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203 School St, Putnam, CT 06260

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For Sale
Sale Pending

$219,999

5 beds • 3 baths • 1,887 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $116.59
    Price per square foot

  • Over 50 Years Old
    Age

  • Basement
    Rooms

Explore this Property

Investment Opportunity: 3-Family Home in Putnam, CT Discover a unique investment in Putnam, CT: a 3-family home currently generating $2,750/mo in rental income. With two 2-bedroom units and a cozy 1-bedroom unit, this property offers immediate cash flow and diverse tenant appeal. Although in need of repair, it presents a prime opportunity for value addition and increased returns. **Highlights:** - **Location:** Prime spot in vibrant Putnam. - **Income:** $2,750/mo from 3 units. - **Potential:** High renovation potential to boost value and appeal. - **Units:** Two 2-bedrooms and one 1-bedroom. - **Investment:** Perfect for both new and seasoned investors. Ideal for those looking to refurbish and capitalize on the growing demand in Putnam. This is more than just a property; it's a chance to shape and enhance a project with significant upside. Don't miss out on this investment ripe with potential for growth and profitability. Excellent opportunity for someone to do the BRRR Strategy, will not go through FHA or VA financing as is
MLS# 24007379

Courtesy Of eRealty Advisors, Inc

(203) 989-3635

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Basement
  • Architecture Style
    Other
  • Cooling System
    None
  • Exterior Type
    Vinyl Siding
  • Heating Fuel
    Electric, Natural Gas
  • Heating System
    Radiator
  • Lot Size
    0.1 Acres
  • Roof Type
    Asphalt
  • Rooms
    Basement, Bedroom, Full Bath
  • View Type
    City

Map and Directions

Directions to 203 School St, Putnam, CT 06260

Home seller CENTURY 21 AllPoints Realty

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 AllPoints Realty

(860) 675-0021
Learn More About Us

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Monthly Payment Breakdown

  • Principle and Interest
    $0
  • Property Taxes
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  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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