14 Elm Street

New Milford, CT 06776 Directions
$639,900
  • 3Baths
  • 3,456Sqft
  • 0.29Acres
  • 1800Built
  • $185Price/Sqft

Property Highlights

  • Exterior Features: Sidewalk, Gutters, Lighting, Pole Sign
  • Days on Market: 29
  • MLS: 24140495
  • Listing Contingent

Property Highlights

  • Exterior Features: Sidewalk, Gutters, Lighting, Pole Sign
  • Days on Market: 29
  • MLS: 24140495
  • Listing Contingent

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,...

Property Highlights

  • Exterior Features: Sidewalk, Gutters, Lighting, Pole Sign
  • Days on Market: 29
  • MLS: 24140495
  • Listing Contingent

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.

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.

Read MoreRead Less
  • Lot Details
    • Acres: 0.29
    • County: Litchfield
    • Gas Description: Electric, Natural Gas
    • Lot Description: Level Lot
    • Occupancy: Tenant
    • Parking Spaces: 14
    • Water Description: Public Water Connected
  • Exterior Features
    • Exterior Features: Sidewalk,Gutters,Lighting,Pole Sign
    • Roof: Asphalt Shingle
  • Interior Features
    • Air Conditioning: Central Air
    • Cooling: Central Air
    • Flooring: Vinyl, Wall-to-Wall Carpet, Wood
    • Full Baths: 3
    • Furnace Type: Electric, Natural Gas
    • Heat: Electric, Natural Gas
    • Heat Fuel: Electric, Natural Gas
    • Living SqFt Source: Public Records
    • Stories: 2
    • Total Baths: 3
  • Amenities
    • Security System
  • Additional Information
    • Area Type: Downtown, Urban
    • Average Days On Market: 29
    • Days On Market: 29
    • Frontage: 73
    • Garage: Paved, Parking Lot, Off Street Parking
    • Gross Expenses: 28711
    • Gross Income: 62100
    • Handicap Features: Exterior Curb Cuts, Handicap Parking, Hard/Low Nap Floors
    • Is Occupied?: Tenant
    • Living Area SqFt: 3,456
    • Present Use: Residential & Commercial
    • Property Tax: $8,561
    • Road Frontage: 73
    • Road Frontage Description: Municipal Street, Paved Road
    • Sewer: Public Sewer Connected
    • Status: Under Contract - Continue to Show
    • Type: Commercial For Sale
    • Unit Count: 6
    • Utilities Available: Electric, Gas, Telephone, Cable
    • Year Built: 1800
    • Zoning: VC

Listing Courtesy of Todd Sargent of Coldwell Banker Realty.

Click to view full screen