Exceptional opportunity for investors and owner-occupants alike! This fully rented two-family home generates $3,025 per month in gross rental income ($36,300 annually) while being offered at just $265,000. Opportunities to acquire a property with this level of income at this price point are becoming increasingly difficult to find. This Putnam two-family is located on a quiet dead-end street just a short walk from downtown's restaurants, shops, and amenities. Each unit offers three bedrooms and one full bath, providing spacious layouts that remain highly desirable to tenants. With nearly 2,000 square feet of living space on a manageable 0.14-acre lot, the property delivers strong rental performance without the burden of extensive grounds maintenance. Putnam's ongoing downtown revitalization continues to attract residents seeking a walkable lifestyle, helping support strong demand for well-located rental housing. Whether you're looking to add a cash-flowing asset to your portfolio or offset your mortgage with rental income, 21 George Street represents an affordable entry into investment property ownership with income already in place from day one.
For sale
Price cut: $100 (6/7)
$264,900
21-23 George Street, Putnam, CT 06260
6beds
1,993sqft
Multi Family
Built in 1890
-- sqft lot
$-- Zestimate®
$133/sqft
$-- HOA
What's special
- 55 days |
- 2,003 |
- 149 |
Zillow last checked:
Listing updated:
Listed by:
Carl J. Guild carlguild@gmail.com,
Carl Guild & Associates 860-474-3500
Source: Smart MLS,MLS#: 24171757
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Steam, Oil
Cooling
- None
Appliances
- Included: Electric Water Heater
Features
- Basement: Full
- Attic: Walk-up
- Has fireplace: No
Interior area
- Total structure area: 1,993
- Total interior livable area: 1,993 sqft
- Finished area above ground: 1,993
Property
Lot
- Size: 6,098 Square Feet
- Features: Corner Lot
Details
- Parcel number: 1712226
- Zoning: R-7
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Units on different Floors
- Property subtype: Multi Family
Materials
- Wood Siding
- Foundation: Stone
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1890
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: Putnam
Financial & listing details
- Price per square foot: $133/sqft
- Tax assessed value: $146,300
- Annual tax amount: $3,709
- Date on market: 5/1/2026
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/7/2026 | Price change | $264,9000%$133/sqft |
Source: | ||
| 6/2/2026 | Price change | $265,000-17.2%$133/sqft |
Source: | ||
| 5/5/2026 | Listed for sale | $319,900+99.9%$161/sqft |
Source: | ||
| 11/3/2024 | Listing removed | $1,300$1/sqft |
Source: Smart MLS #24053297 Report a problem | ||
| 10/28/2024 | Price change | $1,300-7.1%$1/sqft |
Source: Smart MLS #24053297 Report a problem | ||
| 10/16/2024 | Listed for rent | $1,400$1/sqft |
Source: Smart MLS #24053297 Report a problem | ||
| 1/10/2019 | Listing removed | $160,000$80/sqft |
Source: The Partner Network, LLC #170122139 Report a problem | ||
| 9/6/2018 | Listed for sale | $160,000+0.1%$80/sqft |
Source: The Partner Network, LLC #170122139 Report a problem | ||
| 6/25/2018 | Listing removed | $159,900$80/sqft |
Source: First Choice Realty #170026653 Report a problem | ||
| 3/21/2018 | Price change | $159,900-5.9%$80/sqft |
Source: First Choice Realty #170026653 Report a problem | ||
| 3/2/2018 | Listed for sale | $169,900$85/sqft |
Source: First Choice Realty #170026653 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,709 -33.9% | $146,300 -13.5% |
| 2024 | $5,607 +68% | $169,200 +61.1% |
| 2023 | $3,338 +3.6% | $105,000 |
| 2022 | $3,222 +2.8% | $105,000 |
| 2021 | $3,133 | $105,000 |
| 2020 | $3,133 +25.4% | $105,000 +33.1% |
| 2019 | $2,498 +4% | $78,900 |
| 2018 | $2,402 +3.5% | $78,900 |
| 2017 | $2,320 +11.2% | $78,900 |
| 2016 | $2,086 +2.4% | $78,900 |
| 2015 | $2,037 -18.5% | $78,900 -25.9% |
| 2014 | $2,500 +4.5% | $106,500 |
| 2013 | $2,393 +50.4% | $106,500 |
| 2012 | $1,591 +7.1% | $106,500 |
| 2011 | $1,485 -33.1% | $106,500 |
| 2010 | $2,219 | $106,500 |
| 2009 | $2,219 +20.9% | $106,500 +40.9% |
| 2008 | $1,836 +2.8% | $75,600 |
| 2007 | $1,786 +6.8% | $75,600 |
| 2006 | $1,672 +3.1% | $75,600 |
| 2005 | $1,622 -3.6% | $75,600 |
| 2004 | $1,682 +41.3% | $75,600 +9.6% |
| 2003 | $1,190 +9.1% | $69,000 -4.5% |
| 1995 | $1,091 | $72,240 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 06260
Nearby schools
GreatSchools rating
- 4/10Putnam Elementary SchoolGrades: PK-4Distance: 1.4 mi
- 5/10Putnam Middle SchoolGrades: 5-8Distance: 1.4 mi
- 5/10Putnam High SchoolGrades: 9-12Distance: 0.7 mi
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Connecticut
- Windham County
- Putnam
- 06260
- 21-23 George Street







