$549,900

130 Wellsville Ave New Milford, CT 06776

Estimated payment $3,442/month

Total Views 15,783
4 Beds
2 Baths
1,974 Sq Ft
$279 Price per Sq Ft

Highlights

  • Attic
  • Porch
  • Hot Water Circulator
  • Thermal Windows
  • Property is near shops
  • Baseboard Heating

About This Home

Looking for an investment opportunity or a chance to live with rental income? Look no further-this is one of only two multi-family properties currently available in New Milford, and it's priced well under $600K! This well-maintained, fully rented 2-family home features long-term tenants and solid income potential. The main level unit offers 2 bedrooms, 1 full bath, and 1,017 sq ft of living space, with private access from the rear of the home. The upper-level unit, accessed via a charming front porch, also has 2 bedrooms and 1 full bath with 957 square feet plus a huge unfinished walk-up attic-perfect for future expansion or storage. Both units feature laundry hookups, and there's a full unfinished basement for utilities and shared storage. A large off-street parking area behind the building provides ample space for tenants and guests. Located within walking distance to downtown New Milford and the picturesque Village Green, this property combines convenience, value, and future potential. Whether you're a savvy investor or a homeowner looking to offset your mortgage, this is an opportunity you don't want to miss!

Listing Agent

Todd Sargent

Coldwell Banker Realty License #RES.0759978 Listed on: 05/27/2025

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,346

Year Built

  • Built in 1900

Lot Details

  • 0.29 Acre Lot
  • Sloped Lot

Home Design

  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Asbestos Siding
  • Masonry

Interior Spaces

  • 1,974 Sq Ft Home
  • Thermal Windows

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Attic

  • Attic Floors
  • Storage In Attic
  • Walkup Attic
  • Unfinished Attic

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Parking

  • 4 Parking Spaces
  • Private Driveway

Outdoor Features

  • Exterior Lighting
  • Rain Gutters
  • Porch

Location

  • Property is near shops
  • Property is near a golf course

Schools

  • Northville Elementary School
  • Schaghticoke Middle School
  • Sarah Noble Intermediate Schoo
  • New Milford High School

Utilities

  • Floor Furnace
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Oil
  • Hot Water Circulator
  • Electric Water Heater
  • Fuel Tank Located in Basement

Community Details

  • 2 Units
  • Gross Income $42,000

Listing and Financial Details

  • Assessor Parcel Number 1878618

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,346

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Neighborhood: Wellsville
  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 1974
  • Total Sq Ft: 1974
  • Year Built: 1900
  • New Construction: No/Resale
  • Nearby Amenities: Golf Course, Health Club, Lake, Library, Medical Facilities, Park, Private School(s), Shopping/Mall
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Directions: Wellsville Avenue to #130. Park in Rear of building
  • Living Area Sq Ft Per Public Record: 1974
  • Street Type: Avenue
  • Special Features: None

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Attic Description: Unfinished, Storage Space, Floored, Walk-up
  • Basement Description: Full, Unfinished, Interior Access, Full With Hatchway
  • Laundry Room Location: In each unit
  • Laundry Room Info: All Units Have Hook-Ups
  • Attic: Yes
  • Street Number Modifier: 130

Exterior Features

  • Exterior Features: Porch, Gutters, Lighting
  • Exterior Siding: Asbestos
  • Foundation Type: Masonry, Stone
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Driveway Type: Private, Paved, Asphalt
  • Total Parking Spaces: 4
  • Garage And Parking: None, Paved, Off Street Parking, Driveway

Utilities

  • Cooling System: None
  • Heat Type: Baseboard, Hot Water
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Electric, Domestic
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected
  • Sewer Assess Description: $575+/- every 6 months for sewer Water: $65+/- monthly = $780+/- annually
  • Sewer Usage Fee Annual: 1150

Schools

  • Elementary School: Northville
  • Middle School: Schaghticoke
  • High School: New Milford
  • Intermediate School: Sarah Noble Intermediate Schoo

Green Features

  • Energy Features: Thermopane Windows

Lot Info

  • Acres: 0.29
  • Lot Description: Sloping Lot
  • Flood Zone: No
  • Zoning: R8
  • Parcel #: 1878618

Multi Family

  • Gross Annual Income: 42000
  • Net Operating Income: 34760
  • Total Number Of Units: 2

Tax Info

  • Tax Year: July 2025-June 2026
  • Property Tax: 5346
  • Total Assessed Value: 172690
  • Mil Rate Total: 30.96

MLS Schools

  • Elementary School: Northville
  • Middle Jr High School: Schaghticoke
  • High School: New Milford

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $8,438 $276,640 $53,200 $223,440
2024 $5,141 $172,690 $40,950 $131,740
2023 $5,005 $172,690 $40,950 $131,740
2022 $4,896 $172,690 $40,950 $131,740
2021 $4,830 $172,690 $40,950 $131,740
2020 $4,750 $165,620 $43,120 $122,500
2019 $4,753 $165,620 $43,120 $122,500
2018 $4,666 $165,620 $43,120 $122,500
2017 $4,513 $165,620 $43,120 $122,500
2016 $4,434 $165,620 $43,120 $122,500
2015 $4,556 $170,310 $43,120 $127,190
2014 -- $170,310 $43,120 $127,190
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2025 05/27/25 For Sale $549,900 +413.9% $279 / Sq Ft
01/29/2016 01/29/16 Sold $107,000 0.0% $54 / Sq Ft
12/31/2015 12/31/15 Pending -- -- --
12/05/2015 12/05/15 For Sale $107,000 -- $54 / Sq Ft
Source: SmartMLS

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- --
Quit Claim Deed -- --
Warranty Deed $107,000 --
Quit Claim Deed -- --
Warranty Deed $107,000 --
Quit Claim Deed -- --
Quit Claim Deed -- --
Foreclosure Deed -- --
Foreclosure Deed -- --
Warranty Deed $110,000 --
Warranty Deed $110,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $100,000 Adjustable Rate Mortgage/ARM
Previous Owner $227,500 No Value Available
Previous Owner $183,000 No Value Available
Source: Public Records

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Source: SmartMLS

MLS Number: 24098954

SmartMLS

APN: NMIL-000035-000004-000012