown Mystic offer robust cash flow.

    9 School (4 and 6 School Place)(Mystic) Street, Stonington, CT 06355

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    Downtown Commercial Building Ready Buildout
    $750,000
    11,676 SF
    Downtown Commercial Building Ready Buildout

    Four-story, 11,656 SF commercial building with development opportunity.

    27 Bank Street, New London, CT 6320

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    Downtown Commercial Building Ready for Buildout
    $567,000
    11,656 SF
    Downtown Commercial Building Ready for Buildout

    Four-story, 11,656 SF building with approvals for mixed-use development.

    27 Bank St, New London, CT 6320

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Mystic Dream Home Building Opportunity
    $164,900
    1.79 Acres
    Mystic Dream Home Building Opportunity

    1.78-acre lot in Mystic, build your dream home!

    68 Mystic Meadow Lane, Groton, CT 06355

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    Approved Residential Subdivision Opportunity
    $1,246,000
    15.98 Acres
    Approved Residential Subdivision Opportunity

    Approved 14-lot residential subdivision in Groton, CT.

    Briar Hill Road, Groton, CT 06340

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    Residential Land in Quiet Neighborhood
    $49,900
    0.30 Acres
    Residential Land in Quiet Neighborhood

    Level, cleared land near Thames River, convenient to amenities.

    3 Holdsworth Road, Preston, CT 06365

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    Expansive Land in Montville, CT
    $297,000
    55.85 Acres
    Expansive Land in Montville, CT

    55+ acre land parcel in a peaceful, convenient location.

    320 Maple Avenue, Montville, CT 06382

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    Off-Market Properties in Groton, CT

    Consider similar Off-Market properties in Groton, CT. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    11 High St
    BOARDING/ROOMING HOUSE
    4,440 SF Lot: 0.15 Acres
    Value Estimation by Request

    11 High St, Groton, CT 06340-4955

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    360 Thames St
    APARTMENT HOUSE (5+ UNITS)
    10,944 SF Lot: 0.42 Acres
    Estimated value
    $1,800,000

    360 Thames St, Groton, CT 06340-3937

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    46 Hynes Ave
    APARTMENT HOUSE (5+ UNITS)
    25,830 SF Lot: 1.11 Acres
    Estimated value
    $1,965,000

    46 Hynes Ave, Groton, CT 06340-5051

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    183 Brandegee Ave
    APARTMENT HOUSE (5+ UNITS)
    29,400 SF Lot: 1.22 Acres
    Estimated value
    $1,950,000

    183 Brandegee Ave, Groton, CT 06340-4559

    View details
    33 School St
    BOARDING/ROOMING HOUSE
    3,600 SF Lot: 0.11 Acres
    Value Estimation by Request

    33 School St, Groton, CT 06340-3909

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    107 Benham Rd
    APARTMENT HOUSE (5+ UNITS)
    4,884 SF Lot: 0.23 Acres
    Estimated value
    $890,000

    107 Benham Rd, Groton, CT 06340-4966

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    171 Hynes Ave
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,360 SF Lot: 0.19 Acres
    Estimated value
    $700,000

    171 Hynes Ave, Groton, CT 06340-5038

    View details
    109 Hynes Ave
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,168 SF Lot: 0.24 Acres
    Estimated value
    $700,000

    109 Hynes Ave, Groton, CT 06340-5037

    View details
    48 Smith St
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,716 SF Lot: 0.18 Acres
    Value Estimation by Request

    48 Smith St, Groton, CT 06340-4027

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    101 Hynes Ave
    APARTMENT HOUSE (UNDER 5 UNITS)
    4,552 SF Lot: 0.51 Acres
    Estimated value
    $560,000

    101 Hynes Ave, Groton, CT 06340-5087

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    171 Poquonnock Rd
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,614 SF Lot: 0.44 Acres
    Value Estimation by Request

    171 Poquonnock Rd, Groton, CT 06340-4409

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    281 Brandegee Ave
    APARTMENT HOUSE (5+ UNITS)
    33,480 SF Lot: 1.52 Acres
    Estimated value
    $2,305,000

    281 Brandegee Ave, Groton, CT 06340-5102

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    603 Shennecossett Rd
    APARTMENT HOUSE (5+ UNITS)
    16,240 SF Lot: 2.13 Acres
    Estimated value
    $3,705,000

    603 Shennecossett Rd, Groton, CT 06340-5255

    View details
    48 Frst St
    APARTMENT HOUSE (UNDER 5 UNITS)
    2,552 SF Lot: 0.16 Acres
    Value Estimation by Request

    48 Frst St, Groton, CT 06340-4957

    View details
    50 Frst St
    APARTMENT HOUSE (UNDER 5 UNITS)
    2,552 SF Lot: 0.16 Acres
    Value Estimation by Request

    50 Frst St, Groton, CT 06340-4958

    View details
    245 Brandegee Ave
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,456 SF Lot: 0.18 Acres
    Value Estimation by Request

    245 Brandegee Ave, Groton, CT 06340-5101

    View details

    Groton, CT Residential Income Properties Investment Opportunities Market Analysis

    Explore 62 residential income properties for sale in Groton, CT, showcased through 8 active listings on our real estate platform. These investment opportunities span a total of 8,193 square feet of properties for sale, with an estimated market value of $2,677,900.

    Sale prices for residential income properties in Groton, CT start at $379,900, averaging $669,475, and reaching up to $1,200,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    List
    Map

    Top Commercial Asset Segments

    Multifamily properties 18
    Apartment buildings 7
    Duplexes 3
    Mobile home & RV parks 2
    Quadplexes 1

    Property Size Breakdown

    The majority of commercial real estate listings in Groton fall within the 100,000+ square foot range.

    Demographics Overview

    Population 30K
    Population Growth (5Y) -3.0%
    Median Household Income $77,768
    College Educated 27.0%

    High-Yield Neighborhoods for Investment

    Identify Groton submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    Groton $865.1K
    Mystic $1.1M

    Taxes & Financing

    Tax Rate (average for all types) 2.69%
    Property Tax per SF $42.50 per sq ft
    Average Loan-to-Value 65.0%

    Listings Trend

    Total CRE Area on Market Trend

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