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
Sold
$220,000
203 School St, Putnam, CT 06260
5beds
1,887sqft
Multi Family
Built in 1900
-- sqft lot
$235,300 Zestimate®
$117/sqft
$-- HOA
What's special
Zillow last checked: 7 hours ago
Listing updated: April 18, 2025 at 08:43am
Listed by:
Marco Epifani,
eRealty Advisors, Inc.
Bought with:
Michael Zompa, RES.0809425
RE/MAX Preferred
Source: Smart MLS,MLS#: 24007379

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Gas on Gas, Forced Air, Radiator, Electric, Gas In Street
Cooling
- None
Appliances
- Included: Electric Water Heater, Water Heater
Features
- Basement: Partial
- Attic: None
Interior area
- Total structure area: 1,887
- Total interior livable area: 1,887 sqft
- Finished area above ground: 1,887
Property
Parking
- Total spaces: 3
- Parking features: None, Paved
Features
- Has view: Yes
- View description: City
Lot
- Size: 4,356 sqft
- Features: Corner Lot, Sloped, Historic District
Details
- Parcel number: 1711495
- Zoning: R7
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding
- Foundation: Brick/Mortar, Concrete Perimeter
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Putnam
Services availability

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