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70 Walnut Street

Putnam, Connecticut 06260

ACTIVE$325,000

Reduced from $350,000

Beds
5
Baths
2
SqFt
1,998
Acres
0.45
Year Built
1900
Matt Caiola

Matt Caiola

Luxury Real Estate Advisor

MCMATT CAIOLALUXURY PROPERTIES
Higgins Group Private Brokerage

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Price Reduced

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.

Key Facts

City/Town
Putnam
Neighborhood
N/A
Property / Style
Multi-Family · Units on different Floors
Year Built
1900
Days on Market
149 days
Beds
5
Baths
2 full
Living Area
1,998 sq ft
Lot Size
0.45 acres
Garage / Parking
4 total
Property Taxes
$5,288 / Annually

Market Snapshot

The Putnam Market

Multi-Family · trailing 12 months

Median Days on Market

42

7 active listings

Median $ / Sq Ft

$133

7 active listings

Sale-to-List Ratio

100.0%

24 sales

How this home compares

List Price

$325,000

vs $398,900 median

18.5% below median

Price / Sq Ft

$163

vs $133 median

22.6% above median

Days on Market

149 days

vs 42 days median

107 days longer than median

Based on 7 active and 24 closed sales (trailing 12 mo) of multi-family in Putnam. Source: SmartMLS · As of July 28, 2026.

Location

70 Walnut Street, Putnam, Connecticut

Property + 12 nearby

Estimate Your Payment

Estimated Monthly Payment

Rates: Freddie Mac PMMS via FRED
$2,206

per month

  • Principal & Interest$1,657
  • Property Taxes$441
  • Insurance$108
  • HOA$0

Estimates only. Actual rates, taxes, insurance, and HOA fees vary. Consult a lender for current rates.

Location

City/Town
Putnam
Neighborhood
N/A
County
Windham

Residence

Property Type
Multi-Family
Subtype
Duplex
Style
Units on different Floors
Year Built
1900
New Construction
No/Resale
Living Area
1,998 sq ft

Schools

Elementary
Putnam
High
Putnam

Interior

Heating
Hot Water
Heat Fuel
Natural Gas
Cooling
None
Laundry
Washer/Dryer All Units
Basement
PartialPartial With Walk-Out

Exterior & Lot

Lot Size
0.45 acres
Zoning
R-10
Garage / Parking
4 total parking spacesPavedOff Street ParkingDrivewayPrivatePaved
Waterfront Details
Walk to Water
Water Source
Public Water Connected
Sewer
Public Sewer Connected
Construction
ShingleAluminum
Roof
Asphalt Shingle
Foundation
BrickStone
Exterior Features
BreezewayDeckCovered Deck
Lot Description
Lightly WoodedSloping Lot

Listing & Financials

Property Taxes
$5,288 / Annually
Days on Market
149
MLS #
24156729
MLS Status
Active

Similar Properties

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Listed By

Tyrone Murphy

REMAX Revolution

(401) 921-5011

This information is believed to be accurate, but without warranty.

The IDX display contains information sourced from SmartMLS, Inc. as of 7/28/2026. This information is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing or leasing. Data is deemed reliable but is not guaranteed accurate by the MLS, the listing broker, the listing agent, or Matt Caiola. Buyers and tenants should independently verify all information that matters to their decision.

Map locations may be approximate. Any offer of compensation, if applicable, is made only to participants of the MLS where the listing is filed. ©2026 Smart MLS, Inc. All rights reserved.

Data last updated on 7/28/2026 at 6:50 AM UTC.