Putnam CT Multi Family for Sale

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Type:
Other
Sq.Ft.:
n/a
Status:
NEW LISTING
Beds:
6
Lot size:
0.26 Acres
Year built:
1870
Baths:
4.00
MLS#:
24058029
Subdivision:
N/A

ADDITIONAL INFORMATION

Looking for a turn-key investment with income from day one? Here it is- Welcome to 114-116 Grove Street. This isn't just a property; it's a curated investment! Perfectly situated in the heart of downtown Putnam, this property is on a highly desirable, tree-lined street just steps away from popular restaurants, boutiques, and all the amenities that make downtown living so attractive. With one unit fully renovated and both units rented, this well-maintained property is set up for immediate cash flow. The thoughtful tenant mix includes a long-term tenant who assists with exterior upkeep and another tenant eager to stay long-term, offering stability and ease of management. Plus, there's untapped potential! The property features additional finished space with a full bathroom that isn't currently in use. This flexible area provides flex space or could potentially become part of an expanded rental offering-unlocking even greater income potential. Seize this rare downtown Putnam gem and make 114-116 Grove Street the marquee asset in your portfolio!

Type:
Other
Sq.Ft.:
n/a
Status:
NEW LISTING
Beds:
7
Lot size:
0.22 Acres
Year built:
1867
Baths:
3.00
MLS#:
73305065

ADDITIONAL INFORMATION

Welcome to this well-maintained 3-family home, situated in the heart of scenic Putnam. This property offers a fantastic investment opportunity or the chance to live comfortably while generating rental income. On the left side, this spacious 4-bed, 2-bath unit features a convenient layout with both upper and lower levels. Enjoy generous closet space and stunning southern yellow pine flooring throughout. The right side features 2 up-down units. The upper level offers a cozy 2-bedroom, 1-bathroom unit, and a charming 1-bed, 1-bath unit on the lower level. New roof, freshly replaced vinyl siding, updated columns and deck rails (all in 2023), enhanced insulation and new windows all done in 2023. Water service line replaced (2020). All units feature oil heat, with public water and sewer services for convenience. Nestled in a picturesque neighborhood, this property is close to local amenities, parks, and schools, making it an ideal location for residents and tenants alike. Don't miss out!

Type:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
4
Lot size:
0.12 Acres
Year built:
1872
Baths:
2.00
MLS#:
24056659
Subdivision:
N/A

ADDITIONAL INFORMATION

Two family with extreme potential after a rehab. Similar home listed in the neighborhood at over $300,000, as close as next door. Accepting "as is" cash offers. Highest and best to be submitted by Sunday November 3rd by 6PM.

Type:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
7
Lot size:
0.22 Acres
Year built:
1867
Baths:
4.00
MLS#:
24055101
Subdivision:
Special Service District

ADDITIONAL INFORMATION

Welcome to this well-maintained 3-family home, perfectly situated in the heart of scenic Putnam. This property offers a fantastic investment opportunity or the chance to live comfortably while generating rental income. On the left side, this spacious 4-bedroom, 2-bathroom unit features a convenient layout with both upper and lower levels. Enjoy beautiful HIGH ceilings, generous closet and storage space and stunning southern yellow pine flooring throughout, creating a warm and inviting atmosphere. Lower level laundry. One bedroom downstairs, and 3 (potentially 4) bedrooms upstairs. The right side features 2 up-down units. The upper level offers a cozy 2-bedroom, 1-bathroom unit, and a charming 1-bedroom, 1-bathroom unit on the lower level. This property boasts numerous upgrades for peace of mind: New roof (2023), Freshly replaced vinyl siding (2023), Updated columns and deck rails (2023), Enhanced insulation and new windows for energy efficiency (2023). Water service line replaced (2020). All units feature oil heat, with public water and sewer services for convenience. Nestled in a picturesque neighborhood, this property is close to local amenities, parks, and schools, making it an ideal location for residents and tenants alike. Don't miss out on this incredible opportunity to own a versatile multi-family home in beautiful Putnam!

Type:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
7
Lot size:
0.15 Acres
Year built:
1887
Baths:
3.00
MLS#:
24026669
Subdivision:
N/A

ADDITIONAL INFORMATION

2 Family with an "in Law" home! Come see this potential CASH COW!! House has new furnaces and Hot water heaters.. 3 Total Units, please see attached documents.. 2 Family with 3bds 1bth x2 1 Family with 2 bed 1 bath x1 More Photos to come..

