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41-43 Mill Street

Putnam, Connecticut 06260

ACTIVE - NEW$319,900
Beds
4
Baths
2
SqFt
2,128
Acres
0.18
Year Built
1867
Matt Caiola

Matt Caiola

Luxury Real Estate Advisor

MCMATT CAIOLALUXURY PROPERTIES
Higgins Group Private Brokerage

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About This Home

Turnkey side-by-side two-family in Putnam with $3,400/month in rental income! Both units are rented: updated side is rented for $1,800/month and the original side of the duplex is rented at $1,300/month through December 2026 and is scheduled to increase to $1,600/month in January 2027 per the existing lease. This makes it a solid addition for an experienced investor or a strong start for a first-time buyer who wants to live in one side and rent the other. Each unit has 2 bedrooms, 1 full bath and its own full basement, with separate utilities, its own Buderus gas boiler and its own electric hot water heater. One side was recently updated with luxury vinyl plank flooring, crisp white kitchen cabinetry, warm wood beam accents and a refreshed bath. The other side has a classic oak kitchen, an open living area and good overall condition, so there's room to add value. Outside, you'll find a covered front porch, new front steps, covered rear patios, a fenced backyard and off-street parking for each unit. The basements offer plenty of storage and washer/dryer. It's close to shopping, dining and downtown Putnam, with easy access to Route 395. Both units are occupied, so advanced notice required.

Key Facts

City/Town
Putnam
Neighborhood
N/A
Property / Style
Multi-Family · Units are Side-by-Side
Year Built
1867
Days on Market
0 days
Beds
4
Baths
2 full
Living Area
2,128 sq ft
Lot Size
0.18 acres
Property Taxes
$4,505 / Annually

Market Snapshot

The Putnam Market

Multi-Family · trailing 12 months

Median Days on Market

40

8 active listings

Median $ / Sq Ft

$169

8 active listings

Sale-to-List Ratio

100.0%

33 sales

How this home compares

List Price

$319,900

vs $397,450 median

19.5% below median

Price / Sq Ft

$150

vs $169 median

11.2% below median

Days on Market

0 days

vs 40 days median

40 days fresher than median

Based on 8 active and 33 closed sales (trailing 12 mo) of multi-family in Putnam. Source: SmartMLS · As of November 11, 2026.

Location

41-43 Mill Street, Putnam, Connecticut

Property + 12 nearby

Estimate Your Payment

Estimated Monthly Payment

Rates: Freddie Mac PMMS via FRED
$2,216

per month

  • Principal & Interest$1,734
  • Property Taxes$375
  • Insurance$107
  • 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 are Side-by-Side
Year Built
1867
New Construction
No/Resale
Living Area
2,128 sq ft

Schools

Elementary
Putnam
High
Putnam

Interior

Heating
Hot Water
Heat Fuel
Natural Gas
Cooling
None
Basement
FullConcrete Floor

Exterior & Lot

Lot Size
0.18 acres
Zoning
R-7
Waterfront Details
Not Applicable
Water Source
Public Water Connected
Sewer
Public Sewer Connected
Construction
Vinyl Siding
Roof
Asphalt Shingle
Foundation
Concrete
Exterior Features
SidewalkCovered Deck
Lot Description
Level Lot

Listing & Financials

Property Taxes
$4,505 / Annually
Days on Market
0
MLS #
24220522
MLS Status
Active

Similar Properties

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

Listed By

Dawn Gagliardi

(860) 810-3237

Serhant Connecticut, LLC

(203) 489-7800

Co-Listed By

Abby Dudarewicz

Serhant Connecticut, LLC

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

The IDX display contains information sourced from SmartMLS, Inc. as of 11/11/2026. 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 11/11/2026 at 6:16 PM UTC.