$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.0789987 Listed on: 11/24/2024

Last Buyer's Agent

Ryan LaJoie

Johnston & Associates Real Estate, LLC License #REB.0789987 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

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

Lot Info

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

Multi Family

  • Gross Annual Income: 76800
  • Total Number Of Units: 4

Tax Info

  • Tax Year: July 2024-June 2025
  • Property Tax: 23857

MLS Schools

  • Elementary School: Putnam
  • High School: Putnam
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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

Agents Affiliated with this Home

  • Ryan LaJoie

    Seller's Agent in 2025

    Ryan LaJoie

    Johnston & Associates Real Estate, LLC

    (860) 428-6446

    30 in this area

    238 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

Sold

MultiFamily

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