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Property Description

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!

Overview

Property Status
Sold
Lot Size
0.26 Acres
MLS ID
24058029
Property Type
Multi-Family
Year Built
1870

Features & Amenities

Total Area
4,014 Sq.Ft.
Neighborhood
Windham County
Architecture Styles
Units on different Floors, Units are Side-by-Side
Garage Spaces
3.0
Water Source
Public
Roof
Asphalt
Lot Features
Corner Lot, Level
Heat Type
Oil, Baseboard
Air Conditioning
Ceiling Fan(s)
Laundry Room
Main Level
Appliances
Electric Water Heater
Sewer
Public Sewer
Substructure
Stone
Elementary School
Per Board of Ed
High School
Per Board of Ed
Sales Price
$490,000
Real Estate Tax
$9,514/yr
Zoning
R-7

Downloads

114 Grove Street

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I would love to help you see this beautiful home! As a full-service brokerage, I can help you tour. Please submit an offer, and answer questions about the buying process.

Thank you

for your interest in 114 Grove Street, Putnam, CT 06260

114 Grove Street
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  • CallJennie Kesselman

    License #RES.0048655

    (860) 576-3696
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