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$150,000
24177764 MLS
Rare opportunity to acquire a potential residential development site located within a Qualified Opportunity Zone in Putnam. Previously approved subdivision plans in 2008 along with updated conceptual plans completed in 2022 provide valuable groundwork for future development. The property was designed for a proposed 12-unit subdivision with city water and sewer available, offering excellent future upside for builders, developers, and investors seeking long-term investment potential in northeastern Connecticut. Public utilities already available to the site provide a significant advantage while supporting continued housing demand in the area. Conveniently located near downtown Putnam, shopping, restaurants, schools, and I-395, the property combines location convenience with strong residential development potential. Opportunity Zone designation may provide potential tax advantages to qualified investors, including the potential for deferred and reduced capital gains taxes through qualified investment structures. Buyers to perform their own due diligence regarding approvals, permits, utility connections, development feasibility, and Opportunity Zone requirements.

406 Sabin St, Putnam

$429,557
4 Beds 2 Baths 24176334 MLS
Step into a world of timeless beauty and refined New England charm in this extraordinary 1922 Antique Colonial Victorian, perfectly nestled in the heart of Putnam, Connecticut. Rich with character, elegance, and architectural detail, this remarkable residence beautifully blends historic sophistication with thoughtful modern updates. From the moment you enter, you are welcomed by an absolutely breathtaking grand staircase - a stunning focal point that instantly captures the home's elegance and unforgettable presence. Sunlight pours throughout the spacious interior, highlighting beautiful hardwood flooring, classic craftsmanship, and a warm, inviting atmosphere designed for both everyday living and elegant entertaining. The main level offers a graceful flowing layout featuring a spacious living room, an elegant formal dining room, and a generously sized kitchen ready to host holidays, celebrations, and memorable gatherings. Four spacious bedrooms provide comfort and versatility, while updated bathrooms offer the perfect balance of modern convenience and timeless style. One of the home's most exceptional and rare features is the expansive third floor, offering three additional heated rooms with brand-new carpeting. Whether envisioned as a luxurious primary suite retreat, home office space, guest quarters, creative studio, playroom, fitness area, or additional living space, the possibilities are truly endless. Outside, the property continues to impress with a fenced, level

55 Mechanics St, Putnam

$264,900
6 Beds 2 Baths 24171757 MLS
Exceptional opportunity for investors and owner-occupants alike! This fully rented two-family home generates $3,025 per month in gross rental income ($36,300 annually) 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.

21-23 George St, Putnam

$439,995
7 Beds 4 Baths 24170152 MLS
Don't miss this exceptional investment opportunity in the heart of Putnam! This character-rich multi-family property, built in 1860 and offering over 2,600 square feet of living space, is perfectly positioned to deliver strong cash flow from day one. Set on a generous quarter-acre lot, this income-producing gem offers the ideal combination of historic New England charm and modern rental demand. With Putnam's rental market thriving and this location just minutes from Route 395, tenants enjoy an easy commute to Worcester and Providence - keeping vacancy low and demand high. Downtown Putnam's growing dining and entertainment scene, including local favorites like 85 Main and the Courthouse Bar & Grille, adds to the neighborhood's appeal for quality, long-term renters. Whether you're a seasoned investor looking to expand your portfolio or a first-time buyer seeking an owner-occupied income property, 46 Grove St checks all the boxes. Properties like this - with strong bones, a proven rental history, and a prime northeast Connecticut location - are increasingly hard to find at this price point. Schedule your showing today and start building equity tomorrow.

46 Grove St, Putnam

$319,000
3 Beds 1 Baths 24166792 MLS
Back on Market! Buyers backed out because of payoff request is taking too long, should have it soon.|| Welcome to 58 Viens Street in Putnam, offering a fantastic opportunity to build equity and make it your own. This home features a flexible layout with two generously sized bedrooms upstairs and a first-floor primary bedroom, providing convenient living options for a variety of needs. Inside, you'll find hardwood floors throughout much of the home and a kitchen layout that includes a center island overlooking the living room-an ideal setup for a future open-concept design. A pellet stove adds character to the main living area, and the basement includes a workshop space with 220-volt outlets already in place, perfect for projects or additional utility. The home also includes a water purification system, a patio just off the kitchen, a level backyard, and an oversized shed for extra storage. Several key improvements have already been completed, including a roof and siding that are under 10 years old, along with a newer chimney, doors, and some windows. With its existing features and updates, this property presents a great chance for buyers to add their personal touch and maximize value over time.UPDATE: CALLING HIGHEST AND BEST THURSDAY APRIL 23rd BY 5:00 PM

58 Viens St, Putnam

$329,900
2 Beds 2 Baths 24161575 MLS
Welcome to easy, low-maintenance condo living in the heart of Putnam! This well-appointed 2-bedroom, 1.5-bath home offers a bright and inviting main level featuring a sun-filled living room with beautiful hardwood floors and direct access to a private wood deck-perfect for seamless indoor/outdoor living. The kitchen is designed for both function and comfort, complete with a dining area, pantry closet, and ample cabinet space. A convenient half bath rounds out the main floor. Upstairs, you'll find two generously sized bedrooms, each offering double closets for plenty of storage. The full bathroom includes a shower/tub combination, and the added convenience of second-floor laundry makes everyday living a breeze. Additional highlights include two assigned off-street parking spaces and a prime location with easy access to Putnam's shops, dining, and major routes. Residents can also enjoy access to the community clubhouse for special events! Whether you're a first-time buyer, downsizing, or seeking a low-maintenance lifestyle, this condo is a fantastic opportunity!

