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$420,000
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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.
Full Property Details
Full Property Details for 14 Denison Ave
General
- Sold For: $420,000
- Taxes: (July 2025-June 2026)
- Status: Closed
- Type: Multi-Family
- Source: SMARTMLS
- MLS ID: 24132291
- Added to Site: 95 day(s) ago
Interior
- Number of Rooms: 6
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Laundry: Coin Op Laundry
Exterior
- Exterior Features: Porch, Gutters
- Color: White
Parking
- Total Spaces: 25
- Parking: None, Parking Lot, Off Street Parking, Driveway
Location
- County: New London
- Driving Directions: GPS Friendly. Park in Front on street.
School Information
- Elementary School: Per Board of Ed
- Middle School: Per Board of Ed
- Intermediate School: Per Board of Ed
- High School: Per Board of Ed
Heating & Cooling
- Cooling Type: None
- Heating Type: Hot Water, Oil
- Heating Fuel: Oil
- Water Heater: Oil, 40 Gallon Tank
Utilities
- Sewer: Public Sewer Connected
- Water: Public Water Connected
Structural Information
- Architectural Style: Units are Side-by-Side
- Construction Status: No/Resale
- Exterior Const.: Aluminum
- Basement Desc.: Full, Concrete Floor, Full With Hatchway
- Roof: Asphalt Shingle
- Attic: Yes
- Square Feet: 1,364
- Above Ground: 1,364 Sq. Ft.
- Year Built: 1928
Unit Information
Unit 1
- Square Feet: 682
- Total Bathrooms: 1
- Bedrooms: 1
Unit 2
- Square Feet: 682
- Total Bathrooms: 1
- Bedrooms: 1
Lot Features
- Lot Size (Acres): 0.33
- Driveway/Sidewalk: Private, Paved
- Zoning: R52
- Lot Description: City Views, Level Lot, Water View
Water Features
- Water Front Desc.: Walk to Water, View
Financial Considerations
- Assessment Amount: $105,840
- Tax Year: July 2025-June 2026
Disclosures and Reports
- Property ID: 1949926
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Schools
Schools serving 14 Denison Ave
School District:Groton School District
| Name | Grades | Distance |
|---|---|---|
Groton Middle School 35 Groton Long Point Road, Groton, CT 06340 | 6-8 | 3.5 mi |
Fitch Senior High School 101 Groton Long Point Road, Groton, CT 06340 | 9-12 | 3.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 14 Denison Ave
Date
Details
Price
Change
Source
11/13/2025
Sold
$420,000
-1.18%
MLS
10/17/2025
Listed
$425,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
14 Denison Avenue, Groton, CT 06340 (MLS# 24132291) is a Multi-Family property that was sold at $420,000 on November 13, 2025. This property was listed by Scott Pellerin from our East Lyme/Mystic Office.Want to learn more about 14 Denison Avenue? Do you have questions about finding other Multi-Family real estate for sale in Groton? You can browse all Groton real estate or contact a Coldwell Banker agent to request more information.


