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
$ 499,995
Est. payment /mo
New
8-12 High Street Putnam, CT 06260
8 Beds
8 Baths
4,160 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 5 Family+
Listing Status Active
Purchase Type For Sale
Square Footage 4,160 sqft
Price per Sqft $120
MLS Listing ID 24093749
Style Units on different Floors
Bedrooms 8
Full Baths 8
Year Built 1900
Annual Tax Amount $5,458
Lot Size 0.520 Acres
Property Sub-Type 5 Family+
Property Description
"Exceptional Investment Opportunity in Putnum CT, 8-unit property featuring two separate buildings on a generously sized lot, offering both immediate income potential and exciting development prospects. Building 1 stands ready for immediate occupancy, featuring 4 vacant 1 bed units meticulously maintained and prepared for new tenants. while you explore options for the second building. Building 2, which experienced fire damage, will be demolished to the foundation by the current owner, new owner can rebuild a matching 4-unit building to restore the property to its original 8-unit configuration, or leverage the expansive lot size to develop a larger apartment complex, subject to local zoning regulations. Bring all offers
Location
State CT
County Windham
Zoning Miscellaneous Residential / Re
Rooms
Basement Full, Unfinished
Interior
Heating Hot Air
Cooling None
Exterior
Parking Features None
Waterfront Description Not Applicable
Roof Type Asphalt Shingle
Building
Lot Description On Cul-De-Sac
Foundation Masonry
Sewer Public Sewer Connected
Water Public Water Connected
Schools
Elementary Schools Putnam
High Schools Putnam
Listed by Karim Douich • William Raveis Real Estate