365 Putnam Road

Plainfield, CT 06239 Directions
$465,000
  • 8Bed
  • 3Baths
  • 4,272Sqft
  • 2.3Acres
  • 1877Built
  • MoosupElementary

Property Highlights

  • Jr. High School: Plainfield
  • High School: Plainfield
  • Price/Sqft: $109
  • Days on Market: 6
  • MLS: 24154093

Property Highlights

  • Jr. High School: Plainfield
  • High School: Plainfield
  • Price/Sqft: $109
  • Days on Market: 6
  • MLS: 24154093

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...

Property Highlights

  • Jr. High School: Plainfield
  • High School: Plainfield
  • Price/Sqft: $109
  • Days on Market: 6
  • MLS: 24154093

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.

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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  • Additional Information
    • Attic Description: Finished, Walk-up
    • Average Days On Market: 1
    • Basement Description: Full, Unfinished
    • Days On Market: 6
    • Elementary School: Moosup
    • Garage: Detached Garage
    • Garage Count: 4
    • High School: Plainfield
    • Is Occupied?: Vacant
    • Junior High School: Plainfield
    • Living Area SqFt: 4,272
    • Property Tax: $4,067
    • Sewer: Septic
    • Status: Active
    • Style: Units are Side-by-Side
    • Subtype: 2 Family
    • Tax Amount: $4,067
    • Tax Year: July 2025-June 2026
    • Type: Multi-Family For Sale
    • Unit Count: 2
    • Year Built: 1877
    • Year Built Details: Public Records
    • Zoning: RA19
  • Interior/Exterior Features
    • Attic: Yes
    • Beds: 8
    • Exterior Features: Porch-Enclosed,Shed,Porch,Deck
    • Exterior Siding: Clapboard
    • Full Baths: 3
    • Furnace Type: Oil
    • Heat: Oil
    • Heat Fuel: Oil
    • Hot Water: Domestic
    • Roof: Asphalt Shingle
    • Rooms: 20
    • Total Baths: 3

Listing Courtesy of Kyle Neumann of Houlihan Lawrence.

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