59 School Street, Groton, CT 06340 - Photo 1

1/1

$450,000

Sold
Closed
Multi-Family
3 Total Beds
Updated 2 days ago

1/1

Property Description

Opportunity awaits in the heart of Groton City's historic Groton Bank neighborhood! This three-family property is filled with timeless charm, featuring high ceilings, original character, and seasonal water views of the Thames River. Rich in architectural character, this property presents an excellent opportunity for investors or owner-occupants looking to restore and add value. Significant improvements include a new roof (2022), updated boiler (2025), and electrical updates completed after the current owner purchased the property. Conveniently located just minutes from Electric Boat, Pfizer, the Submarine Base, downtown Groton, shopping, dining, parks, and other local amenities. Bring your vision and restore this character-filled property, preserving its historic charm while creating an outstanding investment or owner-occupied opportunity in a desirable location. Home is being sold as-is and may not qualify for all types of financing.

Full Property Details

Full Property Details for 59 School St

General

Sold For: $450,000
Taxes: (July 2025-June 2026)
Status: Closed
Type: Multi-Family
Source: SMARTMLS
MLS ID: 24188774
Added to Site: 51 day(s) ago

Interior

Number of Rooms: 8

Rooms

Bathrooms

Total Bathrooms: 3
Full Bathrooms: 3

Bedrooms

Total Bedrooms: 3

Other Rooms

Laundry: Basement Hook-Up(s)

Exterior

Exterior Features: Porch
Color: Grey

Parking

Total Spaces: 2
Parking: Paved, Off Street Parking, Driveway

Location

County: New London
Neighborhood: Groton Heights
Driving Directions: Thames Street south to right onto School St

School Information

Elementary School: Per Board of Ed
Middle School: Groton Middle School
High School: Fitch Senior

Community

Community Name: Groton Heights

Heating & Cooling

Cooling Type: None
Heating Type: Steam, Oil
Heating Fuel: Oil
Water Heater: Oil, Domestic

Utilities

Sewer: Public Sewer Connected
Water: Public Water Connected

Structural Information

Architectural Style: Units on different Floors
Construction Status: No/Resale
Exterior Const.: Asbestos
Basement Desc.: Full, Full With Hatchway
Roof: Asphalt Shingle
Attic: Yes
Square Feet: 2,069
Above Ground: 2,069 Sq. Ft.
Year Built: 1851

Unit Information

Unit 1

Total Bathrooms: 1
Bedrooms: 1

Unit 2

Total Bathrooms: 1
Bedrooms: 1

Unit 3

Total Bathrooms: 1
Bedrooms: 1

Lot Features

Lot Size (Acres): 0.26
Driveway/Sidewalk: Asphalt
Zoning: R52
Lot Description: Sloping Lot, Historic District, Water View

Water Features

Water Front Desc.: Beach Rights

Green Features

Energy Features: Storm Doors, Storm Windows

Financial Considerations

Assessment Amount: $172,900
Tax Year: July 2025-June 2026

Disclosures and Reports

Property ID: 1949588

Listed by CR Premier Properties, Paula Turley
Sold by William Raveis Real Estate, The Bill Heenan Team, Eliesha Johnson

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Listing agent

— 59 School St —

Paula Turley

CR Premier Properties

Agent Contact: (860) 884-2631 Office Contact: (860) 451-8067

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NMLS#: 1598647

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Schools

Schools serving 59 School St

School District:Groton School District

Name	Grades	Distance
Thames River Magnet School 154 Toll Gate Road, Groton, CT 06340	PK-5	1.5 mi
Groton Middle School 35 Groton Long Point Road, Groton, CT 06340	6-8	3.8 mi
Fitch Senior High School 101 Groton Long Point Road, Groton, CT 06340	9-12	3.7 mi

Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 59 School St

Date

Details

Price

Change

Source

8/19/2026

Sold

$450,000

2.27%

MLS

7/02/2026

Listed

$440,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Sq. Ft.

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Sold

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Multi-Family
Closed

4
Total Beds

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Beds
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Total Baths
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3
Beds
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Total Baths
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Sq. Ft.

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59 School Street, Groton, CT 06340 (MLS# 24188774) is a Multi-Family property that was sold at $450,000 on August 19, 2026. Want to learn more about 59 School Street? Do you have questions about finding other Multi-Family real estate for sale in Groton City? You can browse all Groton City real estate or contact a Coldwell Banker agent to request more information.

59 School St Groton, CT 06340

Full Property Details for 59 School St

General

Interior

Rooms

Bathrooms

Bedrooms

Other Rooms

Exterior

Parking

Location

School Information

Community

Heating & Cooling

Utilities

Structural Information

Unit Information

Unit 1

Unit 2

Unit 3

Lot Features

Water Features

Green Features

Financial Considerations

Disclosures and Reports

Listing agent

Get Pre-Approved Today

Be ready to buy your new home!

Be ready to buy your new home!

Schools serving 59 School St

Price & Sales History for 59 School St

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