$362,500

385 Putnam Pike, Killingly, CT 06241

5 beds |
3 baths |
2,700 sqft

Multi-Family Home
Built in 1940
1,307sqft lot
—— car garage
$134/sqft
Listed 2 months ago

Property Description

Unique investment offering: two separate homes for the price of one - a charming cottage plus a two-family home - totaling roughly 2,700 SF. This property presents an ideal opportunity for investors, house-hackers, or anyone looking to build equity and generate cash flow. Both structures need some updating - perfect for someone looking to add value and maximize return. Whether you live in one unit and rent the others, or rent out both, this setup offers flexibility and income potential. Great for: Investors seeking positive cash flow and long-term equity growth House-hackers wanting to offset living expenses with rental income BRRRR (Buy * Rehab * Rent * Refinance * Repeat) strategies Don't miss out on this rare two-for-one deal. Contact today for details or to schedule a private viewing - this one won't last long!

Listing Status:: Active
Date Added:: December 10, 2025
Data Last Updated:: February 11, 2026 at 4:50AM
Listing Office:: The Hive Real Estate LLC : (860) 786-2854
Listing Agent:: Marco Epifani : (860) 786-2854
MLS ID:: 24144376

Basement: Full
A/C: None
Heating: Hot AirElectric
Fireplace: Fireplaces: 0

Style: Other

Roofing: Asphalt Shingle

County: Windham

Zoning: MD1691887

Water: Public Water Connected
Sewer: Public Sewer Connected

This listing courtesy of Marco Epifani , The Hive Real Estate LLC

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Killingly Central School

60 Soap St, Dayville, CT, 06241

Grades PK-1

1.26 miles away

Killingly Intermediate School

1599 Upper Maple St, Dayville, CT, 06241

Grades 5-8

1.38 miles away

Killingly High School

226 Putnam Pike, Dayville, CT, 06241

Grades 9-12

0.64 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.