23-45 Flagg Street

Putnam, CT 06260

$750,000
Price
16
Beds
8
Baths
6,184 Sq. Ft.
$121 / Sq. Ft.
6,184
Sq. Ft.
$121
per Sq. Ft.

Description

Very unique opportunity to purchase 4 duplex style homes on one lot. There are a total of 8 units, all identical in layout, 1 level living units, and mechanically in good shape & maintained. Each unit features 2 bedrooms, 1 bathrooms and rents are currently under market with month to month tenants who have been consistently and long term tenants. Rent roll currently at $76,400 but pro forma rent projected to be $115,200. Property is on city water/sewer, flat & level lawns and easy maintenance. Units...Very unique opportunity to purchase 4 duplex style homes on one lot. There are a total of 8 units, all identical in layout, 1 level living units, and mechanically in good shape & maintained. Each unit features 2 bedrooms, 1 bathrooms and rents are currently under market with month to month tenants who have been consistently and long term tenants. Rent roll currently at $76,400 but pro forma rent projected to be $115,200. Property is on city water/sewer, flat & level lawns and easy maintenance. Units have good off street parking along with laundry in units.
  1. Listed by Ryan Lajoie • Johnston & Associates Real Estate, LLC
    P: (860)-428-6446 C: (860)-428-6446 ryan.lajoie@yahoo.com

Property Details for 23-45 Flagg Street

Basement Description
Full, Unfinished, Concrete Floor
Direct Waterfront
No
Expected Active Date
11-28-2024
Garages Number
0
Neighborhood
Special Service District
Style
Units are Side-by-Side
Garage Parking Info
None, Paved, Off Street Parking
Swimming Pool
No
LISTING UPDATED: 11/24/2024 10:05 PM

Property Details for 23-45 Flagg Street

StatusComing Soon
MLS #24061674
Days on Market-
Taxes$11,320 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / 5 Family+
Year Built1971
Lot Size1.43 AC / 62,290 SF
CountyWindham County

