385 Putnam Pike

$370,000
Price
5
Beds
2,700 Sq. Ft.
$137 / Sq. Ft.
2,700
Sq. Ft.
$137
per Sq. Ft.

Description

Unique investment offering: two separate homes for the price of one - a charming cottage plus a two-family home - totaling roughly 2,700 SF. This property presents an ideal opportunity for investors, house-hackers, or anyone looking to build equity and generate cash flow. Both structures need some updating - perfect for someone looking to add value and maximize return. Whether you live in one unit and rent the others, or rent out both, this setup offers flexibility and income potential. Great for:...Unique investment offering: two separate homes for the price of one - a charming cottage plus a two-family home - totaling roughly 2,700 SF. This property presents an ideal opportunity for investors, house-hackers, or anyone looking to build equity and generate cash flow. Both structures need some updating - perfect for someone looking to add value and maximize return. Whether you live in one unit and rent the others, or rent out both, this setup offers flexibility and income potential. Great for: Investors seeking positive cash flow and long-term equity growth House-hackers wanting to offset living expenses with rental income BRRRR (Buy Rehab Rent Refinance Repeat) strategies Don't miss out on this rare two-for-one deal. Contact today for details or to schedule a private viewing - this one won't last long!
  1. Listed by Marco Epifani • The Hive Real Estate LLC
    P: (860)-786-2854 C: (860)-786-2854 marco.epi.business@gmail.com

Property Details for 385 Putnam Pike

Basement Description
Full
Direct Waterfront
No
Neighborhood
N/A
Style
Other
Garage Parking Info
None
Swimming Pool
No
LISTING UPDATED: 12/10/2025 07:01 PM

Property Details for 385 Putnam Pike

StatusActive
MLS #24144376
Days on Market11
Taxes$1,873 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / 3 Family
Year Built1940
Lot Size0.03 AC / 1,306 SF
CountyWindham County

Location

Listing Courtesy of The Hive Real Estate LLC, Marco Epifani
Add your commute

Building Information for 385 Putnam Pike

Stories-Residences3Year Built1940Building Size-Lot Size0.03 AC / 1,306 SF

Payment Calculator

$1,984 per month

30 year fixed, 6.28% Interest

Principal and Interest

$1,828

Property Taxes

$156

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 385 Putnam Pike

Summary
Property and Location
  • Acres Source: Public Records
  • Directions: GPS Friendly
  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed
  • Latitude: 41.867318
  • Longitude: -71.881363
  • State: Connecticut
HOA and Fees
  • Home Owner's Assocation: No
  • Tax Year: July 2025-June 2026
  • Property Tax: $1,873
Interior and Exterior Features
Exterior Features
  • Waterfront Description: Not Applicable
Interior Features
  • Cooling System: None
  • Heat Type: Hot Air
  • Attic YN: No
  • Fireplaces Total: 0
  • Rooms Total: 9
Property
Property and Assessments
  • Construction Description: Frame
  • Exterior Siding: Aluminum
  • Foundation Type: Masonry
  • New Construction Type: No/Resale
  • Roof: Asphalt Shingle
  • Year Built: 1940
  • Year Built Source: Public Records
  • Bank Owned Property: No
  • Sq Ft Description: 2 buildings are included for 2744 Sf total. 460 SF. for the cottage 2240 Sf for the Multi EST.
  • Living Area SQFT Per Public Records: 464
Lot Information
  • Lot Description: N/A
  • Parcel Number: 1691887
  • Sq Ft Est Heated Above Grade: 2700.0
  • Sq Ft Total: 2700.0
  • Zoning: MD
Utilities
  • Heat Fuel Type: Electric
  • Hot Water Description: Domestic
  • Sewage System: Public Sewer Connected
  • Water Source: Public Water Connected
Multi Family
Income and Expenses
  • Occupied By: Vacant
  • Total Number of Units: 3
  • Total Rooms Multi Family: 9
Unit 1
  • Unit Entry Order: 1
  • Unit Full Baths: 1
  • Unit Modified Date: 12-10-2025
  • Unit Num Bedrms: 2
  • Unit Num Rooms: 3
Unit 2
  • Unit Entry Order: 2
  • Unit Full Baths: 1
  • Unit Modified Date: 12-10-2025
  • Unit Num Bedrms: 2
  • Unit Num Rooms: 3
Unit 3
  • Unit Entry Order: 3
  • Unit Full Baths: 1
  • Unit Modified Date: 12-10-2025
  • Unit Num Bedrms: 1
  • Unit Num Rooms: 3

Property History for 385 Putnam Pike

DateEvent & SourcePriceAppreciation
Dec 21, 2021

Closed (Public Record)

Public Record #1480899241

$130,000—
DateEvent & SourcePrice
12/21/2021

Closed (Public Record)

Public Record #1480899241

$130,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 385 Putnam Pike

Taxable ValueLand$36,260Additions$42,960Total$79,220
Tax Record2024$1,873 ($156 / month)
Home Facts
Beds1Baths1Total Finished SqFt464 SqFtAbove Grade Finished SqFt464 SqFtUnfinished Basement SqFt464 SqFtStories1Lot Size1,307 SqFtStyleSingle Family ResidenceYear Built1940ZoningMDCountyWINDHAMAPNKLGY M:63 B:38

Schools near 385 Putnam Pike

This home is within Killingly School District.
Rating
School
Type
Grades
Distance
Public - PK to 1
Public - 2 to 4
Public - 5 to 8
Public - 9 to 12
Rating
School
Distance
Killingly Central School
PublicPK to 1

Killingly Memorial School
Public2 to 4

Killingly Intermediate School
Public5 to 8

Killingly High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

385 Putnam Pike is a multi-family home for sale in Killingly, CT 06241. This property was listed for sale on December 10, 2025 by The Hive Real Estate LLC, it's currently listed at $370,000. It has been on the market for a total of 11 days and was last sold on December 21, 2021. This listing's school district is Killingly School District. Nearby schools include Killingly Central School, Killingly Memorial School and Killingly Intermediate School. 385 Putnam Pike is a 5-bed, 3-bath, 2,700 sqft multi-family home built in 1940.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of The Hive Real Estate LLC, Marco Epifani

Based on information from one of the following Multiple Listing Services: Darien MLS, Smart MLS and Greenwich Multiple Listing Service. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Darien MLS, Smart MLS and Greenwich Multiple Listing Service is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.