Rare opportunity to own a fully furnished rooming house at 148 Benham Rd in Groton, offering strong in place cash flow and significant upside.


Property

Website:https://www.nestseekers.com/5309109
Address:
148 Benham
Groton, CT 06340
Ownership: Commercial
Type: Commercial
Bathrooms: 1

Financials

Price:$1,649,000
Annual Taxes:$18,104

Description

Rare opportunity to own a fully furnished rooming house at 148 Benham Rd in Groton, offering strong in-place cash flow and significant upside. This property features a mix of short- and long-term leases (6-12 months), making it an ideal turnkey investment for both new and experienced operators. With all utilities included-heat, hot water, electricity, cable, and internet-management is streamlined, while the furnished rooms (each with a bed and mini-fridge) attract consistent demand. Positioned just minutes from major employers including Pfizer's R&D campus, General Dynamics Electric Boat, the Naval Submarine Base, and other large-scale defense and biotech firms, the property benefits from a stable, high-quality tenant base. Investors will appreciate the reliable income, low vacancy, and scalable model. Whether you're looking to expand your portfolio or secure a high-performing asset in one of Connecticut's strongest rental corridors, 148 Benham Rd presents a unique value-add opportunity with a proven track record and room to grow.

Amenities

  • Elementary School -
  • High School -
  • Intermediate School -
  • Window Unit

Contact

Nest Seekers International at The J House Greenwich, 1114 E Putnam Ave, Riverside, CT 06878
Listing Courtesy of Zachary Pinto of Alpha Capital Realty, LLC