70 Walnut Street
Putnam, Connecticut 06260
Reduced from $350,000
- Beds
- 5
- Baths
- 2
- SqFt
- 1,998
- Acres
- 0.45
- Year Built
- 1900
- Property Type
- 2 Family

Matt Caiola
Luxury Real Estate Advisor
Request a private showing and get Matt's read on price, condition, and next steps.
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
Active Listings
7
6 under contract
Median List Price
$398,900
7 active listings
Median Closed Price
$352,500
24 sales
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
Estimate Your Payment
Estimated Monthly Payment
Rates: Freddie Mac PMMS via FRED · Updated Jul 23, 2026per 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
Homes with a close match in area, property type, and price.
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.