Movoto Real Estate
Sold on 04/19/2026
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365-367 Putnam Rd, Danielson, CT 06239

  • $460,000

    Last sold 04/19/2026 after 47 Days

  • 8

    bed

  • 3

    bath

  • 4,272

    Sqft ($108/Sqft)

Multi-family not for sale
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About 365-367 Putnam Rd

Property type Multi-family
Year built 1877
HOA fee $0/month
Lot size 2.3 Acre
Parking 4 garage spaces
Property description
Looking for easy, low maintenance and low overhead - this fully remastered, High-Yield Two-Family Investment located on the Danielson boarder...Renovated from roof down with only $4k in annual taxes; This investment offers exceptional scale, condition, and income potential. With a gross expected rent of $79k/year, our expected cap rate comes in at 13%. Each unit is configured as a massive four-story townhome, featuring 3 BR layouts that live and sleep like four, delivering flexible living space and strong rental appeal. The property also includes four garage bays, providing an additional income stream and enhancing overall yield. When fully leased across both residential units and all garage bays, the property demonstrates strong investment performance, with projected returns outlined in the attached pro forma. The pro forma details rental assumptions, garage income, and operating considerations for a clear view of the property's income potential. Just beyond the garage in the rear of the property includes an overgrown tennis court. Due to zoning, this Conveniently located within walking distance to a mini mart and package store, and minutes to Interstate 395, the property offers both accessibility and neighborhood convenience. A rare opportunity to acquire a turnkey, income-producing multi-family asset with multiple revenue streams, scale, and upside - Massive lot with 2.4 acres.
Listed by
Listing Agent - Kyle Neumann
Listing Office - Houlihan Lawrence
Source: CONNECT MLS mls logo
MLS#24154093 • last updated 1 month ago
Movoto checked CONNECT MLS for data 34 minutes ago
Overview
Cooling/AC None
Heating Hot Air, Oil
Levels/Style Units Are Side-by-Side
Type Multi-Family For Sale
SubType 2 Family
SqFt 4272
Status Closed
MLS # 24154093
Lot Size (Acres) 2.3
Property Tax 4067
Property Condition No/Resale
Interior
Total # of Bathrooms 3
# of Full Baths 3
Total # of Bedrooms 8
Total # of Rooms 20, 20
Exterior
Exterior Clapboard
Foundation Block
Roofing Asphalt Shingle
# Garage Spaces 4
Parking Detached Garage
Lot Description Corner Lot
Amenities / Utilities
Sewer/ Septic Septic
Location
Waterfront Not Applicable
Elementary School Moosup
High School Plainfield
Middle School Plainfield
APN 1700443
Multifamily Details
Total # of Units 2
  • Apr 2026
    mls logo MLS # 24154093
  • Apr 19, 2026 Sold
    $460,000 (-1.1%)
  • Mar 16, 2026 Under Contract - Continue To Show
  • Mar 3, 2026 Listed
    $465,000 (+46400.0%)
  • Sep 2016
    mls logo MLS # G10160909
  • Sep 1, 2016 Sold
  • Aug 14, 2016 Listed
    $1,000 (-16.7%)
  • Aug 2014
    mls logo MLS # E278980
  • Aug 25, 2014 Listed
    $1,200
  • 365-367 Putnam Rd
    $460K
  • 06239
    $269K -18% y/y
  • Danielson
    $350K -9% y/y
No chart available
Statistics calculated by Movoto

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  • 365-367 Putnam Rd
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