Type:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
6
Lot size:
0.66 Acres
Year built:
1890
Baths:
2.00
MLS#:
24015716
Subdivision:
N/A

ADDITIONAL INFORMATION

This bank-owned duplex in Putnam offers a fantastic opportunity for investors and those seeking a multi-unit property. With two spacious three-bedroom, one-bathroom units, a full basement, porches, and ample parking, this fixer-upper presents a blank canvas for your renovation vision. Putnam, a charming town nestled in the Quiet Corner of Connecticut, offers a peaceful and inviting atmosphere. Explore the historic Putnam Museum, enjoy outdoor activities at Putnam Pond or the Putnam State Forest, or indulge in the local dining scene. With its proximity to other Connecticut towns, Putnam provides a convenient location for commuting and exploring the region. Seize the potential. This duplex presents an excellent opportunity to create rental income or comfortable living space. Renovate the units to your desired standards, capitalize on the growing rental market in the area, or live in one unit while renting out the other for added income. The full basement offers additional space for potential development, subject to permits and feasibility. ** All potential Buyers are requested to check with the City, County, Zoning, Tax, Schools, Association, and other records to determine all details on this property listed above to their satisfaction. The Buyer is responsible for performing their due diligence before bidding, as the high bidder will receive an "AS-IS" CASH ONLY contract with no contingencies, inspections, or warranties.**NO VIEWINGS OF THIS PROPERTY DUE TO CONDITION**

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Davis E. Owen, Sr., License REB.0754414, Xome CT LLC, License REB.0790146 , [email protected], 844-400-XOME (9663), 2083 Main Street, Stratford, CT 06615


The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2021 SmartMLS, Inc.
Andrea Conner, License 1000188, Xome Inc., License 9622, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Ste 100, Lewisville, TX 75067


The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein. Copyright © 2024 MLS Property Information Network, Inc. All rights reserved.



Putnam Real Estate

The median home value in Putnam, CT is $262,200. This is lower than the county median home value of $296,200. The national median home value is $338,100. The average price of homes sold in Putnam, CT is $262,200. Approximately 55.92% of Putnam homes are owned, compared to 35.76% rented, while 8.32% are vacant. Putnam real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Putnam real estate agent to arrange a tour today!

Putnam, Connecticut 06260 has a population of 9,250. Putnam 06260 is more family-centric than the surrounding county with 29.72% of the households containing married families with children. The county average for households married with children is 25.48%.

The median household income in Putnam, Connecticut 06260 is $67,070. The median household income for the surrounding county is $71,418 compared to the national median of $69,021. The median age of people living in Putnam 06260 is 44.3 years.

Putnam Weather

The average high temperature in July is 80.5 degrees, with an average low temperature in January of 14.9 degrees. The average rainfall is approximately 50.3 inches per year, with 45 inches of snow per year.

Putnam Real Estate Market Conditions

  • Median sales price

    N/A
  • # Active listings

    33
    30-day change

Putnam Schools and Demographics

Education near Putnam, CT

Metric City County
High School Graduates 86.39 89.43
College Degree - 2 year 10.32 9.87
College Degree - 4 year 21.84 24.41
Graduate Degree 9.42 8.53
Expenditures per Student 24,734 24,734
Students per Teacher 12.4 12.4

Elementary Schools near Putnam, CT

School Grades Students P/T Ratio ZIP
Goodyear Early Childhood Center PK - PK 111 13.9 06263
Killingly Central School KG - 04 383 11.8 06241
Mary R. Fisher Elementary School PK - 04 415 13.2 06255
Pomfret Community School PK - 08 408 11 06259
Putnam Elementary School PK - 05 668 14.1 06260

Middle Schools near Putnam, CT

School Grades Students P/T Ratio ZIP
Killingly Intermediate School 05 - 08 715 12.9 06241
Putnam Middle School 06 - 08 295 13 06260
Thompson Middle School 05 - 08 337 12.6 06255

High Schools near Putnam, CT

School Grades Students P/T Ratio ZIP
Killingly High School 09 - 12 792 12.2 06241
Putnam High School 09 - 12 273 9.6 06260
Tourtellotte Memorial High School 09 - 12 251 9.5 06255

Ungraded Schools near Putnam, CT

School Grades Students P/T Ratio ZIP
* Helping Hands 12 - 12 4 4 06260

Demographics near Putnam, CT 06260

Metric Zip Code City
Neighborhood Type Small town
Population 9,250 116,503
Population Density 456 227
Median Age 44.3 41.2
People per Household 2.4 2.5
Median Household Income 67,070 71,418
Average Income per Capita 32,118 35,032