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!
For sale
$370,000
385 Putnam Pike, Killingly, CT 06241
5beds
2,700sqft
Est.:
Multi Family
Built in 1940
-- sqft lot
$364,500 Zestimate®
$137/sqft
$-- HOA
What's special
Charming cottageTwo-family home
- 2 hours |
- 12 |
- 0 |
Zillow last checked: 8 hours ago
Listing updated: 10 hours ago
Listed by:
Marco Epifani (860)786-2854,
The Hive Real Estate LLC 860-786-2854
Source: Smart MLS,MLS#: 24144376
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Forced Air, Electric
Cooling
- None
Appliances
- Included: Water Heater
Features
- Basement: Full
- Attic: None
- Has fireplace: No
Interior area
- Total structure area: 2,700
- Total interior livable area: 2,700 sqft
- Finished area above ground: 2,700
Property
Parking
- Parking features: None
Lot
- Size: 1,306.8 Square Feet
Details
- Parcel number: 1691887
- Zoning: MD
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Multi Family
Materials
- Aluminum Siding
- Foundation: Masonry
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1940
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: Killingly
Financial & listing details
- Price per square foot: $137/sqft
- Tax assessed value: $79,220
- Annual tax amount: $1,873
- Date on market: 12/10/2025
Estimated market value
$364,500
$346,000 - $383,000
$1,312/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 10/1/2024 | Listing removed | $159,000$59/sqft |
Source: | ||
| 8/30/2024 | Pending sale | $159,000$59/sqft |
Source: | ||
| 6/20/2024 | Listed for sale | $159,000+27.2%$59/sqft |
Source: | ||
| 12/12/2006 | Sold | $125,000$46/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,873 +30.1% | $79,220 +23.4% |
| 2024 | $1,440 -14.1% | $64,220 +13% |
| 2023 | $1,677 +6.3% | $56,840 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$2,454/mo
Principal & interest
$1803
Property taxes
$521
Home insurance
$130
Climate risks
Neighborhood: 06241
Nearby schools
GreatSchools rating
- NAKillingly Central SchoolGrades: PK-1Distance: 1.3 mi
- 4/10Killingly Intermediate SchoolGrades: 5-8Distance: 1.4 mi
- 4/10Killingly High SchoolGrades: 9-12Distance: 0.6 mi
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