114 Grove Street Under Contract Save Request In-Person Tour Request Virtual Tour
Putnam,CT 06260
Key Details
Property Type Multi-Family
Sub Type 2 Family
Listing Status Under Contract
Purchase Type For Sale
Square Footage 4,014 sqft
Price per Sqft $130
MLS Listing ID 24058029
Style Units on different Floors,Units are Side-by-Side
Bedrooms 6
Full Baths 4
Year Built 1870
Annual Tax Amount $9,514
Lot Size 0.260 Acres
Property Description
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!
Location
State CT
County Windham
Zoning R-7
Rooms
Basement Full,Full With Hatchway
Interior
Heating Baseboard
Cooling Ceiling Fans
Exterior
Garage Detached Garage
Garage Spaces 3.0
Waterfront Description Not Applicable
Roof Type Asphalt Shingle
Building
Lot Description Corner Lot,Level Lot
Foundation Stone
Sewer Public Sewer Connected
Water Public Water Connected
Schools
Elementary Schools Per Board Of Ed
High Schools Per Board Of Ed