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! Floor plan is available in MLS.
Sold
$490,000
114 Grove St, Putnam, CT 06260
6beds
4,014sqft
Multi Family
Built in 1870
-- sqft lot
$499,800 Zestimate®
$122/sqft
$-- HOA
What's special
Zillow last checked: 7 hours ago
Listing updated: December 31, 2024 at 11:42am
Listed by:
Marquee Team of Berkshire Hathaway Home Services New England Properties,
Berkshire Hathaway NE Prop.,
Listing Agent: Jennie Kesselman
Bought with:
Ronald C. Dimaline, RES.0813093
HomeSmart Professionals Real Estate
Source: Smart MLS,MLS#: 24058029

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Baseboard, Oil
Cooling
- Ceiling Fan(s)
Appliances
- Included: Electric Water Heater, Water Heater
- Laundry: In Unit
Features
- Basement: Full
- Attic: Access Via Hatch
- Has fireplace: No
Interior area
- Total structure area: 4,014
- Total interior livable area: 4,014 sqft
- Finished area above ground: 4,014
Property
Parking
- Total spaces: 3
- Parking features: Detached
- Garage spaces: 3
Lot
- Size: 0.26 Acres
- Features: Corner Lot, Level
Details
- Parcel number: 1712332
- Zoning: R-7
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Units on different Floors,Units are Side-by-Side
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Clapboard, Vinyl Siding
- Foundation: Stone
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1870
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Putnam
Services availability

Get pre-qualified for a loan
At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.An equal housing lender. NMLS #10287.