10 days on market
Under Contract
More about this Property

If you are interested in more information or having a tour of this property with an experienced agent, please fill out this quick form and we will get back to you!


114 Grove Street, Putnam CT 06260

Current Price: $524,000

6 beds 4 baths 4014 sq. ft

Last Update: 11/21/2024

Property Type: Multi-Family For Sale

Public Remarks

Looking for a turn-key investment with income from day one? Here it is- Welcome to 114-116 Grove Street. This isnt just a property; its 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, theres untapped potential! The property features additional finished space with a full bathroom that isnt 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.

Map to Property at 114 Grove Street, Putnam CT 06260


gps friendly

Residential Property Information for 114 Grove Street, Putnam CT 06260

MLS #: 24058029

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

Color:

Total Rooms:

Bedrooms: 6

Bathrooms: 4

Acres: 0.26

Year Built: 1870 (Public Records)

New Construction: No/Resale

Home Warranty Offered:

Property Tax: $9,514

Zoning: R-7

Mil Rate:

Assessed Value: $287,100 

Potential Short Sale:

Square Footage: Estimated HEATED Sq.Ft. above grade is 4014; below grade sq feet total is ; total sq ft is 4014

Features
Laundry Location & Info: All Units Have Hook-Ups  Main floor
Fireplaces: 0
Attic: Access Via Hatch
Basement Desc.: Full,Full With Hatchway
Exterior Siding: Clapboard,Vinyl Siding
Foundation: Stone
Roof: Asphalt Shingle
Parking Spaces: 3
Garage/Parking Type: Detached Garage
Swimming Pool: 0
Waterfront Feat.: Not Applicable
Lot Description: Corner Lot,Level Lot
Occupied: Tenant
Utility Information

Hot Water System Electric,40 Gallon Tank

Heat Type: Baseboard

Fueled By: Oil.

Cooling: Ceiling Fans

Fuel Tank Location: In Basement

Water Service: Public Water Connected

Sewage System: Public Sewer Connected

School Information

Elementary: Per Board of Ed

Intermediate:

Middle:

High School: Per Board of Ed

Marketing History

Current List Price: $524,000

Original List Price: $524,000

DOM: 10

Listing Date: 11/5/2024

Last Updated: 11/16/2024 12:32:02 AM

Listing Agent and Broker

List Agent Name: Jennie Kesselman

List Office Name: Berkshire Hathaway NE Prop.