Pending

12 Bank Street

Groton, CT 06355

$699,000 $2,947/Mo

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Overview

Bed

Bath

1,995

Sqft

0.19

Acre(Lot)

Description

Located just one block from the heart of downtown Mystic, 12 Bank Street offers a rare opportunity to own a versatile property in one of the Connecticut shoreline's most iconic destinations. Set within walking distance to the waterfront, shops, restaurants, and Mystic Seaport, the location alone sets this property apart. Configured as a legal two-family but currently utilized as a three-unit income-producing property, the layout offers flexibility for investors and end users alike. The main level features the largest living space, highlighted by vaulted ceilings, abundant natural light, and access to a spacious deck overlooking downtown Mystic. A partially finished basement below has previously served as office space, adding further utility. The upper level functions as an additional uni t with its own kitchenette, while a separate guest cottage provides a studio-style living space complete with full kitchen and full bath-ideal for extended stays, rental income, or private guest accommodations. In total, the property offers three bedrooms, three full baths, multiple outdoor decks, and a yard space-all designed to take full advantage of the surrounding views and vibrant setting. Whether maintained as a high-demand investment property or converted back into a stunning single-family retreat, this is a unique opportunity in a truly magical location-steps to everything that makes Mystic one of the most desirable coastal towns in Connecticut.

Property Details

Property Type : Residential Income

Price : $699,000

AD Id : 77912852

MLS Id : 24171014

Beds : 3

Lot Size : 0.19 Acre

Living Area Size : 1,995

Year Built : 1890

County : New London

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total beds: 3

Bathroom Information

Total Baths: 3 Full Baths: 3

Room Information

Rooms Total: 10 Has Basement: Yes Basement: Full, Partially Finished, Walk-Out Access, Storage Space
Roofing Information

Asphalt
Interior Features

Roof: Asphalt Laundry Features: In Basement
Heating & Cooling

Has Heating: Yes Heating: Electric, Oil, Baseboard Has Cooling: Yes Cooling: Central Air

Building Information

Year Built: 1890 Building Area Total: 1995 Construction Materials: Frame, Clapboard Patio And Porch Features: Deck, Porch Private Pool: No

Lot Information

Lot Size Acres: 0.19 Lot Description: Level

Listing Price Information

Listing Price: $699000

Tax Information

Parcel Number: 1960791 Annual Tax: $9723

School Information

Elementary School: Per Board of Ed

Junior High School: Per Board of Ed

Senior High School: Fitch Senior
Location Information

Direction: W Main St to Bank St, #12 on right. WaterSource: Public

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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 07/18/2026 @ 06:26

MLS: 24171014 LISTED BY: Kyle Neumann, Houlihan Lawrence SOURCE: SmartMLS