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  • $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

    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

    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#: 24007379MLS Logo

    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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