
Land with Home for Sale in Plainfield, Connecticut
365 Putnam Rd, Plainfield, CT 06239
Looking for easy, low maintenance and low overhead - this fully remastered, High-Yield Two-Family Investment located on the Danielson boarder...Renovated from roof down with only $4k in annual taxes; This investment offers exceptional scale, condition, and income potential. With a gross expected rent of $79k/year, our expected cap rate comes in at 13%. Each unit is configured as a massive four-story townhome, featuring 3 BR layouts that live and sleep like four, delivering flexible living space and strong rental appeal. The property also includes four garage bays, providing an additional income stream and enhancing overall yield. When fully leased across both residential units and all garage bays, the property demonstrates strong investment performance, with projected returns outlined in the attached pro forma. The pro forma details rental assumptions, garage income, and operating considerations for a clear view of the property's income potential. Just beyond the garage in the rear of the property includes an overgrown tennis court. Due to zoning, this Conveniently located within walking distance to a mini mart and package store, and minutes to Interstate 395, the property offers both accessibility and neighborhood convenience. A rare opportunity to acquire a turnkey, income-producing multi-family asset with multiple revenue streams, scale, and upside - Massive lot with 2.4 acres.
Location
- Street address
- 365 Putnam Rd
- County
- Windham County
- Elevation
- 258 feet
Directions
On the corner of Fountain and Putnam Road, within the Wauregan villiage
Property details
- Acreage
- 2.3 acres
- Zoning
- RA19
- MLS #
- CTMLS 24154093
- Posted
Property taxes
- 2026
- $4,067
Details and features
Listing
- Type
- Residential Multi Family
Lot
- Features
- Corner Lot
Exterior
- Pool
- Porch
- Features
- Porch-Enclosed, Shed, Porch, Deck
Structure
- Basement
- Full, Unfinished
- Water
- Private
Interior
- Room Count
- 20
- Rooms
- Basement, Bathroom x 3, Bedroom x 8
Nearby schools
| Name | Type |
|---|---|
| Moosup | Elementary |
| Plainfield | High |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Mar 3, 2026 | New listing | $465,000 | — | CTMLS |







































