365 Putnam Road, Wauregan, CT 06239
Local realty services provided by:CENTURY 21 AllPoints Realty
365 Putnam Road,Plainfield, CT 06239
$465,000
- 8 Beds
- 3 Baths
- 4,272 sq. ft.
- Multi-family
- Active
Listed by: kyle neumann(860) 370-3712
Office: houlihan lawrence
MLS#:24154093
Source:CT
Price summary
- Price:$465,000
- Price per sq. ft.:$108.85
About this home
Looking for easy, low maintenance and low overhead - this fully remastered, High-Yield Two-Family Investment located on the Danielson boarder...Renovated from roof down with only $4k in annual taxes; This investment offers exceptional scale, condition, and income potential. With a gross expected rent of $79k/year, our expected cap rate comes in at 13%. Each unit is configured as a massive four-story townhome, featuring 3 BR layouts that live and sleep like four, delivering flexible living space and strong rental appeal. The property also includes four garage bays, providing an additional income stream and enhancing overall yield. When fully leased across both residential units and all garage bays, the property demonstrates strong investment performance, with projected returns outlined in the attached pro forma. The pro forma details rental assumptions, garage income, and operating considerations for a clear view of the property's income potential. Just beyond the garage in the rear of the property includes an overgrown tennis court. Due to zoning, this Conveniently located within walking distance to a mini mart and package store, and minutes to Interstate 395, the property offers both accessibility and neighborhood convenience. A rare opportunity to acquire a turnkey, income-producing multi-family asset with multiple revenue streams, scale, and upside - Massive lot with 2.4 acres.
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Home facts
- Year built:1877
- Listing ID #:24154093
- Added:1 day(s) ago
- Updated:March 04, 2026 at 02:55 PM
Rooms and interior
- Bedrooms:8
- Total bathrooms:3
- Full bathrooms:3
- Rooms Total:20
- Basement Description:Full Basement, Unfinished
- Living area:4,272 sq. ft.
Heating and cooling
- Heating:Hot Air
Structure and exterior
- Roof:Asphalt Shingle
- Year built:1877
- Building area:4,272 sq. ft.
- Lot area:2.3 Acres
- Lot Features:Corner Lot
- Architectural Style:Units are Side-by-Side
- Construction Materials:Clapboard
- Exterior Features:Deck, Porch, Porch-Enclosed, Shed
Schools
- High school:Plainfield
- Middle school:Plainfield
- Elementary school:Moosup
Utilities
- Water:Public Water Connected
Finances and disclosures
- Price:$465,000
- Price per sq. ft.:$108.85
- Tax amount:$4,067 (July 2025-June 2026)
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