61 Park Lane Road New Milford, CT $ 579,900
61 Park Lane Road
$ 579,900
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61 Park Lane Road

New Milford, CT, 06776
$ 579,900
Bedrooms5 Baths2.0 Sq 2,925

Monthly Estimate*

$ 3,618

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Multi-Family Home for sale in New Milford, CT

for $579,900 with 5 bedrooms and 2 full baths. This 2,925 square foot home was built in 1915 on a lot size of 1.05.

This One Is Just Right! Step into the charm of this Progressive Era beautiful 2-family home set on 1+ acre in New Milford's flexible B1 zone. With over 2,600 sq ft of living space, this property offers income potential, character, and room to grow. The main level unit features 3 bedrooms, 1 bath, soaring 9' ceilings, an eat-in kitchen, spacious rooms, basement access, and a gorgeous wraparound covered front porch perfect for relaxing or entertaining. The upper-level unit has 2 bedrooms, 1 bath, large living spaces, its own eat-in kitchen, and access to a massive walk-up attic-ideal for future expansion or a potential 3rd unit (subject to approvals). Both units have separate utilities, (Including public water) newer roof, windows, and mechanicals. The detached 2-car garage adds additional value and currently brings in $5,100 annually in rental income. Fully rented, this home is a great condo alternative, ideal for investors or owner-occupants looking to live in one unit and rent the other. Don't miss this rare opportunity to own a turn-of-the-century gem that's both functional and full of potential.

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Multi-Family Contingent

Price

$ 579,900

Bedrooms

5

Full Bath

2

Property Type

Multi-Family

Taxes

$ 8,235

Style

Lot Size

1.05

Year Built

1915

Town/City

New Milford

MLS | Web ID

24104464

Features
General
Zoning B1
Neighborhood Park Lane
County Litchfield
Tax Year July 2025-June 2026
Property Type Multi-Family For Sale
Status Under Contract - Continue to Show
Acres 1.05
Directions Park Lane Road IS Route 202 to #61. Park in Rear
High School New Milford
City New Milford
Elementary School Per Board of Ed
Sq Ft Total 2925
DOM 161
Year Built 1915
Style Units on different Floors
Year Built Source Public Records
Net Operating Income 40812
Energy Features Ridge Vents Thermopane Windows
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Interior
Cooling System None
Total Number of Units 2
Total Rooms 11
Basement Description Full Unfinished Storage Interior Access Concrete Floor Full With Hatchway
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Exterior
Water Source Public Water Connected
Lot Description Level Lot Rolling
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* Excluded Features
List By
Todd Sargent

Listing Agent

Coldwell Banker Realty

Broker

todd.sargent@cbmoves.com

Email

Affordability Calculator

$4,304
Per Month
84%
16%
0%
Monthly Principal & Interest
$3,618
Monthly Property Taxes
$686
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2060291 Elementary School
4705602 Middle School
New Milford High School High School
Pricing History
DatePricePrice ChangeDescription
7/30/2025$579,900 -3.33% Price Down
7/9/2025$599,900 -7.69% Price Down
6/26/2025$649,900 Listed Price

Map


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61 Park Lane Road, New Milford, CT, 06776 is a Multi-Family Home for sale at $579,900 with 2,925 sqft and a lot size of 1.05. 61 Park Lane Road has 5 bedrooms, 2.0 baths, and was built in 1915. The property's zip code is 06776 which is in New Milford, CT