Other for sale in Connecticut

Putnam Road 365, Connecticut, United States
Price $465 000
$465 000
Listed: today
2 bedrooms
Other
• Available
632 Views
497 Requests

About this property

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

Reference: 36112_HHT2740620

Key Features
3 Bathroom(s)
4272 SqFt.
2.30 Acres
4-Car Garage
Built in 1877
Adult Community: No
Waterfront: No
Pool: No
View: No Ref: 36112-HHT2740620

Property features

  • Property type: Other

About the rental

  • Price: $465 000
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