New Listing - 03/03/2026
Listing courtesy of Kyle Neumann (860) 370-3712, Houlihan Lawrence (203) 438-0455
365 Putnam Road 367, Plainfield, CT, 06239
20 rooms
8 beds
3 Full baths
1877
Units are Side-by-Side
4,272 sqft
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.
Status:
Active
Type:
Multi-family
Units:
2
Zoning:
RA19
Garage:
4-car Detached Garage
Heating:
Hot Air
Cooling:
None
Basement:
Full, Unfinished
Acreage:
2.3
Est. Taxes:
$4,067
Assessment
$170,460
Lot Description:
Corner Lot
Elementary School:
Moosup
Middle School:
Plainfield
High School:
Plainfield
Days on Market:
10
MLS #:
24154093
Community Info
School Info
Walk Score
Mass Transit
Yelp
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