Share this with your friends
+1-401-615-6292
Kazantzis Real estate, LLC
365-367 Putnam Rd, Plainfield, CT 06239
- $460,000
- 8
- BD
- 3
- BA
- 4,272
- SqFt
- Sold Price
- $460,000
- List Price
- $465,000
- Status
- CLOSED
- MLS#
- 24154093
- Closing Date
- Apr 17, 2026
- Year Built
- 1877
- Foreclosure
- Yes
- Bedrooms
- 8
- Bathrooms
- 3
- Acres
- 2.30
- Living Area
- 4,272
Property Description
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.
/t.realgeeks.media/resize/300x/https://u.realgeeks.media/mickiehomesales%252FBlack_and_White_Modern_Minimalist_House_Real_Estate_Circle_Logo.png){kind=logo}
Additional Information
- Taxes
- $4,067
- Lot Size
- 100,187
- Heating
- Hot Air
- Cooling System Type
- None
- Sewer
- Septic Tank
- Water Source
- Public
- Basement
- Full, Unfinished
- Exterior Features
- Enclosed Porch, Shed, Porch, Deck
- Garage Spaces
- 4
- Elementary School
- Moosup
- Middle School
- Plainfield
- High School
- Plainfield
How much is your home worth?
...get instant property value now!
Mortgage Calculator
Listing courtesy of Kyle Neumann from Houlihan Lawrence. (860) 370-3712 (203) 438-0455
Selling Office: Coldwell Banker Realty.