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!
Est. $2,385 per month, based on comparable rentals
Sale and tax history for 240 Mitchell St
Sale History
Tax History
Date
Event
Price
Smart MLS #24206082
Sep 30, 2026
Sold
$240,000
$155/sq ft
Sep 18, 2026
Pending
—
Sep 10, 2026
Listed
$240,000
$155/sq ft
Year
Property tax
Land + Additions
Assessment*
2022
$4,087 (+11.6%)
$52,150 + $111,650
$163,800
2021
$3,661 (+3.0%)
$34,790 + $86,100
$120,890
2020
$3,555 (+3.3%)
$34,790 + $86,100
$120,890
2019
$3,442 (−1.0%)
$34,790 + $86,100
$120,890
2018
$3,476 (−0.3%)
$34,790 + $86,100
$120,890
2017
$3,488 (−0.1%)
$34,790 + $86,100
$120,890
2016
$3,493 (+8.9%)
$42,350 + $86,240
$128,590
2014
$3,209 (−1.4%)
$42,350 + $86,240
$128,590
2011
$3,255
$42,350 + $86,240
$128,590
Public record
Beds
4
Baths
1.5
Stories
2
Lot width
—
Lot depth
—
Lot size
0.59 Acres
Year renovated
—
Sq. Ft.
1,546
Year built
1885
Style
Single Family Residential
County
New London County
APN
1950729
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 14, 2023.
Property details
Interior
Interior Information
Total Rooms: 7
Bathroom Information
# of Baths (Full): 1
# of Baths (Half): 1
Bedroom Information
Beds Total: 4
Room Information
Basement Description: Full, Full With Hatchway
Exterior
Exterior Features
Roof Information: Asphalt Shingle
Exterior Siding: Vinyl Siding
Lot Information
Lot Description: Level Lot, Open Lot
Building Information
Foundation Type: Stone
Construction Description: Frame
Property Information
Property Type: Single Family For Sale
Living Area SQFT Per Public Record: 1546
Financial
Assessments Information
Assessed Value: $163,800
Utilities
Utility Information
Water Source: Public Water Connected
Sewage System: Public Sewer Connected
Hot Water Description: Domestic
Heat Type: Hot Water
Heat Fuel Type: Oil
Fuel Tank Location: In Basement
Location
School Information
High School: Per Board of Ed
Elementary School: Per Board of Ed
Location Information
State: Connecticut
Directions: Use GPS
County: New London
Public facts
Beds: 4
Baths: 1.5
Sq. Ft.: 1,546
Stories: 2.0
Lot Size: 0.59 acres
Style: Single Family Residential
Year Built: 1885
Year Renovated: —
County: New London County
APN: 1950729
Home facts updated by county records on Jul 13, 2023
Other
Documents & Disclosures
Supplement Count Public: 2
Around this home
Schools
Thames River Magnet School
Public PreK-5 • Assigned • 1.0mi
6/10
Groton Middle School
Public 6-8 • Assigned • 3.4mi
5/10
Fitch Senior High School
Public 9-12 • Assigned • 3.3mi
7/10
Provided by GreatSchools
Historical weather
Groton, CT • 06340
Average low and high temperatures (°F)
36
23
38
23
49
33
57
42
66
51
77
61
81
66
78
61
73
57
62
47
54
38
41
27
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
94/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 15% for direct sun exposure in Groton. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.4 hrs
5.9 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$262,000 – $317,000
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