Closed

$390,000

705 Elm St, Groton, NY 13073

12beds

10,592sqft

Mixed Use

Built in 1989

5.87 Acres Lot

$401,600 Zestimate^®

$37/sqft

$2,911 Estimated rent

Home value

$401,600

$337,000 - $482,000

$2,911/mo

Zestimate^® history

Owner options

List your home for rent

$2,911/mo

Rent Zestimate^®

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$2,911/mo

Rent Zestimate^®

Refinance and save

$2,735/mo

Est. payment

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$2,735/mo

Est. payment

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What's special

Welcome to your next investment opportunity. Nestled on a sprawling ~6 acre lot, this property presents a wealth of possibilities for savvy investors and developers. Formerly utilized as a health center and later as a residence for children, this expansive property in the heart of Groton, NY offers a versatile canvas for transformation into residences, or even a development site for new homes. The property features two separate buildings, each boasting a substantial 5296 square feet of living space, including 8 rooms in each unit. These 2 identical structures offer ample room for customization and redevelopment to suit a variety of purposes. Surrounded by greenery and picturesque landscapes, the property offers a peaceful retreat making it an ideal setting for residences.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 12
Bathrooms: 8
Full bathrooms: 4
1/2 bathrooms: 4

Heating

Gas, Heat Pump, Other, Solar, See Remarks

Cooling

Heat Pump, Other, See Remarks, Central Air

Appliances

Included: Gas Water Heater, Solar Hot Water
Laundry: Accessible Utilities or Laundry

Features

Bedroom on Main Level
Flooring: Other, See Remarks
Basement: None
Has fireplace: No

Interior area

Total structure area: 10,592
Total interior livable area: 10,592 sqft

Property

Parking

Total spaces: 2
Parking features: Common, Concrete, Garage, Parking Available
Garage spaces: 2

Accessibility

Accessibility features: Accessible Full Bath, Accessible Bedroom, Low Cabinetry, Low Threshold Shower, No Stairs, Accessible Doors, Accessible Entrance, Accessible Hallway(s)

Features

Levels: One
Stories: 1
Exterior features: Private Yard, See Remarks

Lot

Size: 5.87 Acres
Dimensions: 195 x 734
Features: Other, See Remarks, Wooded

Details

Parcel number: 208.24.12
Special conditions: Standard

Construction

Type & style

Home type: SingleFamily
Property subtype: Mixed Use

Materials

Wood Siding
Roof: Pitched,Shingle

Condition

Resale,Fixer
Year built: 1989

Utilities & green energy

Sewer: Connected
Water: Connected, Public
Utilities for property: High Speed Internet Available, Sewer Connected, Water Connected

Community & neighborhood

Location

Region: Groton

Other

Other facts

Listing terms: Cash,Conventional

Price history

Date	Event	Price
3/12/2025	Sold	$390,000-6.9%$37/sqft
Source: NYSAMLSs #R1557598 Report a problem
10/1/2024	Contingent	$419,000$40/sqft
Source: NYSAMLSs #R1557598 Report a problem
8/8/2024	Listed for sale	$419,000$40/sqft
Source: ITMLS #R1557594 Report a problem