About This Home
This 9-bedroom, 7-bathroom residential multi family at 34 Marshall Street in Putnam, CT is listed for $850,000 ($157 per sqft). Built in 1870, the home offers 5,402 sqft of living space on a 0.15 acres lot.
Key Features
- Built in 1870
- 0.15 acre lot
- 7 parking spaces
Property Details
Turnkey multifamily investment opportunity in the heart of Putnam, CT. This 7-unit building offers immediate cash flow with a strong unit mix and meaningful recent capital improvements. The property comprises five (5) one-bedroom/one-bath units and two (2) two-bedroom/one-bath units across 5,402 square feet on a 6,500 SF lot.
All units have been updated and the building has seen significant reinvestment, including a new roof (2024) and a new rear deck and staircase (2024). All utilities are separately metered, with tenants responsible for their own heat, hot water, and electric. Shared laundry in the basement provides an additional amenity without utility burden to ownership, and each tenant enjoys dedicated basement storage. Current 8.6% cap rate with room to improve.
Monthly Cost Estimate
$4,546/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
34 Marshall Street
Putnam, CT 06260
Features & Amenities
Exterior Features
Property Details
Outdoor Features
Heating
Questions & Answers
This 9-bedroom, 7-bathroom residential multi family at 34 Marshall Street is listed at $850,000 ($157/sqft). The estimated monthly payment is $4,546 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1870, 0.15 acre lot, 7 parking spaces. Exterior Features: Porch.
This property is listed by Jonathan Minerick and can be reached at 8884002513.