Investors go check this out.

FOR SALE BY OWNER - CONTACT OWNER DIRECT - CONTACT OWNERWATERFRONT - CLEAN BROOK-YOU CAN FIX A HOUSE BUT YOU CAN\'T FIX A NEIGHBORHOOD - THIS IS THE BEST - BEST - BEST- NEIGHBORHOODLovely little farm on 3.9 acres near Putnam, Connecticut with a spring fed brook at the rear of the property. (Aspinock Spring water was famous as a bottled water with medicinal properties. Search history on line.) Located at 119 Putnam Road in the Town of Killingly, Ct and sometimes refereed to as Dayville, Ct. Just 5 miles to shopping, town, the hospital, or Route 395. The house needs some work which is being done and the price of this property will rise as the work is completed. If you are able to purchase a home that needs work and finish it yourself; the price will be discounted. This is not a \"low down payment eligible property\" Low down payment programs are government programs. These programs will give someone with a minimal down payment a wonderful chance to own a home. These programs by their nature attract people that could not handle the finances of the normal problems that home owners face. (new roof or some other item). Because of these financial risk; the programs require the entire house be up to code. These houses are typically rehabilitated older house found in town. Homes on a country road and up to code cost more than most first home buyers can afford. A home with a few acres on a good country road with no junkie properties next door or too close for comfort will cost you $200,000 to $250,000 and higher. A new house in a desirable location will cost more than $250,000. Add a pond or stream of clean water and get ready to pay more. This house we are selling with 3.9 acres in a desirable location with a clean fast moving stream at the rear of the property is a bargain for the right person. It sold for $154,000 in 2003.