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14 Elm Street
14 Elm Street
14 Elm Street
14 Elm Street
14 Elm Street
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14 Elm Street
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Sold

14 Elm Street

14 Elm Street, New Milford, CT 06776

$640,000
Village Center Jewel! Looking for a flexible, high-potential investment opportunity? Don't let this one pass you by. This well-maintained and updated mixed-use commercial/residential building is located in the highly flexible Village Center (VC) Zone of downtown New Milford and is ready now for immediate occupancy. The upper-level features two residential apartments, each offering 1 bedroom, 1 full bath, and 864 sq ft of living space. The main level is currently configured as three private office spaces with a shared conference room and a kitchen/break room, ideal for professional or co-working uses. The basement level is fully rented for storage, adding steady supplemental income. A massive walk-up attic provides an incredible value-add opportunity-perfect for creating a third and even fourth residential apartment, pending approvals. Outside, the expansive rear parking lot easily accommodates ample parking for both residents and commercial tenants. Located in the vibrant heart of New Milford's Village Center, this property offers myriad uses and exceptional flexibility-a perfect fit for the savvy investor looking to begin or expand their portfolio.

3
baths

3,456 Sq.Ft. LIVING AREA

0.29 Acres lot

Todd Sargent

Todd Sargent

Features & Amenities

Interior

  • Total bathrooms3
  • full bathrooms3
  • Flooring Vinyl, Carpet, Wood

Area & Lot

  • Status Sold
  • Living Area3,456 Sq.Ft.
  • Total Area3,456 Sq.Ft.
  • Lot Area0.29 Acres
  • MLS® ID24140495
  • TypeCommercial
  • YEAR BUILT1800
  • NeighborhoodNew Milford

Exterior

  • STORIES2
  • water SourcePublic
  • roofAsphalt
  • lot featuresLevel
  • parkingOff Street, Paved, Parking Lot
  • HEAT TYPEElectric, Natural Gas, Baseboard, Forced Air
  • AIR CONDITIONINGCentral Air
  • sewerPublic Sewer
  • SubstructureStone, Concrete Perimeter
  • security FeaturesSecurity System

Financial

  • Sales Price$640,000
  • Real Estate Tax $8,561/yr
  • Zoning VC
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Todd has patiently worked with all first-time home owners or tenants to help them find that first home. He communicates clearly, consistently and most importantly, he listens. Contact him today!

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