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
December 18, 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 12/18/2024. 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 12/18/2024 at 5:39 PM UTC