Fantastic opportunity to own a versatile 3-family property in Putnam, CT, just minutes from the Massachusetts and Rhode Island borders. Perfect for FHA owner-occupants and savvy investors, this property offers immediate income potential with two vacant, move-in-ready units and one income-producing unit generating cash flow from day one. The main duplex features two freshly repainted units. The first-floor unit is a spacious 1-bedroom, 1-bath apartment with washer and dryer hookups. The second-floor unit offers 2 bedrooms and 1 full bath and also includes washer and dryer hookups. Both vacant units provide an excellent opportunity for an owner-occupant to offset their mortgage or for investors to lease at current market rents. Adding to the property's unique appeal is a detached accessory dwelling unit (ADU)/in-law apartment featuring a spacious 1-bedroom, 1-bath layout. This separate unit provides additional privacy and strong rental flexibility. Additional highlights include off-street parking, freshly painted interiors, and a desirable location close to major routes, shopping, dining, and area amenities in northeastern Connecticut. Whether you're looking to expand your portfolio, begin investing, or take advantage of owner-occupied financing options, this multi-family property offers exceptional value and versatility.