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240 Mitchell Street

Groton, CT 06340
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Bed 4

Bed

Bath 2

Bath

SqFt1,546

Sqft

Acres0.59

Acre(Lot)

Great Investor Opportunity! This property offers an excellent opportunity for an investor, contractor, or buyer looking to create a home tailored to their own vision. The house has been completely emptied and gutted down to the studs, providing a blank canvas for a full renovation, whether your goal is to create a personal residence or complete a profitable flip. The property currently offers 4 bedrooms, 1.5 bathrooms, and over 1,500 square feet of living space. With the major interior demolition already completed, the next owner can bring their plans and finishes to transform this property into a beautiful home. Conveniently located just minutes from Electric Boat, I-95, shopping, dining, and everyday amenities, this property offers both renovation potential and a desirable location. Cash or renovation loans only. Bring your vision and take advantage of this opportunity to create significant value!

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Detail Ic Property Details

Property Type : Residential

Price : $240,000

AD Id : 91161591

MLS Id : 24206082

Beds : 4

Lot Size : 0.59 Acre

Living Area Size : 1,546 Sq. Ft

Tax Amount : $4,735

Year Built : 1885

County : New London

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Feature Features

  • Bedroom Information

    Total beds: 4

    Bathroom Information

    Total Baths: 2 Full Baths: 1 Half Baths: 1

    Room Information

    Rooms Total: 7 Has Basement: Yes Basement: Full
  • Roofing Information

    Asphalt
  • Interior Features

    Roof: Asphalt
  • Heating & Cooling

    Has Heating: Yes Heating: Oil, Hot Water Cooling: None

  • Building Information

    Year Built: 1885 Building Area Total: 1546 Construction Materials: Vinyl Siding, Frame Private Pool: No

  • Lot Information

    Lot Size Acres: 0.59 Lot Description: Level

  • Listing Price Information

    Listing Price: $240000

  • Tax Information

    Parcel Number: 1950729 Annual Tax: $4735

  • School Information

    Elementary School: Per Board of Ed
    Junior High School:
    Senior High School: Per Board of Ed
  • Location Information

    Direction: Use GPS WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
11 Pearl Street, Groton, CT, 06340 $799,900 3 2 2,260 0.13 Acre
662 Groton Long Point R.., Groton, CT, 06340 $450,000 4 1 1,436 0.25 Acre
108 Atlantic Avenue, Groton, CT, 06340 $1,750,000 3 3 1,476 0.55 Acre
38 Groton Long Point Road, Groton, CT, 06340 $865,000 4 4 2,729 1.02 Acres
152 New London Road, Groton, CT, 06340 $774,900 4 5 3,226 1.06 Acres
62 Fort Hill Road #LOT 3, Groton, CT, 06340 $110,000 1 1 644 --
1043 Poquonnock Road, Groton, CT, 06340 $1,200,000 5 2 2,849 0.39 Acre
301 Buddington Road #LO.., Groton, CT, 06340 $162,500 2 1 720 --
301 Buddington Road #LO.., Groton, CT, 06340 $120,000 2 2 924 --
174 D Street, Groton, CT, 06340 $84,900 2 1 714 --

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

ByOwner last updated this listing 09/15/2026 @ 09:43

MLS: 24206082 LISTED BY: Christopher Torrez, RE/MAX One SOURCE: SmartMLS

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