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291-293 School Street

Putnam, Connecticut 06260

ACTIVE - NEW$449,900
Beds
7
Baths
4
SqFt
3,337
Acres
0.44
Year Built
1912
Matt Caiola

Matt Caiola

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MCMATT CAIOLALUXURY PROPERTIES
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4-Car Garage

About This Home

Great two family opportunity in downtown Putnam featuring a rare to find, 4 bay garage & commercial/industrial shop space with separate electric & sewer connections. The existing large duplex, believed to be two single families that have been long ago connected, features architectural singled roof, vinyl siding, replacement windows, updated boilers, electrical & oil tanks. Two stable tenants in both units which are very large with many potential bedrooms setups and both units featuring multiple bathrooms. The large covered front porch is a great feature. The shop/garage has tons of potential. Shop has two floors (main & cold storage basement). Great for contractors! This investment is more like a 3 unit investment or a commercial owner occupant with residential income.

Key Facts

City/Town
Putnam
Neighborhood
Special Service District
Property / Style
Multi-Family · Units are Side-by-Side
Year Built
1912
Days on Market
0 days
Beds
7
Baths
4 full
Living Area
3,337 sq ft
Lot Size
0.44 acres
Garage / Parking
4 garage · 8 total
Property Taxes
$7,405 / Annually

Market Snapshot

The Putnam Market

Multi-Family · trailing 12 months

Median Days on Market

58

9 active listings

Median $ / Sq Ft

$157

9 active listings

Sale-to-List Ratio

100.0%

31 sales

How this home compares

List Price

$449,900

vs $435,000 median

In line with median

Price / Sq Ft

$135

vs $157 median

14.0% below median

Days on Market

0 days

vs 58 days median

58 days fresher than median

Based on 9 active and 31 closed sales (trailing 12 mo) of multi-family in Putnam. Source: SmartMLS · As of October 1, 2026.

Location

291-293 School Street, Putnam, Connecticut

Property + 12 nearby

Estimate Your Payment

Estimated Monthly Payment

Rates: Freddie Mac PMMS via FRED
$3,169

per month

  • Principal & Interest$2,402
  • Property Taxes$617
  • Insurance$150
  • 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
Duplex
Style
Units are Side-by-Side
Year Built
1912
New Construction
No/Resale
Living Area
3,337 sq ft

Schools

Elementary
Putnam
High
Putnam

Interior

Heating
Baseboard
Heat Fuel
Oil
Cooling
None
Basement
Full

Exterior & Lot

Lot Size
0.44 acres
Zoning
HC
Garage / Parking
4 garage spaces8 total parking spacesDetached GarageOff Street ParkingDrivewayGravel
Waterfront Details
Not Applicable
Water Source
Public Water Connected
Sewer
Public Sewer Connected
Construction
Vinyl Siding
Color
Tan
Roof
Asphalt Shingle
Foundation
Stone
Exterior Features
PorchGuttersCovered Deck
Lot Description
City Views

Listing & Financials

Property Taxes
$7,405 / Annually
Days on Market
0
MLS #
24210750
MLS Status
Active

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 10/1/2026. 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 10/1/2026 at 9:06 PM UTC.