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Sold for $1,025,000 on 10/23/23
  • $1,025,000

    85 Prospect Hill Road, New Milford, CT 06776

    10beds
    5,815sqft
    Multi Family
    Built in 1880
    -- sqft lot
    $1,158,100 Zestimate®
    $176/sqft
    $2,289 Estimated rent

    What's special

    Own a Piece of Local History! This 7-family Victorian home offers a bit of local lore in addition to an awesome income opportunity for the savvy investor. This home was the original first home of the famous John Pettibone when he and his family first moved to New Milford to become not only a teacher in the high school, but also the dual job of Superintendent of the New Milford school system, where he served for more than 40 years. This property also served for awhile as a spa in the mid 20 the century, known as "Healthstone", which you can still see inscribed on the front door of the huge wraparound porch. Owned and operated for the past nearly 30 years by the current owner, these 7 units, have traditionally been long-term situations for its residents. Consisting of 5 two bedroom units and 2 one bedroom units, they are all individually metered for both their electrical and heating situations, making for a cost effective and profitable enterprise for the landlord owner. Newer roof and siding, blown in insulation and spacious wrap-around porch, this in-town opportunity is a must have for the investor looking to add to their residential real estate investment portfolio. She pretty much runs on auto-pilot! Agents: See Agent Remarks

    Zillow last checked: 7 hours ago

    Listing updated: October 23, 2023 at 11:49am

    Listed by:

    Todd P. Sargent,

    Coldwell Banker Realty

    Bought with:

    Jennifer Pistone, RES.0818335

    Coldwell Banker Realty

    Source: Smart MLS,MLS#: 170579989MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 10
    • Bathrooms: 6
    • Full bathrooms: 6
    Heating
    • Baseboard, Hot Water, Zoned, Propane
    Cooling
    • None
    Appliances
    • Included: Electric Water Heater
    • Laundry: In Basement
    Features
    • Windows: Thermopane Windows
    • Basement: Full,Unfinished,Interior Entry
    • Attic: Walk-up,Floored
    • Number of fireplaces: 4
    Interior area
    • Total structure area: 5,815
    • Total interior livable area: 5,815 sqft
    • Finished area above ground: 5,815

    Property

    Parking
    • Total spaces: 12
    • Parking features: Off Street, On Street, Parking Lot, Private
    • Has uncovered spaces: Yes
    Features
    • Patio & porch: Wrap Around
    • Exterior features: Lighting
    • Has view: Yes
    • View description: City
    Lot
    • Size: 0.48 Acres
    • Features: Corner Lot, Level, Rolling Slope
    Details
    • Parcel number: 1872254
    • Zoning: R8

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Units on different Floors,Units are Side-by-Side
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Materials
    • Vinyl Siding
    • Foundation: Stone
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1880

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    Green energy
    • Energy efficient items: Insulation, Ridge Vents, Windows

    Community & neighborhood

    Community
    • Community features: Golf, Health Club, Lake, Library, Medical Facilities, Park, Private School(s), Shopping/Mall
    Location
    • Region: New Milford
    • Subdivision: Prospect District
    Services availability
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