34 Marshall Street
Putnam, Connecticut 06260
- Beds
- 9
- Baths
- 7
- SqFt
- 5,402
- Acres
- 0.15
- Year Built
- 1870
- Property Type
- Multi-Family
Matt Caiola
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About This Home
Turnkey multifamily investment opportunity in the heart of Putnam, CT. This 7-unit building offers immediate cash flow with a strong unit mix and meaningful recent capital improvements. The property comprises five (5) one-bedroom/one-bath units and two (2) two-bedroom/one-bath units across 5,402 square feet on a 6,500 SF lot. All units have been updated and the building has seen significant reinvestment, including a new roof (2024) and a new rear deck and staircase (2024). All utilities are separately metered, with tenants responsible for their own heat, hot water, and electric. Shared laundry in the basement provides an additional amenity without utility burden to ownership, and each tenant enjoys dedicated basement storage. Current 8.6% cap rate with room to improve.
Key Facts
- City/Town
- Putnam
- Neighborhood
- N/A
- Property / Style
- Multi-Family · Units on different Floors
- Year Built
- 1870
- Days on Market
- 6 days
- Beds
- 9
- Baths
- 7 full
- Living Area
- 5,402 sq ft
- Lot Size
- 0.15 acres
- Garage / Parking
- 7 total
- Property Taxes
- $5,960 / 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
$850,000
vs $398,900 median
2.1× the median
Price / Sq Ft
$157
vs $133 median
18.0% above median
Days on Market
6 days
vs 42 days median
36 days fresher 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
34 Marshall Street, Putnam, Connecticut
Estimate Your Payment
Estimated Monthly Payment
Rates: Freddie Mac PMMS via FRED · Updated Jul 23, 2026per month
- Principal & Interest$4,334
- Property Taxes$497
- Insurance$283
- 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
- Subdivision
- N/A
Residence
- Property Type
- Multi-Family
- Subtype
- Other
- Style
- Units on different Floors
- Year Built
- 1870
- New Construction
- No/Resale
- Living Area
- 5,402 sq ft
Schools
- Elementary
- Putnam
- High
- Putnam
Interior
- Heating
- Baseboard
- Heat Fuel
- Electric
- Cooling
- None
- Laundry Location
- Basement
- Basement
- FullHeatedStorage
Exterior & Lot
- Lot Size
- 0.15 acres
- Zoning
- R-7
- Garage / Parking
- 7 total parking spacesPavedOff Street ParkingDrivewayOther
- Waterfront Details
- Not Applicable
- Water Source
- Public Water Connected
- Sewer
- Public Sewer Connected
- Flood Zone
- No
- Pool
- In Ground Pool
- Construction
- Vinyl Siding
- Color
- Grey
- Roof
- Asphalt Shingle
- Foundation
- Concrete
- Exterior Features
- Porch
- Lot Description
- N/A
Listing & Financials
- Property Taxes
- $5,960 / Annually
- Days on Market
- 6
- MLS #
- 24191809
- MLS Status
- Active
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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 7:05 AM UTC.