Pending

Under Contract

114 Grove Street

Putnam CT, 06260

$524,000


$130.54 per sqft

Pending

Under Contract

6 Beds

4 Baths

4,014 sqft

Multi-family

Built in 1870

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!

24058029

MLS ID

November 5, 2024

Listed

November 22, 2024

Updated

Map

114 Grove Street
Putnam CT, 06260

Interior Features

Bedrooms

6


Total Bathrooms

4


Full Bathrooms

4


Appliances

Electric Water Heater


Laundry Description

Main Level


Fireplace

No


Cooling

Yes


Cooling Description

Ceiling Fan(s)


Heating

Yes


Heating Description

Oil, Baseboard

Exterior/Building Features

Lot Size

0.26 Acres


Lot Features

Corner Lot, Level


Architectual Style

Units on different Floors, Units are Side-by-Side


Roof

Asphalt


Sewer

Public Sewer

School Information

High School

Per Board of Ed


Elementary School

Per Board of Ed

Other Property Details

Area Name

N/A


Taxes

$9,514


Tax Frequency

Annually


Days on Market

10


Garage

Yes


Garage Spaces

3


Parking Total

3


View

No


County

Windham


Water Source

Public


Pool

No


Zoning

R-7

Listing History

Date

Event

Price

11/16/2024

Pending

Listed by Jennie Kesselman with Berkshire Hathaway NE Prop.

Listing Contact: 8605763696 

The IDX display contains information sourced from the  Smart MLS, Inc as of 11/22/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated on 11/22/2024 at 6:25 AM UTC

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