34 Marshall St Putnam, CT 06260
Putnam AreaEstimated payment $5,333/month
Highlights
- In Ground Pool
- Porch
- Baseboard Heating
About This Home
Turnkey multifamily investment opportunity in the heart of Putnam, CT. This 7-unit building offers immediate cash flow with a strong unit mix and meaningful recent capital improvements. The property comprises five (5) one-bedroom/one-bath units and two (2) two-bedroom/one-bath units across 5,402 square feet on a 6,500 SF lot. All units have been updated and the building has seen significant reinvestment, including a new roof (2024) and a new rear deck and staircase (2024). All utilities are separately metered, with tenants responsible for their own heat, hot water, and electric. Shared laundry in the basement provides an additional amenity without utility burden to ownership, and each tenant enjoys dedicated basement storage. Current 8.6% cap rate with room to improve.
Listing Agent
Homecoin.com Brokerage Phone: (888) 400-2513 License #REB.0795104 Listed on: 07/21/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,960
Year Built
- Built in 1870
Lot Details
- 6,534 Sq Ft Lot
Parking
- 7 Parking Spaces
Home Design
- 5,402 Sq Ft Home
- Concrete Foundation
- Frame Construction
- Asphalt Shingled Roof
- Vinyl Siding
Bedrooms and Bathrooms
- 9 Bedrooms
- 7 Full Bathrooms
Basement
- Heated Basement
- Basement Fills Entire Space Under The House
- Laundry in Basement
- Basement Storage
Outdoor Features
- In Ground Pool
- Porch
Schools
- Putnam Elementary School
- Putnam High School
Utilities
- Baseboard Heating
- Electric Water Heater
Community Details
- 7 Units
- Gross Income $98,400
Listing and Financial Details
- Assessor Parcel Number 1711346
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $5,960 | $235,100 | $78,800 | $156,300 |
| 2024 | $7,049 | $212,700 | $78,200 | $134,500 |
| 2023 | $6,762 | $212,700 | $78,200 | $134,500 |
| 2022 | $6,528 | $212,700 | $78,200 | $134,500 |
| 2021 | $6,347 | $212,700 | $78,200 | $134,500 |
| 2020 | $6,347 | $212,700 | $78,200 | $134,500 |
| 2019 | $6,886 | $217,500 | $109,600 | $107,900 |
| 2018 | $6,621 | $217,500 | $109,600 | $107,900 |
| 2017 | $6,395 | $217,500 | $109,600 | $107,900 |
| 2016 | $5,751 | $217,500 | $109,600 | $107,900 |
| 2015 | $5,616 | $217,500 | $109,600 | $107,900 |
| 2014 | $5,006 | $213,290 | $109,600 | $103,690 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/21/2026 07/21/26 | For Sale | $850,000 | -- | $157 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $250,000 | None Available | |
| Quit Claim Deed | $117,000 | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,290,000 | Purchase Money Mortgage | |
| Previous Owner | $28,000 | Commercial |
Source: SmartMLS
MLS Number: 24191809
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