46 Grove St

2,604 Sq. Ft.
$169 / Sq. Ft.
2,604
Sq. Ft.
$169
per Sq. Ft.

Description

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...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.
  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 46 Grove Street

Basement Description
Full, Full With Walk-Out
Direct Waterfront
No
Neighborhood
Putnam Heights
Style
3updown - Unit(s) per Floor
Swimming Pool
No
LISTING UPDATED: 04/28/2026 12:04 PM

Property Details for 46 Grove Street

StatusActive
MLS #24170152
Days on Market10
Taxes$5,536 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti-Family / 3 Family
Year Built1860
Lot Size0.25 AC / 10,890 SF
CountyWindham County

Location

Listing Courtesy of The Hive Real Estate LLC, Marco Epifani
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Building Information for 46 Grove Street

Stories-Residences3Year Built1860Building Size-Lot Size0.25 AC / 10,890 SF

Payment Calculator

$2,677 per month

30 year fixed, 6.46% Interest

Principal and Interest

$2,216

Property Taxes

$461

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 46 Grove Street

Summary
Property and Location
  • Acres Source: Public Records
  • Directions: GPS Friendly
  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed
  • Latitude: 41.912513
  • Longitude: -71.905302
  • State: Connecticut
HOA and Fees
  • Home Owner's Assocation: No
  • Tax Year: July 2025-June 2026
  • Property Tax: $5,536
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: 14
Property
Property and Assessments
  • Construction Description: Frame
  • Exterior Siding: Aluminum
  • Foundation Type: Masonry
  • Fuel Tank Location: In Basement
  • New Construction Type: No/Resale
  • Roof: Shingle
  • Year Built: 1860
  • Year Built Source: Public Records
  • Bank Owned Property: No
  • Living Area SQFT Per Public Records: 2604
Lot Information
  • Lot Description: Corner Lot
  • Parcel Number: 1712346
  • Sq Ft Est Heated Above Grade: 2604.0
  • Sq Ft Total: 2604.0
  • Zoning: R-7
Utilities
  • Heat Fuel Type: Oil
  • Hot Water Description: 30 Gallon Tank
  • Sewage System: Public Sewer Connected
  • Water Source: Public Water Connected
Multi Family
Income and Expenses
  • Gross Annual Income: 57000
  • Occupied By: Tenant
  • Total Number of Units: 3
  • Total Rooms Multi Family: 14
Unit 1
  • Unit Entry Order: 3
  • Unit Full Baths: 1
  • Unit Modified Date: 04-28-2026
  • Unit Num Bedrms: 1
  • Unit Num Rooms: 3
Unit 2
  • Unit Entry Order: 1
  • Unit Full Baths: 1
  • Unit Half Baths: 1
  • Unit Modified Date: 04-28-2026
  • Unit Num Bedrms: 3
  • Unit Num Rooms: 6
Unit 3
  • Unit Entry Order: 2
  • Unit Full Baths: 1
  • Unit Modified Date: 04-28-2026
  • Unit Num Bedrms: 3
  • Unit Num Rooms: 5

Property History for 46 Grove Street

DateEvent & SourcePriceAppreciation
Apr 17, 2025

Closed (Public Record)

Public Record #1555938545

$375,000

+3.9% / yr

Jan 30, 2004

Closed (Public Record)

Public Record #131254351

$165,000

+2.1% / yr

Mar 30, 1990

Closed (Public Record)

Public Record #92852686

$123,500—
DateEvent & SourcePrice
04/17/2025

Closed (Public Record)

Public Record #1555938545

$375,000

+3.9% / yr

01/30/2004

Closed (Public Record)

Public Record #131254351

$165,000

+2.1% / yr

03/30/1990

Closed (Public Record)

Public Record #92852686

$123,500

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

Public Records for 46 Grove Street

Taxable ValueLand$27,200Additions$191,200Total$218,400
Tax Record2024$5,536 ($461 / month)
Home Facts
Baths3Total Finished SqFt2,604 SqFtAbove Grade Finished SqFt2,604 SqFtUnfinished Basement SqFt1,040 SqFtStories2Lot Size10,890 SqFtStyleTriplexYear Built1860ZoningR-7CountyWINDHAMAPNPUTN M:015 L:156 U:000

Schools near 46 Grove Street

This home is within Putnam School District.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - 5 to 8
Public - 9 to 12
Private - 8 to 12
Rating
School
Distance
Putnam Elementary School
PublicPK to 4

Putnam Middle School
Public5 to 8

Putnam High School
Public9 to 12

Putnam Science Academy
Private8 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

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46 Grove Street is a multi-family home for sale in Putnam, CT 06260. This property was listed for sale on April 24, 2026 by The Hive Real Estate LLC, it's currently listed at $439,995. It has been on the market for a total of 10 days and was last sold on April 17, 2025. This listing's school district is Putnam School District. Nearby schools include Putnam Elementary School, Putnam Middle School and Putnam High School. 46 Grove Street is a 7-bed, 4-bath, 2,604 sqft multi-family home built in 1860.

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, Inc., its subsidiaries, affiliates and their agents and associated third parties make 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.