70 Walnut St Putnam, CT 06260
Estimated payment $2,243/month
Highlights
- Covered Deck
- Attic
- Public Transportation
- Property is near public transit
- Walking Distance to Water
- 1-minute walk to Murphy Park
About This Home
Charming Victorian 2-family set up high and framed by a classic stone wall, situated on a spacious .45-acre lot and fully occupied with strong cash flow from day one. Both tenants are in yearly leases, providing stability and consistent income, and each unit features separate utilities with individual boilers, with tenants paying their own heat and electric to help maximize returns. The first-floor unit offers 2 bedrooms, while the second-floor unit features 3 bedrooms, and both include washer and dryer hookups for added convenience. With plenty of paved parking, city water, city sewer, and natural gas, this property offers efficiency and ease of ownership. Located close to all the amenities Putnam has to offer - including shopping, dining, parks, and everyday conveniences - this is a versatile opportunity ideal for investors seeking immediate, reliable income or owner-occupants looking to live in one unit while benefiting from rental income in the other. Recent work done on the property is as follows: Main sewer line replaced, both water heaters replaced, electrical panel main breaker replaced, furnaces replaced, and general painting and cleaning.
Listing Agent
HomeSmart Professionals Real Estate Brokerage Phone: (401) 921-5011 License #RES.0829358 Listed on: 03/01/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,288
Year Built
- Built in 1900
Home Design
- 1,998 Sq Ft Home
- Brick Exterior Construction
- Brick Foundation
- Stone Foundation
- Frame Construction
- Asphalt Shingled Roof
- Aluminum Siding
- Concrete Siding
- Shingle Siding
Bedrooms and Bathrooms
- 5 Bedrooms
- 2 Full Bathrooms
Attic
- Unfinished Attic
- Attic or Crawl Hatchway Insulated
Basement
- Walk-Out Basement
- Partial Basement
Parking
- 4 Parking Spaces
- Parking Deck
- Private Driveway
Outdoor Features
- Walking Distance to Water
- Covered Deck
- Breezeway
Schools
- Putnam Elementary School
- Putnam High School
Utilities
- Hot Water Heating System
- Heating System Uses Natural Gas
- Programmable Thermostat
- Hot Water Circulator
Additional Features
- 0.45 Acre Lot
- Property is near public transit
Community Details
- 2 Units
- Public Transportation
- Gross Income $37,200
Listing and Financial Details
- Assessor Parcel Number 1711427
Map
Home Values in the Area
Average Home Value in this Area
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 | $5,288 | $208,600 | $27,600 | $181,000 |
| 2024 | $6,843 | $206,500 | $27,600 | $178,900 |
| 2023 | $3,955 | $124,400 | $22,100 | $102,300 |
| 2022 | $3,818 | $124,400 | $22,100 | $102,300 |
| 2021 | $3,712 | $124,400 | $22,100 | $102,300 |
| 2020 | $3,712 | $124,400 | $22,100 | $102,300 |
| 2019 | $3,422 | $108,100 | $22,500 | $85,600 |
| 2018 | $3,269 | $107,400 | $22,500 | $84,900 |
| 2017 | $3,158 | $107,400 | $22,500 | $84,900 |
| 2016 | $2,840 | $107,400 | $22,500 | $84,900 |
| 2015 | $2,814 | $109,000 | $22,500 | $86,500 |
| 2014 | -- | $119,600 | $26,400 | $93,200 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/01/2026 03/01/26 | For Sale | $350,000 | 0.0% | $175 / Sq Ft | |
| 01/29/2026 01/29/26 | Rented | $1,600 | 0.0% | -- | |
| 01/20/2026 01/20/26 | Under Contract | -- | -- | -- | |
| 12/02/2025 12/02/25 | For Rent | $1,600 | 0.0% | -- | |
| 09/26/2023 09/26/23 | Sold | $190,000 | +8.6% | $95 / Sq Ft | View Prior Sale |
| 08/26/2023 08/26/23 | Pending | -- | -- | -- | |
| 08/24/2023 08/24/23 | Price Changed | $175,000 | -12.5% | $88 / Sq Ft | |
| 08/21/2023 08/21/23 | For Sale | $199,900 | +505.8% | $100 / Sq Ft | |
| 03/15/2016 03/15/16 | Sold | $33,000 | -18.3% | $17 / Sq Ft | View Prior Sale |
| 02/18/2016 02/18/16 | Pending | -- | -- | -- | |
| 02/12/2016 02/12/16 | For Sale | $40,400 | +22.4% | $20 / Sq Ft | |
| 02/03/2016 02/03/16 | Off Market | $33,000 | -- | -- | |
| 02/02/2016 02/02/16 | Price Changed | $40,400 | -33.1% | $20 / Sq Ft | |
| 01/06/2016 01/06/16 | For Sale | $60,400 | +83.0% | $31 / Sq Ft | |
| 01/02/2016 01/02/16 | Off Market | $33,000 | -- | -- | |
| 12/30/2015 12/30/15 | Pending | -- | -- | -- | |
| 12/03/2015 12/03/15 | Price Changed | $60,400 | -14.2% | $31 / Sq Ft | |
| 11/05/2015 11/05/15 | Price Changed | $70,400 | -5.0% | $36 / Sq Ft | |
| 10/07/2015 10/07/15 | Price Changed | $74,100 | -5.0% | $38 / Sq Ft | |
| 09/23/2015 09/23/15 | For Sale | $78,000 | -- | $39 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $190,000 | None Available | |
| Warranty Deed | $33,299 | -- | |
| Foreclosure Deed | -- | -- | |
| Warranty Deed | $173,000 | -- | |
| Warranty Deed | $130,000 | -- | |
| Warranty Deed | $65,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $180,500 | Purchase Money Mortgage | |
| Previous Owner | $75,000 | Unknown | |
| Previous Owner | $60,000 | New Conventional |
Source: SmartMLS
MLS Number: 24156729
APN: PUTN-000012-000000-000077
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