203 School St Putnam, CT 06260
Estimated payment $2,304/month
About This Home
Well-maintained 3-family property in the heart of Putnam, conveniently located close to shopping, dining, schools, and major amenities. The interior has been recently renovated, offering updated finishes and move-in-ready condition. Two units are currently rented, providing immediate income, -an ideal setup for an owner-occupant or value-add investor. With strong rental potential, the existing income offers the opportunity for the remaining two units to substantially offset or fully cover the mortgage. An excellent investment opportunity with flexibility, cash flow potential, and a prime location.
Listing Agent
RE/MAX Preferred Brokerage Phone: (401) 677-6117 License #RES.0809425 Listed on: 02/20/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,160
Year Built
- Built in 1900
Lot Details
- 3,920 Sq Ft Lot
Home Design
- 1,887 Sq Ft Home
- Stone Foundation
- Slab Foundation
- Frame Construction
- Asphalt Shingled Roof
- Vinyl Siding
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Full Bathrooms
Schools
- Putnam High School
Utilities
- Heat Pump System
- Baseboard Heating
- Heating System Uses Gas
Community Details
- 3 Units
- Gross Income $32,700
Listing and Financial Details
- Assessor Parcel Number 1711495
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $4,160 | $164,100 | $20,200 | $143,900 |
| 2024 | $5,279 | $159,300 | $20,200 | $139,100 |
| 2023 | $3,189 | $100,300 | $16,300 | $84,000 |
| 2022 | $3,078 | $100,300 | $16,300 | $84,000 |
| 2021 | $2,993 | $100,300 | $16,300 | $84,000 |
| 2020 | $2,993 | $100,300 | $16,200 | $84,100 |
| 2019 | $2,254 | $71,200 | $18,800 | $52,400 |
| 2018 | $2,167 | $71,200 | $18,800 | $52,400 |
| 2017 | $2,093 | $71,200 | $18,800 | $52,400 |
| 2016 | $1,883 | $71,200 | $18,800 | $52,400 |
| 2015 | $1,838 | $71,200 | $18,800 | $52,400 |
| 2014 | $2,065 | $88,000 | $24,200 | $63,800 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/09/2024 05/09/24 | Sold | $220,000 | 0.0% | $117 / Sq Ft | View Prior Sale |
| 04/11/2024 04/11/24 | Pending | -- | -- | -- | |
| 04/01/2024 04/01/24 | For Sale | $219,999 | -- | $117 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $220,000 | None Available | |
| Warranty Deed | $220,000 | None Available | |
| Warranty Deed | $110,000 | None Available | |
| Warranty Deed | $110,000 | None Available | |
| Warranty Deed | $300,000 | -- | |
| Warranty Deed | $300,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $215,000 | Purchase Money Mortgage | |
| Previous Owner | $140,000 | Commercial | |
| Previous Owner | $275,000 | Purchase Money Mortgage |
Source: SmartMLS
MLS Number: 24155398
APN: PUTN-000012-000000-000122
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