Opportunity is back on the market! A compelling investment opportunity in the center of Putnam, this 1867 Victorian style home combines historic appeal with practical updates and multiple paths for added value. Used today as a two-family, the property offers spacious floor plans, high ceilings, and a layout that lends itself to strong rental demand or a comfortable owner-occupied arrangement. Recent improvements include mini-split heating and cooling units on the first and second floors, bathroom updates, a new chimney liner for the boiler, and upgraded exterior doors for improved efficiency. The second floor features washer and dryer hookups and has the square footage to support potential reconfiguration, pending town approval, creating room for increased income or an expanded living setup. Additional amenities, such as a common laundry area, off-street parking, a wraparound porch, and a private courtyard, further elevate appeal for future occupants or tenants. With its proximity to downtown restaurants, shopping, and I-395, this property delivers location, flexibility, and upside. Whether you're seeking an investment with growth potential or a property that allows you to live in one unit while generating income from others, this home offers a rare blend of charm and opportunity.