8-12 High Street
Putnam, Connecticut

Description:

"Exceptional Investment Opportunity in Putnum CT, 8-unit property featuring two separate buildings on a generously sized lot, offering both immediate income potential and exciting development prospects. Building 1 stands ready for immediate occupancy, featuring 4 vacant 1 bed units meticulously maintained and prepared for new tenants. while you explore options for the second building. Building 2, which experienced fire damage, will be demolished to the foundation by the current owner, new owner can rebuild a matching 4-unit building to restore the property to its original 8-unit configuration, or leverage the expansive lot size to develop a larger apartment complex, subject to local zoning regulations. Bring all offers

Listing Courtesy of William Raveis Real Estate