REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 850,000
Est. payment /mo
New
34 Marshall Street Putnam, CT 06260
9 Beds
7 Baths
5,402 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 5,402 sqft
Price per Sqft $157
MLS Listing ID 24191809
Style Units on different Floors
Bedrooms 9
Full Baths 7
Year Built 1870
Annual Tax Amount $5,960
Lot Size 6,534 Sqft
Property Sub-Type Other
Property Description
Turnkey multifamily investment opportunity in the heart of Putnam, CT. This 7-unit building offers immediate cash flow with a strong unit mix and meaningful recent capital improvements. The property comprises five (5) one-bedroom/one-bath units and two (2) two-bedroom/one-bath units across 5,402 square feet on a 6,500 SF lot. All units have been updated and the building has seen significant reinvestment, including a new roof (2024) and a new rear deck and staircase (2024). All utilities are separately metered, with tenants responsible for their own heat, hot water, and electric. Shared laundry in the basement provides an additional amenity without utility burden to ownership, and each tenant enjoys dedicated basement storage. Current 8.6% cap rate with room to improve.
Location
State CT
County Windham
Zoning R-7
Rooms
Basement Full, Heated, Storage
Interior
Heating Baseboard
Cooling None
Exterior
Exterior Feature Porch
Parking Features Paved, Off Street Parking, Driveway
Pool In Ground Pool
Waterfront Description Not Applicable
Roof Type Asphalt Shingle
Building
Foundation Concrete
Sewer Public Sewer Connected
Water Public Water Connected
Schools
Elementary Schools Putnam
High Schools Putnam
Listed by Jonathan Minerick • Homecoin.com