Rare investment opportunity featuring two separate multi family dwellings on one level lot, offering a total of four units.


Property

Website:https://www.nestseekers.com/5427031
Address:
18 South Main
New Milford, CT 06776
Ownership: Multi-Family
Type: Multi-Family
Bedrooms: 10 BR
Bathrooms: 6
Area: 4895 sq ft

Financials

Price:$850,000
Annual Taxes:$11,166

Description

Rare investment opportunity featuring two separate multi-family dwellings on one level lot, offering a total of four units. Three of the units have been fully renovated and are currently leased, providing immediate and stable cash flow from day one. The property layout offers strong tenant appeal with easy access and low-maintenance grounds. With one unit unoccupied, there is clear value-add potential through renovation or rent optimization or the opportunity to move in and occupy Unit A while the other tenants help cover the mortgage. Projected rents reach $8,550/month once Unit A is leased at market rents, making this an ideal opportunity for investors or owner-occupants seeking a turnkey asset with upside in a unique configuration.

Amenities

  • Elementary School - Per Board of Ed
  • High School - Per Board of Ed
  • Intermediate School -

Contact

Nest Seekers International at The J House Greenwich, 1114 E Putnam Ave, Riverside, CT 06878
Listing Courtesy of Ignacio Navarro of Keller Williams Realty