A rare investment opportunity and a chance to own a distinguished piece of New Milford history.


Property

Website:https://www.nestseekers.com/5668252
Address:
85 Prospect Hill
New Milford, CT 06776
Ownership: Multi-Family
Type: Multi-Family
Bedrooms: 12 BR
Bathrooms: 8
Area: 8891 sq ft

Financials

Price:$1,599,999
Annual Taxes:$15,762

Description

A rare investment opportunity and a chance to own a distinguished piece of New Milford history. This impressive 7 family Victorian, built in 1880, once served as the residence of John Pettibone, the esteemed Superintendent of the New Milford school system. Today, it offers strong income potential and timeless character for the astute investor. The property features five roomy two-bedroom units and two comfortable one-bedroom units, all currently rented. The interior hallways and individual apartments have been thoughtfully updated, breathing new life into this historic home while preserving its charm. Ideally situated close to downtown New Milford, the location provides convenience, walkability, and enduring appeal. An exceptional opportunity to expand your portfolio-schedule your tour today.

Amenities

  • Elementary School - Per Board of Ed
  • High School - New Milford
  • Intermediate School - Per Board of Ed
  • Wrap Around Deck

Contact

Nest Seekers International at The J House Greenwich, 1114 E Putnam Ave, Riverside, CT 06878
Listing Courtesy of Jennifer Pistone of Coldwell Banker Realty