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$374,500

  • For Sale
  • Under Contract
  • Multi-Family
  • 5 Total Beds
  • Updated 6 days ago
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Well-maintained 3-family property in the heart of Putnam, conveniently located close to shopping, dining, schools, and major amenities. The interior has been recently renovated, offering updated finishes and move-in-ready condition. Two units are currently rented, providing immediate income, -an ideal setup for an owner-occupant or value-add investor. With strong rental potential, the existing income offers the opportunity for the remaining two units to substantially offset or fully cover the mortgage. An excellent investment opportunity with flexibility, cash flow potential, and a prime location.

Full Property Details for 203 School St

General

  • Price: $374,500
  • Taxes: (July 2025-June 2026)
  • Status: Under Contract
  • Type: Multi-Family
  • Source: SMARTMLS
  • MLS ID: 24155398
  • Updated: 4/2/2026
  • Added to Site: 48 day(s) ago

Interior

  • Number of Rooms: 16

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 3

Bedrooms

  • Total Bedrooms: 5

Location

  • County: Windham
  • Neighborhood: Putnam Heights
  • Driving Directions: School St. You may park in lot across the street.

School Information

  • Elementary School: Per Board of Ed
  • High School: Putnam

Community

  • Community Name: Putnam Heights

Heating & Cooling

  • Cooling Type: Heat Pump
  • Heating Type: Baseboard, Gas on Gas, Heat Pump, Electric
  • Heating Fuel: Electric
  • Water Heater: 30 Gallon Tank

Utilities

  • Sewer: Public Sewer Connected
  • Water: Public Water Connected

Structural Information

  • Architectural Style: Units on different Floors
  • Construction Status: No/Resale
  • Exterior Const.: Vinyl Siding
  • Basement Desc.: None
  • Roof: Asphalt Shingle
  • Square Feet: 1,887
  • Above Ground: 1,887 Sq. Ft.
  • Year Built: 1900

Unit Information

Unit 1

  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 2

  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 3

  • Total Bathrooms: 1
  • Bedrooms: 2

Lot Features

  • Lot Size (Acres): 0.09
  • Zoning: R-7
  • Lot Description: N/A

Financial Considerations

  • Assessment Amount: $164,100
  • Tax Year: July 2025-June 2026

Disclosures and Reports

  • Property ID: 1711495

Listed by RE/MAX Preferred, Michael Zompa

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Listing agent

— 203 School St —

  • Michael Zompa

    RE/MAX Preferred

Agent Contact: (401) 677-6117 Office Contact: (401) 353-2200

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 203 School St

School District:Putnam School District
NameGradesDistance
Putnam Elementary School
33 Wicker Street, Putnam, CT 06260
PK-51 mi
Putnam Middle School
35 Wicker Street, Putnam, CT 06260
6-81.1 mi
Putnam High School
152 Woodstock Avenue, Putnam, CT 06260
9-120.7 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 203 School St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/18/2026
Price Reduced
$374,500
-1.42%
MLS
3/05/2026
Listed
$379,900
72.68%
MLS
5/02/2024
Sold
$220,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 203 School St

Year
Property Taxes
Change
Tax Assessment
Change
2024
$4,160
-21%
$164,100
3%
2023
$5,279
66%
$159,300
59%
2023
$3,189
4%
$100,300
—
2022
$3,078
3%
$100,300
—
2021
$2,993
—
$100,300
—
2020
$2,993
33%
$100,300
41%
2019
$2,254
4%
$71,200
—
2018
$2,167
4%
$71,200
—
2017
$2,093
11%
$71,200
—
2016
$1,883
2%
$71,200
—
2015
$1,838
-11%
$71,200
-19%
2014
$2,065
4%
$88,000
—
2011
$1,977
—
$88,000
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by RE/MAX Preferred, Michael Zompa

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203 School Street, Putnam, CT 06260 (MLS# 24155398) is a Multi-Family property with 3 units containing 5 bedrooms and 3 full bathrooms. 203 School Street is currently listed for $374,500 and was received on February 20, 2026. Want to learn more about 203 School Street? Do you have questions about finding other Multi-Family real estate for sale in Putnam? You can browse all Putnam real estate or contact a Coldwell Banker agent to request more information.

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