Putnam 6-Unit Investment
For Sale
$710,000
Pending
2-12 Lyon St, Putnam, CT 06260
Investment property featuring a mix of unit types and recent renovations.
Days on Market100
Property Features for 2-12 Lyon St
General Information
Standard status
Pending
Property subtype
Commercial
Building Details
Year Built
1887
Listing Agency:
Johnston & Associates Real Estate, LLC
(860) 428-6446
Listed By:
Ryan Lajoie · License #REB.0789987
(860) 428-6446
Source:
Elliman
Added: Apr 24
Changed: Jul 10
Last Checked: Aug 1 at 5:31AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Johnston & Associates Real Estate, LLC
Investment Insights
Based on property information with market context.
This Putnam investment property features six units, comprising a single-family home, a two-family home, and a three-family home, all situated on a single lot. Recent renovations have been completed in almost all units, including updates to the roofing, plumbing, electrical systems, and major mechanical components. The properties are clad in vinyl siding and include a large parking area with ample space for tenants. The location provides convenient access to Downtown Putnam and offers easy commuting via Route 44 and 395. Many of the rents have been adjusted to reflect current market rates as units have been updated and re-tenanted. The property has a walk score of 70, indicating it is very walkable, and a bike score of 40, indicating it is somewhat bikeable.
Key Highlights
- Investment opportunity: 6 units on one lot (1 single‑family, 1 two‑family, and 1 three‑family).
- Recent renovations to almost all units, including roofing, plumbing, electrical, and major mechanicals.
- Majority of rents brought up to market rate due to unit updates.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
654
Businesses Nearby
Explore this area
Business Placement
Demographics for 06260, CT
9,236
Population
4,289
Households
2.2
Avg Household Size
42
Median Age
21%
College-Educated
85%
High-School Grad
20.1 sq mi
ZIP Area
460
Density / Sq Mi
$67,353
Median Household Income
$41,491
Median Earnings
$1,124
Median Rent
$257,800
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Investment property featuring a mix of unit types and recent renovations.
Where is this apartment building located?
The property is located at 2-12 Lyon St Putnam, CT.
What is the asking price?
The asking price for this property is $710,000.
What are key features of this property?
This property features: Investment opportunity: 6 units on one lot (1 single‑family, 1 two‑family, and 1 three‑family).; Recent renovations to almost all units, including roofing, plumbing, electrical, and major mechanicals.; Majority of rents brought up to market rate due to unit updates.
