Don't miss this exceptional investment opportunity in the heart of Putnam! This character-rich multi-family property, built in 1860 and offering over 2,600 square feet of living space, is perfectly positioned to deliver strong cash flow from day one. Set on a generous quarter-acre lot, this income-producing gem offers the ideal combination of historic New England charm and modern rental demand. With Putnam's rental market thriving and this location just minutes from Route 395, tenants enjoy an easy commute to Worcester and Providence - keeping vacancy low and demand high. Downtown Putnam's growing dining and entertainment scene, including local favorites like 85 Main and the Courthouse Bar & Grille, adds to the neighborhood's appeal for quality, long-term renters. Whether you're a seasoned investor looking to expand your portfolio or a first-time buyer seeking an owner-occupied income property, 46 Grove St checks all the boxes. Properties like this - with strong bones, a proven rental history, and a prime northeast Connecticut location - are increasingly hard to find at this price point. Schedule your showing today and start building equity tomorrow.
Accepting backups
$439,995
46 Grove Street, Putnam, CT 06260
7beds
2,604sqft
Multi Family
Built in 1860
-- sqft lot
$432,100 Zestimate®
$169/sqft
$-- HOA
What's special
Character-rich multi-family propertyGenerous quarter-acre lot
- 68 days |
- 122 |
- 3 |
Zillow last checked:
Listing updated:
Listed by:
Marco Epifani (860)786-2854,
The Hive Real Estate LLC 860-786-2854
Source: Smart MLS,MLS#: 24170152
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Heating
- Forced Air, Oil
Cooling
- None
Appliances
- Included: Water Heater
Features
- Basement: Full
- Attic: None
- Has fireplace: No
Interior area
- Total structure area: 2,604
- Total interior livable area: 2,604 sqft
- Finished area above ground: 2,604
Property
Lot
- Size: 0.25 Acres
- Features: Corner Lot
Details
- Parcel number: 1712346
- Zoning: R-7
Construction
Type & style
- Home type: MultiFamily
- Architectural style: 3updown - Unit(s) per Floor
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Aluminum Siding
- Foundation: Masonry
- Roof: Shingle
Condition
- New construction: No
- Year built: 1860
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Putnam Heights
HOA
- Has HOA: No
Location
- Region: Putnam
Financial & listing details
- Price per square foot: $169/sqft
- Tax assessed value: $218,400
- Annual tax amount: $5,536
- Date on market: 4/25/2026
Estimated market value
$432,100
$410,000 - $454,000
$1,534/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/25/2026 | Listed for sale | $439,995+17.3%$169/sqft |
Source: | ||
| 4/17/2025 | Sold | $375,000+97.4%$144/sqft |
Source: Public Record Report a problem | ||
| 3/3/2022 | Sold | $190,000-5%$73/sqft |
Source: | ||
| 12/10/2021 | Pending sale | $199,900$77/sqft |
Source: | ||
| 12/10/2021 | Contingent | $199,900$77/sqft |
Source: | ||
| 10/14/2021 | Price change | $199,900-3.9%$77/sqft |
Source: | ||
| 9/24/2021 | Price change | $208,000-3.3%$80/sqft |
Source: | ||
| 8/3/2021 | Price change | $215,000-6.5%$83/sqft |
Source: | ||
| 7/19/2021 | Listed for sale | $230,000+39.4%$88/sqft |
Source: | ||
| 1/30/2004 | Sold | $165,000$63/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,536 -21.2% | $218,400 +3.1% |
| 2024 | $7,022 +68% | $211,900 +61.1% |
| 2023 | $4,180 +3.6% | $131,500 |
| 2022 | $4,036 +2.9% | $131,500 |
| 2021 | $3,924 | $131,500 |
| 2020 | $3,924 +29.8% | $131,500 +37.7% |
| 2019 | $3,024 +4% | $95,500 |
| 2018 | $2,907 +3.5% | $95,500 |
| 2017 | $2,808 +11.2% | $95,500 |
| 2016 | $2,525 +2.4% | $95,500 |
| 2015 | $2,466 -11.9% | $95,500 -19.9% |
| 2014 | $2,800 +4.4% | $119,300 |
| 2013 | $2,681 +50.4% | $119,300 |
| 2012 | $1,782 +7.2% | $119,300 |
| 2011 | $1,663 -33.1% | $119,300 |
| 2010 | $2,486 | $119,300 |
| 2009 | $2,486 +19.3% | $119,300 +39% |
| 2008 | $2,084 +2.8% | $85,800 |
| 2007 | $2,027 +6.8% | $85,800 |
| 2006 | $1,898 +3.2% | $85,800 |
| 2005 | $1,840 -3.6% | $85,800 |
| 2004 | $1,909 +94.2% | $85,800 +50.5% |
| 2003 | $983 -53.7% | $57,000 -42.7% |
| 1995 | $2,124 | $99,470 |
Find assessor info on the county website
Monthly payment
Est. payment$--/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: 1.2 mi
- 5/10Putnam Middle SchoolGrades: 5-8Distance: 1.3 mi
- 5/10Putnam High SchoolGrades: 9-12Distance: 0.6 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
- 46 Grove Street







