Sold
Closed
85 Prospect Hill Road
New Milford CT, 06776
$1,025,000
$176.27 per sqft
Sold
Closed
10 Beds
6 Baths
5,815 sqft
Multi-family
Built in 1880
Own a Piece of Local History! This 7-family Victorian home offers a bit of local lore in addition to an awesome income opportunity for the savvy investor. This home was the original first home of the famous John Pettibone when he and his family first moved to New Milford to become not only a teacher in the high school, but also the dual job of Superintendent of the New Milford school system, where he served for more than 40 years. This property also served for awhile as a spa in the mid 20 the century, known as "Healthstone", which you can still see inscribed on the front door of the huge wraparound porch. Owned and operated for the past nearly 30 years by the current owner, these 7 units, have traditionally been long-term situations for its residents. Consisting of 5 two bedroom units and 2 one bedroom units, they are all individually metered for both their electrical and heating situations, making for a cost effective and profitable enterprise for the landlord owner. Newer roof and siding, blown in insulation and spacious wrap-around porch, this in-town opportunity is a must have for the investor looking to add to their residential real estate investment portfolio. She pretty much runs on auto-pilot! Agents: See Agent Remarks
170579989
MLSⓇ ID
June 25, 2023
Listed
November 22, 2024
Updated
Map
85 Prospect Hill Road
New Milford CT, 06776
Interior Features
Bedrooms
10
Total Bathrooms
6
Full Bathrooms
6
Appliances
Electric Water Heater
Laundry Description
In Basement
Fireplace
Yes
Cooling
No
Cooling Description
None
Heating
Yes
Heating Description
Propane, Baseboard, Hot Water, Zoned
Exterior/Building Features
Lot Size
0.48 Acres
Lot Features
Corner Lot, Level, Rolling Slope
Architectual Style
Units on different Floors, Units are Side-by-Side
Roof
Asphalt
Sewer
Public Sewer
School Information
High School
Per Board of Ed
Elementary School
Hill & Plain
Other Property Details
Area Name
Prospect District
Taxes
$10,044
Tax Frequency
Annually
Days on Market
37
Garage
No
Parking
Off Street, On Street
Parking Total
12
View
Yes
View Description
City
County
Litchfield
Water Source
Public
Pool
No
Zoning
R8
Exclusive Listing Agents
Todd Sargent
Bought with Jennifer Pistone with Coldwell Banker Realty and Listed by Todd P. Sargent with Coldwell Banker Realty 2039481729
The IDX display contains information sourced from the Smart MLS, Inc as of 11/22/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.
©2025 Smart MLS, Inc all rights reserved.
Data last updated on 11/22/2024 at 5:30 AM UTC