46 Grove St, Putnam, CT 06260

$439,995
7
BD
4
BA
2,604
SqFt

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List Price
$439,995
Status
ACTIVE UNDER CONTRACT
MLS#
24170152
Year Built
1860
Bedrooms
7
Bathrooms
4
Acres
0.25
Living Area
2,604

Property Description

Don't miss this exceptional investment opportunity in the heart of Putnam! This character-rich multi-family property, built in 1860 and offering over 2,600 square feet of living space, is perfectly positioned to deliver strong cash flow from day one. Set on a generous quarter-acre lot, this income-producing gem offers the ideal combination of historic New England charm and modern rental demand. With Putnam's rental market thriving and this location just minutes from Route 395, tenants enjoy an easy commute to Worcester and Providence - keeping vacancy low and demand high. Downtown Putnam's growing dining and entertainment scene, including local favorites like 85 Main and the Courthouse Bar & Grille, adds to the neighborhood's appeal for quality, long-term renters. Whether you're a seasoned investor looking to expand your portfolio or a first-time buyer seeking an owner-occupied income property, 46 Grove St checks all the boxes. Properties like this - with strong bones, a proven rental history, and a prime northeast Connecticut location - are increasingly hard to find at this price point. Schedule your showing today and start building equity tomorrow.

Additional Information

Taxes
$5,536
Lot Size
10,890
Heating
Hot Air
Cooling System Type
None
Water Source
Public
Basement
Full, Full
Elementary School
Per Board of Ed
High School
Per Board of Ed

Mortgage Calculator

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Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Marco Epifani from The Hive Real Estate LLC. (860) 786-2854 (860) 786-2854

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