1320 Route 12
Groton, Connecticut 06340
Reduced from $525,000
- Beds
- 4
- Baths
- 3 | 1
- SqFt
- 2,406
- Acres
- 1.52
- Year Built
- 1900
- Property Type
- 2 Family
Matt Caiola
Luxury Real Estate Advisor
Request a private showing and get Matt's read on price, condition, and next steps.
About This Home
MUST SELL! Discover the potential of this spacious side-by-side duplex on 1.52 acres in Groton. Don't miss this excellent opportunity to own a versatile two-family property with strong income-producing potential. Owner Occupant Opportunity. Live in one side and rent the other unit. This multifamily property offers over 2400 sq ft of living space with many improvements, including new roof, new siding, landscaping deck and all new appliances in both units. Unit 2 has been remodeled all new flooring. Conveniently located near shopping, dining, minutes from Naval Base, Electric Boat and close to Mystic Seaport.
Key Facts
- City/Town
- Groton
- Neighborhood
- N/A
- Property / Style
- Multi-Family · Units are Side-by-Side
- Year Built
- 1900
- Days on Market
- 66 days
- Beds
- 4
- Baths
- 3 full · 1 half
- Living Area
- 2,406 sq ft
- Lot Size
- 1.52 acres
- Property Taxes
- $4,542 / Annually
Market Snapshot
The Groton Market
Multi-Family · trailing 12 months
Active Listings
6
5 under contract
Median List Price
$747,000
6 active listings
Median Closed Price
$420,000
21 sales
Median Days on Market
16
6 active listings
Median $ / Sq Ft
$361
6 active listings
Sale-to-List Ratio
101.8%
21 sales
How this home compares
List Price
$485,900
vs $747,000 median
35.0% below median
Price / Sq Ft
$202
vs $361 median
44.0% below median
Days on Market
66 days
vs 16 days median
50 days longer than median
Based on 6 active and 21 closed sales (trailing 12 mo) of multi-family in Groton. Source: SmartMLS · As of September 23, 2026.
Location
1320 Route 12, Groton, Connecticut
Estimate Your Payment
Estimated Monthly Payment
Rates: Freddie Mac PMMS via FRED · Updated Sep 17, 2026per month
- Principal & Interest$2,573
- Property Taxes$379
- Insurance$162
- HOA$0
Estimates only. Actual rates, taxes, insurance, and HOA fees vary. Consult a lender for current rates.
Location
- City/Town
- Groton
- Neighborhood
- N/A
- County
- New London
Residence
- Property Type
- Multi-Family
- Subtype
- Duplex
- Style
- Units are Side-by-Side
- Year Built
- 1900
- New Construction
- No/Resale
- Living Area
- 2,406 sq ft
Schools
- Elementary
- Per Board of Ed
- High
- Per Board of Ed
Interior
- Heating
- Hot Water
- Heat Fuel
- Oil
- Cooling
- Window Unit
- Fireplaces
- 1
- Basement
- Partial
Exterior & Lot
- Lot Size
- 1.52 acres
- Zoning
- RU-20
- Waterfront Details
- Not Applicable
- Water Source
- Private Well
- Sewer
- Septic
- Construction
- Vinyl Siding
- Roof
- Asphalt Shingle
- Foundation
- Stone
- Lot Description
- N/A
Listing & Financials
- Property Taxes
- $4,542 / Annually
- Days on Market
- 66
- MLS #
- 24192648
- MLS Status
- Under Contract - Continue to Show
Similar Properties
Homes with a close match in area, property type, and price.
This information is believed to be accurate, but without warranty.
The IDX display contains information sourced from SmartMLS, Inc. as of 9/23/2026. This information is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing or leasing. Data is deemed reliable but is not guaranteed accurate by the MLS, the listing broker, the listing agent, or Matt Caiola. Buyers and tenants should independently verify all information that matters to their decision.
Map locations may be approximate. Any offer of compensation, if applicable, is made only to participants of the MLS where the listing is filed. ©2026 Smart MLS, Inc. All rights reserved.
Data last updated on 9/23/2026 at 4:05 AM UTC.