$524,000 ($130.54 per sqft)

Under Contract

Est. Mortgage $2,547/mo *

Quick Pre-Approval

114 Grove Street, Putnam, CT, 06260

114 Grove Street, Putnam, CT, 06260

16 rooms

6 beds

4 Full baths

1870

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

4,014 sqft

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! Floor plan is available in MLS.


Status:

Under Contract

Type:

Multi-family

Laundry Remarks:

All Units Have Hook-Ups

Units:

2

Zoning:

R-7

Garage:

3-car Detached Garage

Heating:

Baseboard

Cooling:

Ceiling Fans

Basement:

Full, Full With Hatchway

Acreage:

0.26

Est. Taxes:

$9,514

Assessment

$287,100

Lot Description:

Corner Lot,Level Lot

Elementary School:

Per Board of Ed

High School:

Per Board of Ed

Days on Market:

10

MLS #:

24058029


Community Info

School Info

Walk Score

Mass Transit

Yelp


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Listing courtesy of Jennie Kesselman, Berkshire Hathaway NE Prop. Email: jenniekesselman@bhhsne.com