New Listing - 12/05/2024

$480,000 ($110.07 per sqft)

Under Contract

Est. Mortgage $2,396/mo *

Quick Pre-Approval

251 Providence Street, Putnam, CT, 06260

251 Providence Street, Putnam, CT, 06260

20 rooms

12 beds

4 Full baths

1873

Units on different Floors

4,361 sqft

Putnam..Money Maker in this 4 unit Multi family home. Over 4000 Sqft, large 3 bedrm units always fully rented with long term tenants. Owner has left the 1st floor unit vacant for a new owner to occupy if they wish too. Rent was 1650 a month. Tenants pay all their OWN Heat, Hot Water and electricity. Owner pays Water, sewer, trash, & snow removal Great investment with a yearly income of 59,280., lthats with lower rents for the long term tenants. Potential to make so much more. Low expenses a year. Trash is 122.66 a month, city water is approx 333 a month. Large off street parking area in the back for all units. Small yard.. NEWER front Decks in 2006, NEW ROOF. Completely remodeled 1st and 4th units ALL units come with stove and refrig. All tenants are month to month, . Full basement. Large parking for more than 8 cars. Front porches for tenants to enjoy. RENTS ARE LOWER BUT GREAT TENANTS AND ALL PAYING..... RENTS COULD BE RAISED... Don't miss out on this great opportunity. 1st floor unit was 1650- vacant ready for a new owner 2nd is 970 long term 3rd unit -970- long term over 20 yrs 4th unit pays 1350. All seperate utilities.


Status:

Under Contract

Type:

Multi-family

Units:

4

Zoning:

Mul

Heating:

Hot Air

Cooling:

None

Basement:

Full, Unfinished

Acreage:

0.21

Est. Taxes:

$7,722

Assessment

$233,000

Lot Description:

Level Lot

Elementary School:

Per Board of Ed

High School:

Per Board of Ed

Days on Market:

6

MLS #:

24063084


Community Info

School Info

Walk Score

Mass Transit

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Listing courtesy of Irene Adams, Signature Properties of NewEng Email: ireneadams.realtor@yahoo.com