365-367 Putnam Road, Plainfield, CT 06239
- Beds
- 8
- Baths
- 3
- Sqft
- 4,272
- Garage
- Yes
View property features, location on map, relevant school information and overview from seller's agent.
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Overview
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.
Location
Full feature list
Basic info
- Property type
- Multi-family
- Number of bedrooms
- 8
- Number of bathrooms
- 3
- Square feet
- 4,272
- Lot size (acres)
- 2.30
- Year built
- 1877
Interior features
- Basement
- Yes, Unfinished
Garage and parking
- Garage parking spaces
- 4
Utilities
- Heating
- Oil, Forced air
- Cooling
- None
- Sewer
- Septic tank
- Water
- Public
Taxes
- Tax Annual Amount
- $4,067
Public schools
Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.
Sourced from: Smart MLS MLS®#: 24154093 Last checked: …

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