• Asking Price See Price
  • Estimated Value: $323,108
  • HOT BUDDINGTON GROTON, CT 06340

  • 4 Beds 2 Baths 2,314 SqFt
  • Single Family Home / REO Foreclosure

Property Details for BUDDINGTON St, GROTON, CT 06340

Features

Facts

Foreclosure Info

Pre-Foreclosure Info

Description

This is an REO, meaning this property has been foreclosed on because the owner couldn't meet their payments. The bank now owns this property. Most banks are not set up to own homes, and are often motivated to sell you the home at a discounted price.

Handyman special! Property needs some fixing, updating and TLC but has great potential! Property can be used for a single-family home, converted into a multi-family home with town zoning approval, or even an owner occupied home with option to rent lower level and generate income to put towards your own mortgage! Property has six bedrooms in all with two bedrooms on each floor and a full bath on the main and lower level. Lower level has a separate entrance, mud room/breezeway, additional storage area (that can easily be used as a den or office) and kitchenette area making it perfect for an in-law suite or separate apartment. Lower level also has it's own paved patio area with views of the backyard. Upper level has access to side porch through the kitchen and a second paved patio area off of the living room. Front of home has a closed in porch that makes for a perfect mudroom as it provides access from the driveway into home. Property is located directly across from the Groton Reservoir which has great trails and a dog park at The Copp Family Park. It is also right around the corner from downtown Groton, shopping, schools, Electric Boat, The Sub Base and easy access to I95.

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