multifamily

21-23 George Street

Putnam, Connecticut 6260

Price

$264,900

Price/SF

$132.92/SF

Building Size

1,993 SF

Lot Size

0.14 acres

Year Built

1890

Units

2

Property Description

Exceptional opportunity for investors and owner-occupants alike! This two-family home has one vacant unit and one occupied currently generating $1625 per month in gross rental income while being offered at just $265,000. Opportunities to acquire a property with this level of income at this price point are becoming increasingly difficult to find. This Putnam two-family is located on a quiet dead-end street just a short walk from downtown's restaurants, shops, and amenities. Each unit offers three bedrooms and one full bath, providing spacious layouts that remain highly desirable to tenants. With nearly 2,000 square feet of living space on a manageable 0.14-acre lot, the property delivers strong rental performance without the burden of extensive grounds maintenance. Putnam's ongoing downtown revitalization continues to attract residents seeking a walkable lifestyle, helping support strong demand for well-located rental housing. Whether you're looking to add a cash-flowing asset to your portfolio or offset your mortgage with rental income, 21 George Street represents an affordable entry into investment property ownership with income already in place from day one.

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21-23 George Street
21-23 George Street

Additional Details

Zoning

R-7

MLS Number

24196730

Property ID

934e5065-1852-4872-a92f-7e6e1eab8644

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MLS Information

MLS#: 24196730

Listed by: Carl Guild & Associates

Agent: Carl Guild • (860) 813-2275 • carlguild@gmail.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.