$225,000
SOLD MAY 2, 2025

68 Smith St Putnam, CT 06260

6 Beds
3.5 Baths
2,100 Sq Ft
7,405 Sq Ft Lot

Recently Sold

$107 Per Sq Ft

3% Above List Price

23 Days on Market

About This Home

As of May 2025

Prime Value-Add 3-Family Investment Opportunity - Putnam, CT Unlock the potential of this three-family property in the heart of Putnam, CT-a perfect value-add opportunity for investors or owner-occupants looking to generate passive income. This asset features three units, each offering strong rental potential with room for cosmetic upgrades to maximize returns. Key Highlights: Two fully occupied units with below-market rents-opportunity for immediate upside Separate utilities for easy management and tenant responsibility Off-street parking and a large backyard for added tenant appeal Prime location near downtown Putnam, shopping, dining, and major highways Value-add potential through renovations and market rent increases With Putnam's growing rental demand, this property offers a rare chance to increase cash flow and build long-term equity. Don't miss this investment opportunity-schedule a showing today!

Last Agent to Sell the Property

Marco Epifani

The Hive Real Estate LLC License #REB.0795726 Listed on: 03/03/2025

The Hive Real Estate LLC

Last Buyer's Agent

Marco Epifani

The Hive Real Estate LLC License #REB.0795726 Listed on: 03/03/2025

The Hive Real Estate LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,653

Year Built

  • Built in 1867

Lot Details

  • 7,405 Sq Ft Lot
  • Level Lot

Home Design

  • Frame Construction
  • Shingle Roof
  • Asbestos Siding
  • Masonry

Interior Spaces

  • 2,100 Sq Ft Home
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms

Community Details

  • 3 Units
  • Gross Income $21,000

Listing and Financial Details

  • Assessor Parcel Number 1711187

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,653

Year Built

Built in 1867

Lot Details

0

Listing Details

  • Neighborhood: N/A
  • Property Type: Multi-Family For Sale
  • Style: Other
  • Sq Ft Est Heated Above Grade: 2100
  • Total Sq Ft: 2100
  • Year Built: 1867
  • New Construction: No/Resale
  • Property Sub Type: 3 Family
  • Direct Waterfront: No
  • Directions: GPS friendly
  • Financing Used: Cash
  • Street Type: Street
  • Special Features: None

Interior Features

  • Total Bedrooms: 6
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement Description: Full
  • Attic: No

Exterior Features

  • Exterior Siding: Asbestos
  • Foundation Type: Masonry
  • Roof Information: Shingle
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage And Parking: None

Utilities

  • Cooling System: None
  • Heat Type: Other
  • Hot Water Description: 30 Gallon Tank
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Lot Info

  • Acres: 0.17
  • Lot Description: Level Lot
  • Zoning: R-7
  • Parcel #: 1711187

Multi Family

  • Gross Annual Income: 21000
  • Total Number Of Units: 3

Tax Info

  • Tax Year: July 2024-June 2025
  • Property Tax: 4653

MLS Schools

  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
05/02/2025 05/02/25 Sold $225,000 +2.7% $107 / Sq Ft
03/26/2025 03/26/25 Pending -- -- --
03/03/2025 03/03/25 For Sale $219,000 -- $104 / Sq Ft
Source: SmartMLS

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: SmartMLS

MLS Number: 24077805

SmartMLS