74 Perry St Unit 183, Putnam

$325,000
5 Beds 2 Baths 24156729 MLS
Charming Victorian 2-family set up high and framed by a classic stone wall, situated on a spacious .45-acre lot and fully occupied with strong cash flow from day one. Both tenants are in yearly leases, providing stability and consistent income, and each unit features separate utilities with individual boilers, with tenants paying their own heat and electric to help maximize returns. The first-floor unit offers 2 bedrooms, while the second-floor unit features 3 bedrooms, and both include washer and dryer hookups for added convenience. With plenty of paved parking, city water, city sewer, and natural gas, this property offers efficiency and ease of ownership. Located close to all the amenities Putnam has to offer - including shopping, dining, parks, and everyday conveniences - this is a versatile opportunity ideal for investors seeking immediate, reliable income or owner-occupants looking to live in one unit while benefiting from rental income in the other. Recent work done on the property is as follows: Main sewer line replaced, both water heaters replaced, electrical panel main breaker replaced, furnaces replaced, and general painting and cleaning.

70 Walnut St, Putnam

$279,999
3 Beds 1 Baths 24156434 MLS
Recently refreshed and priced aggressively for a fast sale, this move-in ready property is an incredible opportunity for both homeowners and investors. The home features light updates throughout, offering a clean, functional space while still leaving room to add value over time. Inside, you'll find a practical layout with comfortable living areas, updated finishes, and plenty of natural light. Whether you're looking for an affordable primary residence or a strong rental/flip candidate, this property delivers flexibility and upside. Situated in a convenient location near downtown Putnam, shopping, dining, and major routes, the home combines accessibility with long-term potential. Priced below market to generate immediate interest - submit your highest and best. Opportunities like this don't last.

259 Church St, Putnam

$580,000
3 Beds 2 Baths 24151361 MLS
Established in 1767, this remarkable property tells a centuries-old story of care, continuity, and quiet beauty. Generations have called this tranquil, pastoral 22-acre property home, and their warmth and devotion are still deeply felt throughout the landscape. The charming and comfortable antique residence-thoughtfully updated with newer mechanical systems-overlooks rolling pastures framed by striking stone walls and large historic barns. The setting is both serene and inspiring, offering an exceptional foundation for an equestrian estate or a sensitive, historically minded restoration. This is a rare opportunity for a new steward with vision and reverence to honor the property's rich past while shaping its future. For those drawn to history, land, and legacy, this is a chance to become part of a story still unfolding-preserving its beauty while guiding it forward for generations to come. Located in Putnam, a vibrant commercial, governmental, and cultural center, the town is celebrated as the Antique Capital of the Northeast and a distinctive dining destination with restaurants to suit every taste. Please note: The property will be sold as a single parcel with a permanent restriction prohibiting further division or subdivision. Aerial contour map available in attachments.

78 E Putnam Rd, Putnam

$215,000
24150989 MLS
Development Opportunity! Town-approved condominium project with fully engineered plans available by request, set on a private lot with views. This offering conveys development rights only for an approved condominium complex consisting of two existing townhouses and approvals for eight additional units to be built. Prior approvals are in place with the Town, underground utilities are on site, and initial infrastructure work has been completed. Public water and sewer available, paved drive installed, condominium documents recorded, and unit building plans are available. This is an opportunity to own or develop a planned community in the northeast corner of Connecticut, with convenient proximity to both Rhode Island and Massachusetts. For the full package offering including land and existing units, please see MLS #24150988.

115 Groveland Ave, Putnam

$699,900
4 Beds 4 Baths 24150988 MLS Grandview Estates BLDG.
Development Opportunity! Fully approved condominium project on a private lot with views, offering a turnkey development package including land, two existing townhouses with garages, and approvals for eight additional units to be built, with fully engineered plans available by request. Town approvals are in place, underground utilities are on site, and initial infrastructure has been completed. Public water and sewer available, condominium documents recorded, and unit building plans are available. Existing units provide immediate value while allowing future expansion of the remaining approved units - ideal for developers seeking income with significant upside. This is an opportunity to own or develop a planned community in the northeast corner of Connecticut, with convenient proximity to both Rhode Island and Massachusetts.

115 Groveland Ave Unit 7 & 8, Putnam

$499,900
9 Beds 4 Baths 24114923 MLS
INSTANT EQUITY in this beautiful and incredibly spacious two-family home. Sellers just had the home independently appraised for more than their asking price! With 10 foot ceilings throughout this turn of the century manse, the first floor unit features over 2,100 sq ft of living space with 3 large bedrooms, formal dining room, 2 full baths (1 roll-in handicap accessible, fully tiled with shower bench), kitchen and laundry. The upper unit has central air and spans two floors offering 6 large bedrooms, an eat-in-kitchen, with 1 full and 1 half bath and in-unit laundry. Three additional rooms on the third floor complete over 2,900 sq ft of livable space in the upper unit. Enjoy your morning coffee on the private porch off the kitchen. Outside you'll find nearly half an acre of well maintained lawn with a large front porch, two decks, and a detached three car garage (plus parking for 5 additional cars). Located in Putnam's most desirable neighborhood, it's a short stroll to downtown restaurants, shops and cafes. Perfect for owner-occupant or investor!

115 Grove St, Putnam

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