Prime Value-Add 3-Family Investment Opportunity - Putnam, CT Unlock the potential of this three-family property in the heart of Putnam, CT-a perfect value-add opportunity for investors or owner-occupants looking to generate passive income. This asset features three units, each offering strong rental potential with room for cosmetic upgrades to maximize returns. Key Highlights: Two fully occupied units with below-market rents-opportunity for immediate upside Separate utilities for easy management and tenant responsibility Off-street parking and a large backyard for added tenant appeal Prime location near downtown Putnam, shopping, dining, and major highways Value-add potential through renovations and market rent increases With Putnam's growing rental demand, this property offers a rare chance to increase cash flow and build long-term equity. Don't miss this investment opportunity-schedule a showing today!
Under contract
$219,000
68-70 Smith St, Putnam, CT 06260
6beds
2,100sqft
Est.:
Multi Family
Built in 1867
-- sqft lot
$-- Zestimate®
$104/sqft
$-- HOA
What's special
Off-street parkingLarge backyard
- 53 days
- on Zillow |
- 58 |
- 1 |
Zillow last checked: 7 hours ago
Listing updated: March 26, 2025 at 09:40am
Listed by:
Marco Epifani,
eRealty Advisors, Inc.
Source: Smart MLS,MLS#: 24077805

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Heating
- Other
Cooling
- None
Appliances
- Included: Water Heater
Features
- Basement: Full
- Attic: None
- Has fireplace: No
Interior area
- Total structure area: 2,100
- Total interior livable area: 2,100 sqft
- Finished area above ground: 2,100
Property
Parking
- Parking features: None
Lot
- Size: 7,405.2 Square Feet
- Features: Level
Details
- Parcel number: 1711187
- Zoning: R-7
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Multi Family
Materials
- Asbestos
- Foundation: Masonry
- Roof: Shingle
Condition
- New construction: No
- Year built: 1867
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: Putnam
Financial & listing details
- Price per square foot: $104/sqft
- Tax assessed value: $140,400
- Annual tax amount: $4,653
- Date on market: 3/3/2025
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