Movoto Real Estate

34 Marshall St, Putnam, CT 06260

  • $850,000

  • 9

    bed

  • 7

    bath

  • 5,402

    Sqft ($157/Sqft)

Multi-family for sale 10 days
Movoto is helping 11 homebuyers near you

About 34 Marshall St

Property type Multi-family
Year built 1870
HOA fee $0/month
Lot size 6,534 Sqft
Movoto estimate
Property description
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.
Listed by
Listing Agent - Jonathan Minerick
Listing Office - Homecoin.com
Source: CONNECT MLS mls logo
MLS#24191809 • last updated 1 week ago
Movoto checked CONNECT MLS for data 7 minutes ago
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Overview
Cooling/AC None
Heating Baseboard, Electric
Levels/Style Units On Different Floors
Type Multi-Family For Sale
SubType Other
SqFt 5402
Status Active
MLS # 24191809
Lot Size (Acres) 0.15
Property Tax 5960
Property Condition No/Resale
Interior
Total # of Bathrooms 7
# of Full Baths 7
Total # of Bedrooms 9
Laundry Basement
Total # of Rooms 30, 30
Exterior
Exterior Vinyl Siding
Foundation Concrete
Roofing Asphalt Shingle
Driveway Other
# Parking Spaces 7
Parking Paved, Off Street Parking, Driveway
Exterior Features Porch
Amenities / Utilities
Sewer/ Septic Public Sewer Connected
Pool In Ground Pool
Location
Waterfront Not Applicable
Elementary School Putnam
High School Putnam
APN 1711346
Directions Woodstock Ave Head Toward Providence St Slight Left Onto Providence St Turn Right Onto Marshall St Destination Will Be On The Right
Multifamily Details
Total # of Units 7
Gross Annual Income 98400
Net Operating Income 73161
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Around the neighborhood

Explore everything this neighborhood has to offer.
64/100
Walk
74/100
Family
24/100
Dining
68/100
Pet
  • Real Estate
  • CT
  • Windham County
  • Putnam
  • 06260
  • 34 Marshall St

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