Building Information for 23-45 Flagg Street

Stories-Residences4Year Built1971Building Size-Lot Size1.43 AC / 62,290 SF

Property Information for 23-45 Flagg Street

Summary
Property and Location
  • Acres Source: Public Records
  • Directions: Grove St. to Farrows St. to Flagg St. Properties on right.
  • Elementary School: Putnam
  • High School: Putnam
  • Latitude: 41.916275
  • Longitude: -71.8975
  • State: Connecticut
Parking
  • Parking Total Spaces: 16
HOA and Fees
  • Home Owner's Assocation: No
  • Sewer Usage Fee Annual: $500
  • Tax Year: July 2023-June 2024
  • Property Tax: $11,320
Interior and Exterior Features
Exterior Features
  • Waterfront Description: Not Applicable
Interior Features
  • Attic Description: Access Via Hatch
  • Cooling System: None
  • Heat Type: Baseboard
  • Attic YN: Yes
  • Fireplaces Total: 0
  • Laundry Room Info: All Units Have Hook-Ups
  • Rooms Total: 32
Property
Property and Assessments
  • Color: White
  • Construction Description: Frame
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Fuel Tank Location: In Basement
  • New Construction Type: No/Resale
  • Roof: Asphalt Shingle
  • Year Built: 1971
  • Year Built Source: Public Records
  • Bank Owned Property: No
  • Sq Ft Description: 1,546 per each duplex, 4 in total
Lot Information
  • Lot Description: Lightly Wooded, Level Lot
  • Parcel Number: 1711850
  • Sq Ft Est Heated Above Grade: 6184.0
  • Sq Ft Total: 6184.0
  • Zoning: R-10
Utilities
  • Heat Fuel Type: Oil
  • Hot Water Description: Oil, Domestic
  • Radon Mitigation Air: No
  • Radon Mitigation Water: No
  • Sewage System: Public Sewer Connected
  • Sewer Assess Description: $500/quarter each building water & sewer
  • Water Source: Public Water Connected
Multi Family
Income and Expenses
  • Gross Annual Expense: 32820
  • Gross Annual Income: 76800
  • Net Operating Income: $43,980
  • Occupied By: Tenant
  • Total Number of Units: 4
  • Total Rooms Multi Family: 32
Unit 1
  • Lease: Monthly
  • Listing Key: 27B042EA43273A47E0631401100A868E
  • Unit Average Sq Ft: 773
  • Unit Entry Order: 2
  • Unit Full Baths: 1
  • Unit Half Baths: 0
  • Unit Modified Date: 11-24-2024
  • Unit Monthly Rent: $800
  • Unit Num Bedrms: 2
  • Unit Num Rooms: 4
  • Unit Occupied By: Tenant
Unit 2
  • Lease: Monthly
  • Listing Key: 27B042EA43273A47E0631401100A868E
  • Unit Average Sq Ft: 773
  • Unit Entry Order: 4
  • Unit Full Baths: 1
  • Unit Half Baths: 0
  • Unit Modified Date: 11-24-2024
  • Unit Monthly Rent: $800
  • Unit Num Bedrms: 2
  • Unit Num Rooms: 4
  • Unit Occupied By: Tenant
Unit 3
  • Lease: Monthly
  • Listing Key: 27B042EA43273A47E0631401100A868E
  • Unit Average Sq Ft: 773
  • Unit Entry Order: 6
  • Unit Full Baths: 1
  • Unit Half Baths: 0
  • Unit Modified Date: 11-24-2024
  • Unit Monthly Rent: $800
  • Unit Num Bedrms: 2
  • Unit Num Rooms: 4
  • Unit Occupied By: Tenant
Unit 4
  • Lease: Monthly
  • Listing Key: 27B042EA43273A47E0631401100A868E
  • Unit Average Sq Ft: 773
  • Unit Entry Order: 3
  • Unit Full Baths: 1
  • Unit Half Baths: 0
  • Unit Modified Date: 11-24-2024
  • Unit Monthly Rent: $800
  • Unit Num Bedrms: 2
  • Unit Num Rooms: 4
  • Unit Occupied By: Tenant
Unit 5
  • Lease: Monthly
  • Listing Key: 27B042EA43273A47E0631401100A868E
  • Unit Average Sq Ft: 773
  • Unit Entry Order: 8
  • Unit Full Baths: 1
  • Unit Half Baths: 0
  • Unit Modified Date: 11-24-2024
  • Unit Monthly Rent: $800
  • Unit Num Bedrms: 2
  • Unit Num Rooms: 4
  • Unit Occupied By: Tenant
Unit 6
  • Lease: Monthly
  • Listing Key: 27B042EA43273A47E0631401100A868E
  • Unit Average Sq Ft: 773
  • Unit Entry Order: 1
  • Unit Full Baths: 1
  • Unit Half Baths: 0
  • Unit Modified Date: 11-24-2024
  • Unit Monthly Rent: $800
  • Unit Num Bedrms: 2
  • Unit Num Rooms: 4
  • Unit Occupied By: Tenant
Unit 7
  • Lease: Monthly
  • Listing Key: 27B042EA43273A47E0631401100A868E
  • Unit Average Sq Ft: 773
  • Unit Entry Order: 5
  • Unit Full Baths: 1
  • Unit Half Baths: 0
  • Unit Modified Date: 11-24-2024
  • Unit Monthly Rent: $800
  • Unit Num Bedrms: 2
  • Unit Num Rooms: 4
  • Unit Occupied By: Tenant
Unit 8
  • Lease: Monthly
  • Listing Key: 27B042EA43273A47E0631401100A868E
  • Unit Average Sq Ft: 773
  • Unit Entry Order: 7
  • Unit Full Baths: 1
  • Unit Half Baths: 0
  • Unit Modified Date: 11-24-2024
  • Unit Monthly Rent: $800
  • Unit Num Bedrms: 2
  • Unit Num Rooms: 4
  • Unit Occupied By: Tenant

Schools near 23-45 Flagg Street

This home is within Putnam School District.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - 5 to 8
Public - 9 to 12
Private - 8 to 12
Rating
School
Distance
Putnam Elementary School
PublicPK to 4

Putnam Middle School
Public5 to 8

Putnam High School
Public9 to 12

Putnam Science Academy
Private8 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Johnston & Associates Real Estate, LLC, Ryan Lajoie

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