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

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.

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Data last updated on 11/22/2024 at 5:30 AM UTC

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