Two-Unit Residential Income
For Sale
$220,000
383 Putnam Pike, Killingly, CT 06241
Duplex with two 3-bedroom units, a walkout basement, newer roof, and forced hot air plus baseboard heat systems.
Property Size2,700 SF
Price / SF$81.48
Days on Market51
Property Features for 383 Putnam Pike
General Information
Standard status
Active
Size
2,700 SF
Property subtype
Residential Income
Zoning
MD
Taxes and HOA fees
Annual Taxes
$4,031
Amenities
Oil, Hot Water
Full
Electric Water Heater
Units on different Floors
Building Details
Building Size
2,700 SF
Year Built
1920
Listing Agency:
Mapp Realty and Investment Co.
(508) 847-0902
Listed By:
Anthony Chabot · License #REB.0795000
(508) 847-0902
Source:
Evrealestate
Added: Jul 9
Changed: Aug 24
Last Checked: Aug 28 at 9:08AM
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 Mapp Realty and Investment Co.
Investment Insights
Based on property information with market context.
This duplex offers two separate residential units, each with substantial layout potential. The 1st floor features 3 bedrooms and 1.5 bathrooms, with forced hot air heat, while the 2nd floor provides 3 bedrooms and 1 bathroom with hot water baseboard heat. The property includes a large walkout basement with expansion potential. Updates include a newer roof (2025) and some replacement windows.
The home is located on Putnam Pike in Killingly, Connecticut, close to I-395, with approximately 5 minutes to Putnam and about 10 minutes to Killingly Commons. Day-to-day access is described as car-dependent.
While the exterior improvements are partially completed, the interior is positioned for renovation, with needs identified for flooring, plumbing, kitchen and bath updates, painting, and other cosmetic work. The listing notes the possibility of a 4-bedroom reconfiguration on the first floor depending on layout changes and professional review during due diligence.
The home is located on Putnam Pike in Killingly, Connecticut, close to I-395, with approximately 5 minutes to Putnam and about 10 minutes to Killingly Commons. Day-to-day access is described as car-dependent.
While the exterior improvements are partially completed, the interior is positioned for renovation, with needs identified for flooring, plumbing, kitchen and bath updates, painting, and other cosmetic work. The listing notes the possibility of a 4-bedroom reconfiguration on the first floor depending on layout changes and professional review during due diligence.
Key Highlights
- Duplex built in 1920 with two separate 3‑bedroom units
- New roof in 2025 plus newer roof noted, along with some replacement windows
- 1st floor features 3BR/1.5BA with forced hot air heat (potential 4BR reconfiguration)
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
42
Businesses Nearby
Explore this area
Business Placement
Demographics for 06241, CT
6,568
Population
2,841
Households
2.3
Avg Household Size
43
Median Age
25%
College-Educated
88%
High-School Grad
26.9 sq mi
ZIP Area
244
Density / Sq Mi
$80,547
Median Household Income
$54,693
Median Earnings
$938
Median Rent
$272,200
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Duplex with two 3-bedroom units, a walkout basement, newer roof, and forced hot air plus baseboard heat systems.
Where is this duplex located?
The property is located at 383 Putnam Pike Killingly, CT.
What is the asking price?
The asking price for this property is $220,000.
What are key features of this property?
This property features: Duplex built in 1920 with two separate 3‑bedroom units; New roof in 2025 plus newer roof noted, along with some replacement windows; 1st floor features 3BR/1.5BA with forced hot air heat (potential 4BR reconfiguration)
