114 Grove Street

Putnam, Connecticut 06260

Status
Sale Pending
Square Feet
4,014
Beds
6
Price
$524,000
Type
Multi-Family For Sale
Garages
3
Baths
4
MLS
24058029

Price

$524,000

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Interior Details

Interior Size
4,014 Sq Ft
Bedrooms
6
Bathrooms
4
Rooms Total
Garage
3

Exterior Details

Lot Size
0.26 Acres
Roof
Asphalt Shingle
Sewer
Public Sewer Connected
Construction
Construction
Cooling
Ceiling Fans

Other Information

Property Tax
$9,514
Assessed Value
$287,100
Elementary School
Per Board of Ed
Middle School
NULL
High School
Per Board of Ed

About Property

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!
Listed by Berkshire Hathaway NE Prop., Jennie Kesselman. Data sourced from SmartMLS

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