$425,000

14 Denison Avenue, Groton, CT 06340

  • 2 beds |
  • 2 baths |
  • 1,364 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1928
  • Property Lot Size Icon0.33acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $312/sqft
  • Property List Date Icon Listed 3 days ago

Property Description

Exceptional multifamily investment opportunity boasting a rare 25-space private parking lot ideally located within walking distance to Electric boat. Take advantage of consistent, dual-shift demand from EB employees to generate additional parking lot income and enhance the overall ROI. This side by side two family home features aluminum siding, an architectural shingle roof, oil heat and public water & sewer. Each studio apartment spans approximately 682 Sq Ft and includes 1 bedroom, a living room, an eat-in kitchen, a full bathroom and rear enclosed mudroom. Unit 14 has been tastefully updated with engineered wood flooring throughout and a remodeled kitchen featuring double SS sink, SS appliance, composite counters and white laminate faced cabinets. Unit 16 is occupied by a long-term tenant, currently on a month-to-month lease offering a perfect balance of steady income and investment flexibility. The full unfinished basement provides shared laundry with a coin-operated washer and dryer and a furnace that was replaced in 2019. Heat included in the rent, with separate 100-amp electrical service for each unit. An outstanding opportunity to own a well-maintained property that offers both reliable income and room for future growth.

Listing Status:
Coming Soon
Date Added:
October 13, 2025 at 01:59PM
Listing Office:
Coldwell Banker Realty : (860) 739-6277
Listing Agent:
Scott Pellerin : (860) 739-6277
MLS ID:
24132291
  • Laundry: Coin Op Laundry
  • Basement: FullConcrete FloorFull With Hatchway
  • A/C: None
  • Heating: Hot WaterOil
  • Fireplace: Fireplaces: 0
  • General: PorchGutters
  • Style: Units are Side-by-Side
  • Parking: Parking spaces: 25
  • Roofing: Asphalt Shingle
  • County: New London
  • Driveway: PrivatePaved
  • Zoning: R521949926
  • Water: Public Water Connected
  • Sewer: Public Sewer Connected

This listing courtesy of Scott Pellerin, Coldwell Banker Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

C

Catherine Kolnaski STEAM Magnet School

500 Poquonnock Rd, Groton, CT, 06340

Grades PK-5

0.85 miles away

G

Groton Middle School

35 Groton Long Point Rd, Groton, CT, 06340

Grades 6-8

3.28 miles away

R

Robert E. Fitch High School

101 Groton Long Point Rd, Groton, CT, 06340

Grades 9-12

3.44 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.