34 Marshall Street

multifamily

34 Marshall Street

Putnam, Connecticut 6260

Price

$850,000

Price/SF

$157.35/SF

Building Size

5,402 SF

Lot Size

0.15 acres

Year Built

1870

NOI

$73,161

Units

7

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.

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Photo Gallery

34 Marshall Street
34 Marshall Street
34 Marshall Street
34 Marshall Street
34 Marshall Street
34 Marshall Street
34 Marshall Street
34 Marshall Street
34 Marshall Street

Additional Details

Zoning

R-7

MLS Number

24191809

Property ID

4cd59d9d-d7b6-4801-87ec-ebfa6885b91c

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MLS Information

MLS#: 24191809

Listed by: Homecoin.com

Agent: Jonathan Minerick • (888) 400-2513 • info@homecoin.com

This property information is provided by SmartMLS. Data may be subject to change. All information should be independently verified.

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) Program of SmartMLS. Real estate listings held by brokerage firms other than Great River Commercial are marked with the IDX logo.