$499,995

8-12 High Street, Putnam, CT 06260

  • 8 beds |
  • 8 baths |
  • 4,160 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1900
  • Property Lot Size Icon0.52acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $120/sqft
  • Property List Date Icon Listed 2 months ago

Property Description

"Exceptional Investment Opportunity in Putnum CT, 8-unit property featuring two separate buildings on a generously sized lot, offering both immediate income potential and exciting development prospects. Building 1 stands ready for immediate occupancy, featuring 4 vacant 1 bed units meticulously maintained and prepared for new tenants. while you explore options for the second building. Building 2, which experienced fire damage, will be demolished to the foundation by the current owner, new owner can rebuild a matching 4-unit building to restore the property to its original 8-unit configuration, or leverage the expansive lot size to develop a larger apartment complex, subject to local zoning regulations. Bring all offers

Listing Status:
Active
Date Added:
May 6, 2025 at 03:31PM
Listing Office:
William Raveis Real Estate : (203) 227-4343
Listing Agent:
Karim Douich : (203) 260-1288
MLS ID:
24093749
  • Basement: FullUnfinished
  • A/C: None
  • Heating: Hot AirNatural Gas
  • Fireplace: Fireplaces: 0

This listing courtesy of Karim Douich, William Raveis Real Estate

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

P

Putnam Elementary School

33 Wicker St, Putnam, CT, 06260

Grades PK-5

0.85 miles away

P

Putnam Middle School

35 Wicker St, Putnam, CT, 06260

Grades 6-8

0.91 miles away

P

Putnam High School

152 Woodstock Ave, Putnam, CT, 06260

Grades 9-12

0.57 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.