This raised ranch in southern New Milford is a rare gem, offering the unique advantage of being a legal two-family home. With four bedrooms and two bathrooms, this property is perfect for multi-generational living, rental income, or simply maximizing space and flexibility. The main level features recently refinished hardwood floors throughout, freshly painted walls, and bright, open living areas. The lower level includes a fully equipped in-law setup, providing a private, self-contained living space, ideal for a second family unit. A spacious and well-maintained yard, and a central location, this home is a blend of practicality, charm, and investment potential. Perfect for those seeking a versatile property with both personal and financial benefits.
Come and explore this charming ranch-style triplex featuring three bedrooms and three full bathrooms, offering more than 1,600 square feet of living space. Upon entering, you will be welcomed by the generous natural light pouring in through the large windows. Parking is convenient with the spacious two-car garage, which also serves as an excellent workshop and storage area. Nearby amenities include the New Milford Town Green and Bank Street Theatre, both within walking distance, along with a variety of dining options. Arrange a tour today and make this your new home today! The property is subject to a 3-day First Look period. Seller will negotiate ALL offers after the period expire.
Income Producing 5 Unit Multi-Family Located in Walking Distance to New Milford Green, Shopping, Restaurants, Medical Facilities, and Train Station. Improvements Include: Roof, Windows, Siding, Gutters, Hot Water Heaters, Appliances, and Extensive Tile Work. Property also Includes 2 Rentable Garages, Income Producing Coin Laundry Machines, Plenty of Parking and Storage. Expenses: Taxes $7777, Sewer $2254, Insurance $4800 (Annually), Water $50 (Monthly). Rental Amounts Currently Below Market.
Attention homeowners and investors looking for a turnkey asset in an appreciating town that cash flows! This renovated 3-family is a rare asset in this area. Recent updates include new flooring, paint, fixtures, kitchens, baths, mechanicals, etc. Enjoy very low owner operating expenses with all separate utilities that are paid by the tenants. Roof and all major capex items in very good condition. Owner occupants or tenants will enjoy very well made courtyard areas, rear porches for quite and private enjoyment and a spacious backyard for entertaining.
New Milford is located in Connecticut. New Milford, Connecticut has a population of 27,380. New Milford is more family-centric than the surrounding county with 34.65% of the households containing married families with children. The county average for households married with children is 29.59%.
The median household income in New Milford, Connecticut is $83,676. The median household income for the surrounding county is $76,438 compared to the national median of $57,652. The median age of people living in New Milford is 43.7 years.
The average high temperature in July is 83.8 degrees, with an average low temperature in January of 16.4 degrees. The average rainfall is approximately 50.3 inches per year, with 47.4 inches of snow per year.
