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114 Grove

Putnam, CT 06260

6 beds
4 baths
4,014 sqft
11,326 sqft lot
$130 per sqft
1870 build
– on site

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!

Listing courtesy of SMART_MLS / Jennie Kesselman / Berkshire Hathaway NE Prop.

Last checked: Checking… • Last updated Nov 5, 2024 •

MLS# 24058029 —

The Building

Year Built:

1870
Year Built Source:

Public Records
New Construction Type:

No/Resale
Style:

Units on different Floors, Units are Side-by-Side
Roof Information:

Asphalt Shingle
Attic:

Yes
Attic Description:

Access Via Hatch
Exterior Siding:

Clapboard, Vinyl Siding
Foundation Type:

Stone
Basement Description:

Full, Full With Hatchway
SqFt Total:

4014
SqFt Est Heated Above Grade:

4014

Interior

Laundry Room:

All Units Have Hook-Ups
Laundry Room Location:

Main floor

Location

Directions:

gps friendly
Neighborhood:

N/A

The Property

Parcel Number:

1712332
Property Type:

Multi-Family For Sale
Property Subtype:

2 Family
Zoning:

R-7
Acres:

0.26
Acres Source:

Public Records
Lot Description:

Corner Lot, Level Lot

Listing Agent

Contact info:

Taxes

Tax Year:

July 2024-June 2025
Property Taxes:

9514

Beds

Beds Total:

6

Baths

Total Baths:

4
Full Baths:

4

The Listing

Virtual Showing:

No
Home Warranty Offered:

No

Heating & Cooling

Heat Type:

Baseboard
Heat Fuel Type:

Oil
Cooling System:

Ceiling Fans

Utilities

Water Source:

Public Water Connected
Sewage System:

Public Sewer Connected

Schools

Elementary School:

Per Board of Ed
High School:

Per Board of Ed

The Community

Swimming Pool:

No
Direct Waterfront:

No
Waterfront Description:

Not Applicable

Parking

Garage/Parking:

Detached Garage
Garages Number:

3

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Sale history

Date	Event	Source	Price	% Change
11/5/24 Nov 5, 2024	Listed / Active	SMART_MLS	$524,000	23.3%
2/27/24 Feb 27, 2024		SMART_MLS	$425,000	6.5%
1/12/24 Jan 12, 2024		SMART_MLS	$399,000

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This multifamily located in Putnam, CT 06260 is currently for sale for $524,000. 114 Grove is a 4,014 square foot multifamily with 6 beds and 4 baths that has been on Estately for 0 days. This multifamily is in the attendance area of Putnam Middle School, Putnam Elementary School, and Putnam High School.

Listing Courtesy of: SMART_MLS and Berkshire Hathaway NE Prop..

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