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  • $465,000

    365 Putnam Road, Plainfield, CT 06239

    8beds
    4,272sqft
    Multi Family
    Built in 1877
    -- sqft lot
    $-- Zestimate®
    $109/sqft
    $-- HOA

    What's special

    Four garage baysMassive four-story townhomeFully remasteredFlexible living space
    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.
    13 days
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    2,559
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    153
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    Zillow last checked: 7 hours ago

    Listing updated: 20 hours ago

    Listed by:

    Kyle Neumann (860)370-3712,

    Houlihan Lawrence 203-438-0455

    Source: Smart MLS,MLS#: 24154093MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Forced Air, Oil
    Cooling
    • None
    Appliances
    • Included: Water Heater
    Features
    • Basement: Full,Unfinished
    • Attic: Finished,Walk-up
    • Has fireplace: No
    Interior area
    • Total structure area: 4,272
    • Total interior livable area: 4,272 sqft
    • Finished area above ground: 4,272

    Property

    Parking
    • Total spaces: 4
    • Parking features: Detached
    • Garage spaces: 4
    Features
    • Patio & porch: Enclosed, Porch, Deck
    Lot
    • Size: 2.3 Acres
    • Features: Corner Lot
    Details
    • Additional structures: Shed(s)
    • Parcel number: 1700443
    • Zoning: RA19
    • Special conditions: Real Estate Owned

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Units are Side-by-Side
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Materials
    • Clapboard
    • Foundation: Block
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1877

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Public

    Community & HOA

    HOA
    • Has HOA: No
    Location
    • Region: Plainfield

    Financial & listing details

    • Price per square foot: $109/sqft
    • Tax assessed value: $170,460
    • Annual tax amount: $4,067
    • Date on market: 3/3/2026
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    Foreclosure details

    Estimated market value

    Not available

    Estimated sales range

    Not available

    Not available

    Price history

    Price history
    DateEventPrice
    11/23/2011Listing removed$1,000
    Source: Prudential Connecticut Realty #E246868 Report a problem
    3/29/2011Listed for rent$1,000
    Source: Prudential Connecticut Realty #E246868 Report a problem
    3/29/2011Listing removed$189,000$44/sqft
    Source: Exit HomeTown Properties #E239664 Report a problem
    9/11/2010Price change$189,000-3%$44/sqft
    Source: EXIT HOMETOWN PROPERTIES #E239664 Report a problem
    9/2/2010Price change$194,900-2.5%$46/sqft
    Source: EXIT HOMETOWN PROPERTIES #E239664 Report a problem
    8/21/2010Price change$199,900-4.8%$47/sqft
    Source: EXIT HOMETOWN PROPERTIES #E239664 Report a problem
    8/10/2010Price change$209,900-4.5%$49/sqft
    Source: EXIT HOMETOWN PROPERTIES #E239664 Report a problem
    6/24/2010Price change$219,900-2.3%$51/sqft
    Source: EXIT HOMETOWN PROPERTIES #E239664 Report a problem
    6/5/2010Listed for sale$225,000$53/sqft
    Source: EXIT HOMETOWN PROPERTIES #E239664 Report a problem

    Public tax history

    Public tax history
    Tax history is unavailable.

    BuyAbility℠ payment

    Estimated monthly payment
    All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
    HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
    Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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    Earn up to a 6% match & get a competitive APY with a *. Zillow has partnered with to help get you home faster.

    Learn more*Terms apply. Match provided by Foyer. Account offered by Pacific West Bank, Member FDIC.

    Climate risks

    Neighborhood: 06374

    Getting around

    23 / 100
    Car-Dependent
    27 / 100
    Somewhat Bikeable

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Moosup
    • Middle: Plainfield
    • High: Plainfield

    Source: Smart MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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