HomesCondosMultisRentalsCommercialLand
203 School St, Putnam, CT 06260
   
203 School St, Putnam, CT 06260
3 Units   |   5 Beds   |   3 Baths   |   1887 Sqft

$220,000
10 Days on Market
SOLD

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

Real Estate Agent Referral Service
Find the Best Realtor in Putnam, CT. Click Here



Details
  • 0.10 Acres
  • Built in 1900

Additional Details

    Location
    • Corner Lot, City Views, Sloping Lot, Historic Distric

    Utilities
    • Hot Air, Radiator
    • Electric
    • Public Water
    • Electric Hot Water
    • Public Sewers

    Taxes
    • $100,300 Assessment
    • 22.29 Mill Rate
    • $3,189 Taxes

    Schools
    • Per Board of Ed Elementary
    • Putnam High

    Source
    • CT Smart MLS
    • MLS ID 24007379

    Real Estate Agent


    Map of 203 School St, Putnam, CT 06260

    Directions to 203 School St, Putnam, CT 06260


    Mortgage Calculator
    Loan Type: 30yr Fixed   |   Interest Rate: 3.50%   |   Purchase: $220,000   |   Downpayment @ 3.50%: $7,700

    Mortgage Payment Estimate
    for a 30yr Fixed Rate Loan

    Monthly
    $1,219


    Monthly Cost Estimate: $1,219
    • Mortgage: $953
    • Taxes: $266
    • Insurance: $0
    • HOA: $0
    • Utilities: $0

    Yearly Cost Estimate: $14,629
    • Mortgage: $11,440
    • Taxes: $3,189
    • Insurance: $0
    • HOA: $0
    • Utilities: $0

    30yr Cost Estimate: $446,566
    • Mortgage: $343,196
    • Taxes: $95,670
    • Insurance: $0
    • HOA: $0
    • Utilities: $0
    • Downpayment: $7,700

    Go To Mortgage Calculator


    Sold Real Estate Similar to 203 School St, Putnam, CT 06260

    28 Wilkinson, Putnam, CT $165,000
    21 23 George, Putnam, CT $125,000
    5 Bellevue, Putnam, CT $313,000
    435 School, Putnam, CT $325,000
    46 Smith, Putnam, CT $300,000


    Share
    Share on FaceBook   Share on LinkedIn   Share on Pinterest   Share on Twitter

    This real estate listing for sale at 203 School St has 5 bedrooms, 3 bathrooms, and was built in 1900. It is located in the Putnam, CT area with the 06260 zip code. For more info about the property at 203 School St, Putnam, CT 06260 or if you would like to schedule a showing, please contact the listing agent above.

    Data sourced from CT SMART MLS and was last updated January 01, 1970. The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2021 SmartMLS, Inc.