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$639,900 Contingent

  • For Sale
  • Contingent
  • Multi-Family
  • 2 Total Beds
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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.

Full Property Details for 14 Elm St

General

  • Price: $639,900
  • Taxes: (July 2025-June 2026)
  • Status: Contingent
  • Type: Multi-Family
  • Source: SMARTMLS
  • MLS ID: 24141791
  • Updated: 12/16/2025
  • Added to Site: 56 day(s) ago

Interior

  • Number of Rooms: 6

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 2

Other Rooms

  • Laundry: None

Exterior

  • Exterior Features: Porch-Wrap Around, Sidewalk, Porch, Gutters, Lighting, French Doors
  • Color: White

Parking

  • Total Spaces: 16
  • Parking: None, Paved, Parking Lot, Off Street Parking

Location

  • County: Litchfield
  • Driving Directions: Main or East Street to Elm Street to #14

School Information

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

Heating & Cooling

  • Cooling Type: Central Air
  • Heating Type: Hot Air, Electric, Natural Gas
  • Heating Fuel: Electric, Natural Gas
  • Water Heater: Electric, Domestic

Utilities

  • Sewer: Public Sewer Connected
  • Water: Public Water Connected

Structural Information

  • Architectural Style: Units on different Floors, Other
  • Construction Status: No/Resale
  • Exterior Const.: Aluminum
  • Basement Desc.: Full, Unfinished, Storage, Interior Access, Concrete Floor, Full With Walk-Out
  • Roof: Asphalt Shingle
  • Attic: Yes
  • Square Feet: 3,456
  • Above Ground: 3,456 Sq. Ft.
  • Year Built: 1800

Unit Information

Unit 1

  • Square Feet: 864
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 2

  • Square Feet: 864
  • Total Bathrooms: 1
  • Bedrooms: 1

Lot Features

  • Lot Size (Acres): 0.29
  • Zoning: VC
  • Lot Description: City Views, Level Lot

Green Features

  • Energy Features: Programmable Thermostat

Financial Considerations

  • Annual Sewer Fee: $2,000
  • Assessment Amount: $270,330
  • Tax Year: July 2025-June 2026

Disclosures and Reports

  • Property ID: 1873986
Buyer's Brokerage Compensation: 2.5%
Not binding unless confirmed by separate agreement among applicable parties.

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— 14 Elm St —

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NMLS#: 1598647

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NMLS#: 1598647

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Schools serving 14 Elm St

School District:New Milford School District
NameGradesDistance
Sarah Noble Intermediate School
25 Sunny Valley Road, New Milford, CT 06776
3-51.2 mi
Northville Elementary School, New Milford, CT
22 Hipp Road, New Milford, CT 06776
K-22.7 mi
Schaghticoke Middle School
23 Hipp Road, New Milford, CT 06776
6-82.9 mi
New Milford High School, New Milford, CT
388 Danbury Road, New Milford, CT 06776
9-123.8 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 14 Elm St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
11/23/2025
Listed
$639,900
58%
MLS
3/22/2021
Sold
$405,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 14 Elm St

Year
Property Taxes
Change
Tax Assessment
Change
2024
$8,561
6%
$270,330
—
2023
$8,048
3%
$270,330
—
2023
$7,834
2%
$270,330
—
2022
$7,664
1%
$270,330
—
2021
$7,561
-2%
$270,330
1%
2020
$7,689
—
$268,100
—
2019
$7,694
2%
$268,100
—
2018
$7,552
3%
$268,100
—
2017
$7,306
2%
$268,100
—
2016
$7,177
1%
$268,100
1%
2015
$7,071
2%
$264,320
—
2014
$6,952
2%
$264,320
—
2011
$6,833
—
$264,320
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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14 Elm Street, New Milford, CT 06776 (MLS# 24141791) is a Multi-Family property with 6 units containing 2 bedrooms and 2 full bathrooms. 14 Elm Street is currently listed for $639,900 and was received on November 23, 2025. This property is listed by Todd P Sargent from our New Milford Office.Want to learn more about 14 Elm Street? Do you have questions about finding other Multi-Family real estate for sale in New Milford? You can browse all New Milford real estate or contact a Coldwell Banker agent to request more information.

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