18 South Main Street

New Milford, CT 06776 Directions
$889,000
  • 10Bed
  • 6Baths
  • 4,895Sqft
  • 0.32Acres
  • 1890Built
  • $182Price/Sqft

Property Highlights

  • Style: Units on different Floors,Units are Side-by-Side
  • MLS: 24168656

Property Highlights

  • Style: Units on different Floors,Units are Side-by-Side
  • MLS: 24168656

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 vacant unit remaining, 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 rates, making this an ideal opportunity...

Property Highlights

  • Style: Units on different Floors,Units are Side-by-Side
  • MLS: 24168656

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 vacant unit remaining, 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 rates, making this an ideal opportunity for investors or owner-occupants seeking a turnkey asset with upside in a unique configuration.

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 vacant unit remaining, 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 rates, making this an ideal opportunity for investors or owner-occupants seeking a turnkey asset with upside in a unique configuration.

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  • Lot Details
    • Acres: 0.32
    • Acres Source: Public Records
    • County: Litchfield
    • Gas Description: Oil
    • Lot Description: Level Lot
    • Occupancy: Tenant
    • Water Description: Public Water Connected
    • Water Frontage: Not Applicable
    • Waterfront Description: Not Applicable
  • Exterior Features
    • Exterior Siding: Vinyl Siding
    • Roof: Asphalt Shingle
  • Interior Features
    • Beds: 10
    • Full Baths: 6
    • Furnace Type: Oil
    • Heat: Oil
    • Heat Fuel: Oil
    • Hot Water: Oil, 40 Gallon Tank
    • Rooms: 22
    • Total Baths: 6
  • Additional Information
    • Basement Description: Full, Unfinished
    • Elementary School: Per Board of Ed
    • High School: Per Board of Ed
    • Is Occupied?: Tenant
    • Living Area SqFt: 4,895
    • Property Tax: $11,166
    • Sewer: Public Sewer Connected
    • Status: Active
    • Style: Units on different Floors, Units are Side-by-Side
    • Subtype: 4 Family
    • Type: Multi-Family For Sale
    • Unit Count: 4
    • Year Built: 1890
    • Year Built Details: Public Records
    • Zoning: R82

Listing Courtesy of Ignacio Navarro of Keller Williams Realty.

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