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245 School Street

Putnam, Connecticut 06260

COMING SOON - NEW$200,000
Beds
3
Baths
0 | 2
SqFt
2,684
Acres
0.57
Year Built
1898
Matt Caiola

Matt Caiola

Luxury Real Estate Advisor

MCMATT CAIOLALUXURY PROPERTIES
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About This Home

A property unlike anything else on the market! Currently configured with professional space on the main level and residential living space above, this R-7 zoned property offers intriguing potential for conversion to multifamily use, subject to required town approvals and permits. The main level features a separate side entrance with waiting room, multiple office/flex rooms, two baths, kitchenette and a spacious living room with hardwood floors, fireplace and pocket doors. Upstairs offers three bedrooms, a full kitchen, pantry, full bath with shower and a bright bonus room with large picture windows. A walk-up unfinished attic provides additional possibilities. The attached barn/garage offers garage-door access, former stall areas, storage and a large loft with skylights. The School Street driveway provides access to the barn/garage, while Barber Street leads to a substantial paved parking area. City water and sewer, newer oil tank, basement windows and gutters. Across from Putnam Public Library and convenient to downtown, shopping, dining and I-395. Property is not currently approved as a multifamily. Buyer to perform due diligence regarding intended use and required approvals.

Key Facts

City/Town
Putnam
Neighborhood
N/A
Property / Style
Multi-Family · Units on different Floors
Year Built
1898
Days on Market
0 days
Beds
3
Baths
2 half
Living Area
2,684 sq ft
Lot Size
0.57 acres
Garage / Parking
10 total
Property Taxes
$3,977 / Annually

Market Snapshot

The Putnam Market

Multi-Family · trailing 12 months

Median Days on Market

16

7 active listings

Median $ / Sq Ft

$163

7 active listings

Sale-to-List Ratio

100.0%

29 sales

How this home compares

List Price

$200,000

vs $435,000 median

54.0% below median

Price / Sq Ft

$75

vs $163 median

54.0% below median

Days on Market

0 days

vs 16 days median

16 days fresher than median

Based on 7 active and 29 closed sales (trailing 12 mo) of multi-family in Putnam. Source: SmartMLS · As of August 20, 2026.

Location

245 School Street, Putnam, Connecticut

Property + 12 nearby

Estimate Your Payment

Estimated Monthly Payment

Rates: Freddie Mac PMMS via FRED
$1,427

per month

  • Principal & Interest$1,029
  • Property Taxes$331
  • Insurance$67
  • 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
1898
New Construction
No/Resale
Living Area
2,684 sq ft

Schools

Elementary
Per Board of Ed
Middle
Per Board of Ed
High
Per Board of Ed

Interior

Heating
Steam
Heat Fuel
Oil
Cooling
Ceiling Fans
Basement
FullUnfinished

Exterior & Lot

Lot Size
0.57 acres
Zoning
R-7
Garage / Parking
10 total parking spacesParking Lot
Waterfront Details
Not Applicable
Water Source
Public Water Connected
Sewer
Public Sewer Connected
Construction
Clapboard
Roof
Asphalt Shingle
Foundation
ConcreteStone
Lot Description
Level Lot

Listing & Financials

Property Taxes
$3,977 / Annually
Days on Market
0
MLS #
24199851
MLS Status
Coming Soon

Similar Properties

Homes with a close match in area, property type, and price.

Listed By

Kara Mazzola

(860) 933-7337

First Choice Realty

(860) 779-7460

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

The IDX display contains information sourced from SmartMLS, Inc. as of 8/20/2026. 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 8/20/2026 at 11:35 PM UTC.