70 Walnut St, Putnam, CT 06260

$325,000
5
BD
2
BA
1,998
SqFt

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List Price
$325,000
Status
ACTIVE
Days on Market
149
Price Change
▼ $25,000 1779205120
MLS#
24156729
Subtype
Multi-Family For Sale
Year Built
1900
Bedrooms
5
Bathrooms
2
Full Baths
2
Living Area
1,998
Lot Size
19,602
Acres
0.45
Neighborhood
N/A

Property Description

Charming Victorian 2-family set up high and framed by a classic stone wall, situated on a spacious .45-acre lot and fully occupied with strong cash flow from day one. Both tenants are in yearly leases, providing stability and consistent income, and each unit features separate utilities with individual boilers, with tenants paying their own heat and electric to help maximize returns. The first-floor unit offers 2 bedrooms, while the second-floor unit features 3 bedrooms, and both include washer and dryer hookups for added convenience. With plenty of paved parking, city water, city sewer, and natural gas, this property offers efficiency and ease of ownership. Located close to all the amenities Putnam has to offer - including shopping, dining, parks, and everyday conveniences - this is a versatile opportunity ideal for investors seeking immediate, reliable income or owner-occupants looking to live in one unit while benefiting from rental income in the other. Recent work done on the property is as follows: Main sewer line replaced, both water heaters replaced, electrical panel main breaker replaced, furnaces replaced, and general painting and cleaning.

Additional Information

Exterior Features
Breezeway, Deck, Covered Deck/Patio
Taxes
$5,288
Zoning
R-10
Heating
Hot Water
Air Conditioning
None
Foundation
Brick/Mortar, Stone
Parking Features
Paved, Off Street, Driveway
Elementary School
Putnam
High School
Putnam

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Calculator source: Real Geeks

Listing courtesy of Tyrone Murphy from REMAX Revolution. (401) 921-5011 (401) 921-5011

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