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.
Accepting backups
$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
- 13 days |
- 2,559 |
- 153 |
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#: 24154093
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
Foreclosure details
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 11/23/2011 | Listing removed | $1,000 |
Source: Prudential Connecticut Realty #E246868 Report a problem | ||
| 3/29/2011 | Listed for rent | $1,000 |
Source: Prudential Connecticut Realty #E246868 Report a problem | ||
| 3/29/2011 | Listing removed | $189,000$44/sqft |
Source: Exit HomeTown Properties #E239664 Report a problem | ||
| 9/11/2010 | Price change | $189,000-3%$44/sqft |
Source: EXIT HOMETOWN PROPERTIES #E239664 Report a problem | ||
| 9/2/2010 | Price change | $194,900-2.5%$46/sqft |
Source: EXIT HOMETOWN PROPERTIES #E239664 Report a problem | ||
| 8/21/2010 | Price change | $199,900-4.8%$47/sqft |
Source: EXIT HOMETOWN PROPERTIES #E239664 Report a problem | ||
| 8/10/2010 | Price change | $209,900-4.5%$49/sqft |
Source: EXIT HOMETOWN PROPERTIES #E239664 Report a problem | ||
| 6/24/2010 | Price change | $219,900-2.3%$51/sqft |
Source: EXIT HOMETOWN PROPERTIES #E239664 Report a problem | ||
| 6/5/2010 | Listed 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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Neighborhood: 06374
Nearby schools
GreatSchools rating
- 4/10Shepard Hill Elementary SchoolGrades: K-3Distance: 0.8 mi
- 4/10Plainfield Central Middle SchoolGrades: 6-8Distance: 4.6 mi
- 2/10Plainfield High SchoolGrades: 9-12Distance: 1 mi
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.
Local experts in 06374
- Connecticut
- Windham County
- Plainfield
- 06374
- 365 Putnam Road





