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2-12 Lyon Street

Putnam, Connecticut 06260

PENDING$710,000

Reduced from $759,900

Beds
12
Baths
6
SqFt
3,992
Acres
0.20
Year Built
1887
Matt Caiola

Matt Caiola

Luxury Real Estate Advisor

MCMATT CAIOLALUXURY PROPERTIES
Higgins Group Private Brokerage

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Price Reduced

About This Home

Opportunity awaits at this Putnam 6-unit investment property. This property consists of 1-single family, 1-2 family, and 1-3 family all located on one lot. Property has had recent renovations to almost all units, along with roofing/plumbing/electrical/major mechanicals throughout. All properties feature vinyl siding and there is a large parking area with plenty of space for the tenants. Located conveniently to Downtown Putnam with easy access to Rt. 44 & 395 for commuting. Majority of rents have been brought up to market as units have been updated and turned over.

Key Facts

City/Town
Putnam
Neighborhood
Special Service District
Property / Style
Multi-Family · Units on different Floors,Other
Year Built
1887
Days on Market
139 days
Beds
12
Baths
6 full
Living Area
3,992 sq ft
Lot Size
0.20 acres
Garage / Parking
10 total
Property Taxes
$8,774 / 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

$710,000

vs $398,900 median

78.0% above median

Price / Sq Ft

$178

vs $133 median

33.8% above median

Days on Market

139 days

vs 42 days median

97 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

2-12 Lyon Street, Putnam, Connecticut

Property + 12 nearby

Estimate Your Payment

Estimated Monthly Payment

Rates: Freddie Mac PMMS via FRED
$4,588

per month

  • Principal & Interest$3,620
  • Property Taxes$731
  • Insurance$237
  • HOA$0

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

Location

City/Town
Putnam
Neighborhood
Special Service District
County
Windham

Residence

Property Type
Multi-Family
Subtype
5 Family+
Style
Units on different Floors,Other
Year Built
1887
New Construction
No/Resale
Living Area
3,992 sq ft

Schools

Elementary
Putnam
High
Putnam

Interior

Heating
Baseboard
Heat Fuel
ElectricNatural Gas
Cooling
None
Basement
PartialFull

Exterior & Lot

Lot Size
0.20 acres
Zoning
R-7
Garage / Parking
10 total parking spacesPavedOff Street ParkingUnpaved
Waterfront Details
Not Applicable
Water Source
Public Water Connected
Sewer
Public Sewer Connected
Construction
Vinyl Siding
Roof
Asphalt Shingle
Foundation
Stone
Exterior Features
PorchGutters
Lot Description
City ViewsLightly Wooded

Listing & Financials

Property Taxes
$8,774 / Annually
Days on Market
139
MLS #
24158379
MLS Status
Under Contract

Similar Properties

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Listed By

Ryan Lajoie

(860) 428-6446

Johnston & Associates Real Estate, LLC

(860) 923-3377

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 8:02 AM UTC.