365 Putnam Road Plainfield, CT $ 465,000
365 Putnam Road
$ 465,000
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365 Putnam Road

Plainfield, CT, 06239
$ 465,000
Bedrooms8 Baths3.0 Sq 4,272

Monthly Estimate*

$ 2,863

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Multi-Family Home for sale in Plainfield, CT

for $465,000 with 8 bedrooms and 3 full baths. This 4,272 square foot home was built in 1877 on a lot size of 2.3.

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.

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Multi-Family Active

Price

$ 465,000

Bedrooms

8

Full Bath

3

Property Type

Multi-Family

Taxes

$ 4,067

Style

Lot Size

2.3

Year Built

1877

Town/City

Plainfield

MLS | Web ID

24154093

Features
General
Zoning RA19
Neighborhood N/A
County Windham
Tax Year July 2025-June 2026
Property Type Multi-Family For Sale
Status Active
Acres 2.3
Directions On the corner of Fountain and Putnam Road within the Wauregan villiage
High School Plainfield
City Plainfield
Elementary School Moosup
Sq Ft Total 4272
DOM 1
Year Built 1877
Style Units are Side-by-Side
Year Built Source Public Records
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Interior
Cooling System None
Total Number of Units 2
Total Rooms 20
Basement Description Full Unfinished
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Exterior
Water Source Public Water Connected
Lot Description Corner Lot
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* Excluded Features
List By
Kyle Neumann

Listing Agent

Houlihan Lawrence

Broker

kneumann@houlihanlawrence.com

Email

Affordability Calculator

$3,202
Per Month
89%
11%
0%
Monthly Principal & Interest
$2,863
Monthly Property Taxes
$339
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3042475 Elementary School
4057954 Middle School
Plainfield High School High School
Pricing History
DatePricePrice ChangeDescription
3/3/2026$465,000 Listed Price

Map


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365 Putnam Road, Plainfield, CT, 06239 is a Multi-Family Home for sale at $465,000 with 4,272 sqft and a lot size of 2.3. 365 Putnam Road has 8 bedrooms, 3.0 baths, and was built in 1877. The property's zip code is 06239 which is in Plainfield, CT