$430,000
SOLD DEC 31, 2024

251 Providence St Putnam, CT 06260

12 Beds
4 Baths
4,361 Sq Ft
9,148 Sq Ft Lot

Recently Sold

$99 Per Sq Ft

10% Below List Price

6 Days on Market

Highlights

  • Property is near public transit
  • Covered Deck
  • Level Lot
  • Porch
  • Public Transportation

About This Home

As of December 2024

Putnam..Money Maker in this 4 unit Multi family home. Over 4000 Sqft, large 3 bedrm units always fully rented with long term tenants. Owner has left the 1st floor unit vacant for a new owner to occupy if they wish too. Rent was 1650 a month. Tenants pay all their OWN Heat, Hot Water and electricity. Owner pays Water, sewer, trash, & snow removal Great investment with a yearly income of 59,280., lthats with lower rents for the long term tenants. Potential to make so much more. Low expenses a year. Trash is 122.66 a month, city water is approx 333 a month. Large off street parking area in the back for all units. Small yard.. NEWER front Decks in 2006, NEW ROOF. Completely remodeled 1st and 4th units ALL units come with stove and refrig. All tenants are month to month, . Full basement. Large parking for more than 8 cars. Front porches for tenants to enjoy. RENTS ARE LOWER BUT GREAT TENANTS AND ALL PAYING..... RENTS COULD BE RAISED... Don't miss out on this great opportunity.

Last Agent to Sell the Property

Irene Adams

Signature Properties of NewEng License #REB.0756588 Listed on: 12/05/2024

Last Buyer's Agent

Brenda Chubbuck

CR Premier Properties License #RES.0807242

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,722

Year Built

  • Built in 1873

Lot Details

  • 9,148 Sq Ft Lot
  • Level Lot

Home Design

  • Concrete Foundation
  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Asbestos Siding

Interior Spaces

  • 4,361 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 4 Full Bathrooms

Outdoor Features

  • Covered Deck
  • Porch

Location

  • Property is near public transit
  • Property is near shops

Utilities

  • Heating System Uses Natural Gas
  • Gas Available at Street
  • Electric Water Heater

Community Details

  • 4 Units
  • Public Transportation
  • Gross Income $59,280

Listing and Financial Details

  • Assessor Parcel Number 1711159

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,722

Year Built

Built in 1873

Lot Details

0

Listing Details

  • Neighborhood: N/A
  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 4361
  • Total Sq Ft: 4361
  • Year Built: 1873
  • New Construction: No/Resale
  • Nearby Amenities: Medical Facilities, Public Transportation, Putting Green, Shopping/Mall
  • Remarks Public Addendum: 1st floor unit was 1650- vacant ready for a new owner 2nd is 970 long term 3rd unit -970- long term over 20 yrs 4th unit pays 1350. All seperate utilities.
  • Property Sub Type: 4 Family
  • Direct Waterfront: No
  • Directions: Use gps
  • Financing Used: Cash
  • Living Area Sq Ft Per Public Record: 4361
  • Street Type: Street
  • Special Features: None

Interior Features

  • Total Bedrooms: 12
  • Total Bathrooms: 4
  • Full Bathrooms: 4
  • Basement Description: Full, Unfinished
  • Attic: No
  • Street Number Modifier: 251

Exterior Features

  • Exterior Features: Porch, Covered Deck
  • Exterior Siding: Asbestos
  • Foundation Type: Concrete, Stone
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage And Parking: None

Utilities

  • Cooling System: None
  • Heat Type: Hot Air
  • Heat Fuel Type: Electric, Gas In Street, Natural Gas
  • Hot Water Description: Natural Gas, Electric, Domestic
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Schools

  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed

Lot Info

  • Acres: 0.21
  • Lot Description: Level Lot
  • Flood Zone: No
  • Zoning: Mul
  • Parcel #: 1711159

Multi Family

  • Gross Annual Income: 59280
  • Total Number Of Units: 4

Tax Info

  • Tax Year: July 2024-June 2025
  • Property Tax: 7722
  • Total Assessed Value: 233000
  • Mil Rate Total: 23.64

MLS Schools

  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed

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 Change Sq Ft Price
12/31/2024 12/31/24 Sold $430,000 -10.4% $99 / Sq Ft
12/11/2024 12/11/24 Pending -- -- --
12/05/2024 12/05/24 For Sale $480,000 +113.3% $110 / Sq Ft
06/01/2021 06/01/21 Sold $225,000 -10.0% $52 / Sq Ft
05/19/2021 05/19/21 Pending -- -- --
03/08/2021 03/08/21 For Sale $249,900 +20.0% $57 / Sq Ft
03/20/2019 03/20/19 Sold $208,300 -3.1% $48 / Sq Ft
01/24/2019 01/24/19 Pending -- -- --
01/13/2019 01/13/19 Price Changed $215,000 -6.5% $49 / Sq Ft
01/07/2019 01/07/19 For Sale $229,900 -- $53 / Sq Ft
Source: SmartMLS

Tax History Compared to Growth

Source: Public Records

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 $7,192 $283,700 $23,800 $259,900
2024 $7,722 $233,000 $23,800 $209,200
2023 $4,571 $143,800 $18,600 $125,200
2022 $4,413 $143,800 $18,600 $125,200
2021 $4,291 $143,800 $18,600 $125,200
2020 $4,291 $143,800 $18,600 $125,200
2019 $2,979 $94,100 $20,600 $73,500
2018 $2,864 $94,100 $20,600 $73,500
2017 $2,767 $94,100 $20,600 $73,500
2016 $2,488 $94,100 $20,600 $73,500
2015 $2,430 $94,100 $20,600 $73,500
2014 $2,647 $112,800 $24,900 $87,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 24063084

SmartMLS