$350,000

70 Walnut Street, Putnam, CT 06260

  • 5 beds |
  • 2 baths |
  • 1,998 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1900
  • Property Lot Size Icon0.45acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $175/sqft
  • Property List Date Icon Listed 27 days ago

Property Description

Charming Victorian 2-family set up high and framed by a classic stone wall, situated on a spacious .45-acre lot and fully occupied with strong cash flow from day one. Both tenants are in yearly leases, providing stability and consistent income, and each unit features separate utilities with individual boilers, with tenants paying their own heat and electric to help maximize returns. The first-floor unit offers 2 bedrooms, while the second-floor unit features 3 bedrooms, and both include washer and dryer hookups for added convenience. With plenty of paved parking, city water, city sewer, and natural gas, this property offers efficiency and ease of ownership. Located close to all the amenities Putnam has to offer - including shopping, dining, parks, and everyday conveniences - this is a versatile opportunity ideal for investors seeking immediate, reliable income or owner-occupants looking to live in one unit while benefiting from rental income in the other. Recent work done on the property is as follows: Main sewer line replaced, both water heaters replaced, electrical panel main breaker replaced, furnaces replaced, and general painting and cleaning.

Listing Status:
Active
Date Added:
March 1, 2026
Data Last Updated:
March 29, 2026 at 12:51PM
Listing Office:
HomeSmart Professionals Real Estate : (401) 921-5011
Listing Agent:
Tyrone Murphy : (401) 921-5011
MLS ID:
24156729
  • Laundry: Washer/Dryer All Units
  • Basement: PartialPartial With Walk-Out
  • A/C: None
  • Heating: Hot WaterNatural Gas
  • Fireplace: Fireplaces: 0
  • General: BreezewayDeckCovered Deck
  • Style: Units on different Floors
  • Parking: Parking spaces: 4
  • Roofing: Asphalt Shingle
  • County: Windham
  • Driveway: PrivatePaved
  • Zoning: R-101711427
  • Water: Public Water Connected
  • Sewer: Public Sewer Connected

This listing courtesy of Tyrone Murphy , HomeSmart Professionals Real Estate

Monthly Payment

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

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  â€ 
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

P

Putnam Elementary School

33 Wicker St, Putnam, CT, 06260

Grades PK-5

1.23 miles away

P

Putnam Middle School

35 Wicker St, Putnam, CT, 06260

Grades 6-8

1.27 miles away

P

Putnam High School

152 Woodstock Ave, Putnam, CT, 06260

Grades 9-12

0.91 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.

Similar Listings Nearby