240 Mitchell Street
Groton, CT 06340
$240,000
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!
| Listing Id: | 24206082 |
|---|---|
| List Price: | $240,000 |
| Close Price: | $240,000 |
| Close Date: | 2026-09-30 |
| Property Type: | Single Family |
| Status: | Closed |
| Bank Owned Property: | No |
| Beds Total: | 4 |
| Baths Full: | 1 |
| Baths Half: | 1 |
| Living Area Sqft Per Public Record: | 1,546 |
| Property Tax: | $4,735 |
| Acres: | 0.59 |
| Style: | Colonial |
| Direct Waterfront Yn: | No |
| City: | Groton |
| County: | New London |
| Postal Code: | 06340 |
| Year Built: | 1885 |
| Acres Source: | Public Records |
| Agent Owner Yn: | No |
| Appliances Included: | None |
| Assessed Value: | $163,800 |
| Attic Yn: | No |
| Basement Description: | Yes |
| Basement Description: | Full,Full With Hatchway |
| Baths Total: | 2 |
| Comp Only Manual Yn: | No |
| Cooling System: | None |
| Current Price: | $240,000.00 |
| Directions: | Use GPS |
| Display Fair Market Value Yn: | Yes |
| Elementary School: | Per Board of Ed |
| Exterior Siding: | Vinyl Siding |
| Foundation Type: | Stone |
| Fuel Tank Location: | In Basement |
| Heat Fuel Type: | Oil |
| Heat Type: | Hot Water |
| High School: | Per Board of Ed |
| Home Owner's Assocation: | No |
| Home Warranty Offered Yn: | No |
| Hot Water Description: | Domestic |
| Listing Contract Date: | 2026-09-10 |
| Lot Description: | Level Lot, Open Lot |
| Mil Rate Total: | $28.91 |
| Status: | Closed |
| New Construction Type: | No/Resale |
| Occupied By: | Vacant |
| Original List Price: | $240,000 |
| Parcel Number: | 1950729 |
| Pending Date: | 2026-09-18 |
| Possession Availability: | Asap |
| Potential Short Sale: | No |
| Preferred Phone: | (401) 952-8432 |
| Price: | $240,000 |
| Roof Information: | Asphalt Shingle |
| Sewage System: | Public Sewer Connected |
| Sign Yn: | No |
| Sq Ft Est Heated Above Grade: | 1,546 |
| Sq Ft Total: | 1,546 |
| Swimming Pool Yn: | No |
| Tax Year: | July 2025-June 2026 |
| Total Rooms: | 7 |
| Under Agreement Yn: | No |
| Waterfront Description: | Not Applicable |
| Water Source: | Public Water Connected |
| Year Built Source: | Public Records |
| Zoning: | R51 |
Listing Courtesy of: RE/MAX One
Listing Agent: Christopher Torrez
(401) 952-8432
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Smart MLS Inc. data last updated on October 08, 2026 06:45 PM - ET
Property Last Updated: October 08, 2026 06:45 PM - ET
