$937,500
SOLD FEB 14, 2025

23-45 Flagg St Putnam, CT 06260

16 Beds
8 Baths
6,184 Sq Ft
1.43 Acres

Recently Sold

$152 Per Sq Ft

25% Above List Price

3 Days on Market

Highlights

  • 1.43 Acre Lot
  • Baseboard Heating
  • Concrete Flooring
  • Attic

About This Home

As of February 2025

Very unique opportunity to purchase 4 duplex style homes on one lot. There are a total of 8 units, all identical in layout, 1 level living units, and mechanically in good shape & maintained. Each unit features 2 bedrooms, 1 bathrooms and rents are currently under market with month to month tenants who have been consistently and long term tenants. Rent roll currently at $76,400 but pro forma rent projected to be $115,200. Property is on city water/sewer, flat & level lawns and easy maintenance. Units have good off street parking along with laundry in units.

Last Agent to Sell the Property

Ryan LaJoie

Johnston & Associates Real Estate, LLC License #REB.0759213 Listed on: 11/24/2024

Last Buyer's Agent

Ryan LaJoie

Johnston & Associates Real Estate, LLC License #REB.0759213 Listed on: 11/24/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $23,857

Year Built

  • Built in 1971

Lot Details

  • 1.43 Acre Lot

Parking

  • 16 Parking Spaces

Home Design

  • Side-by-Side
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 6,184 Sq Ft Home
  • Concrete Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Attic or Crawl Hatchway Insulated

Bedrooms and Bathrooms

  • 16 Bedrooms
  • 8 Full Bathrooms

Schools

  • Putnam Elementary School
  • Putnam High School

Utilities

  • Baseboard Heating
  • Heating System Uses Oil
  • Oil Water Heater
  • Fuel Tank Located in Basement

Community Details

  • 4 Units
  • Gross Income $76,800

Listing and Financial Details

  • Assessor Parcel Number 1711850

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$23,857

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Neighborhood: Special Service District
  • Property Type: Multi-Family For Sale
  • Style: Units are Side-by-Side
  • Sq Ft Est Heated Above Grade: 6184
  • Total Sq Ft: 6184
  • Year Built: 1971
  • New Construction: No/Resale
  • Property Sub Type: 5 Family+
  • Direct Waterfront: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Directions: Grove St. to Farrows St. to Flagg St. Properties on right.
  • Financing Used: Conventional Fixed
  • Street Type: Street
  • Special Features: None

Interior Features

  • Total Bedrooms: 16
  • Total Bathrooms: 8
  • Full Bathrooms: 8
  • Attic Description: Access Via Hatch
  • Basement Description: Full, Unfinished, Concrete Floor
  • Laundry Room Info: All Units Have Hook-Ups
  • Attic: Yes
  • Street Number Modifier: 23-45
  • Other SqFt Description: 1,546 per each duplex, 4 in total

Exterior Features

  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Total Parking Spaces: 16
  • Garage And Parking: None, Paved, Off Street Parking

Utilities

  • Cooling System: None
  • Heat Type: Baseboard
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Oil, Domestic
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected
  • Sewer Assess Description: $500/quarter each building water & sewer
  • Sewer Usage Fee Annual: 500

Schools

  • Elementary School: Putnam
  • High School: Putnam

Lot Info

  • Acres: 1.43
  • Lot Description: Lightly Wooded Level Lot
  • Zoning: R-10
  • Parcel #: 1711850

Multi Family

  • Gross Annual Income: 76800
  • Net Operating Income: 43980
  • Total Number Of Units: 4

Tax Info

  • Tax Year: July 2024-June 2025
  • Property Tax: 23857
  • Total Assessed Value: 719900
  • Mil Rate Total: 33.14

MLS Schools

  • Elementary School: Putnam
  • High School: Putnam

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/14/2025 02/14/25 Sold $937,500 +25.0% $152 / Sq Ft
12/02/2024 12/02/24 Pending -- -- --
11/28/2024 11/28/24 For Sale $750,000 -- $121 / Sq Ft
Source: SmartMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Ryan LaJoie

    Seller's Agent in 2025

    Ryan LaJoie

    Johnston & Associates Real Estate, LLC

    (860) 428-6446

    33 in this area

    242 Total Sales

    Ryan LaJoie
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Map

Source: SmartMLS

MLS Number: 24061674

SmartMLS
Connecticut Windham County Putnam 06260

23-45 Flagg St, Putnam, CT

This home is located at 23-45 Flagg St, Putnam, CT 06260 and is currently priced at $937,500, approximately $151 per square foot. This property was built in 1971. 23-45 Flagg St is a home located in Windham County with nearby schools including Putnam Elementary School, Putnam Middle School, and Putnam High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

SmartMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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