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Executive Summary

Multi family for redevelopment or rehab on 4 level acres. Preliminary engineering and surveys now available. The redevelopment proposes 50-60+ bedrooms based on approval and water capacity. Existing structures with 5 apartments are being served by private septics/wells. Aquarion water service located an adjacent parcel.
The main building was previously operated as The North Country Inn with 3 apartments above and a 5 year old roof. This portion was added to the original main house built in the 1600's with some original floors, beams and fire place. Previous owner roughed in 2 owner apt units upstairs. A second 2 family building has 2 apts recently vacated with a new roof and a 3rd unit roughed in. Single family house and retail/barn are also onsite and considered to be in tear down condition. All buyers should use due diligence on legal status of units.

Property Facts

Price $950,000
Price Per Unit $158,333
Sale Type Investment
Sale Condition Redevelopment Project
No. Units 6
Property Type Multifamily
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
  • Office Office Residential
Apartment Style Mid-Rise
Building Class C
Lot Size 4.05 AC
Building Size 14,000 SF
Average Occupancy 0%
No. Stories 2
Year Built 1789
Zoning B1 - Retail/Business/Residential

Amenities

Unit Amenities

  • Fireplace
  • Kitchen
  • Refrigerator
  • Basement
  • Built-In Bookshelves
  • Dining Room
  • Office
Not walkable
10/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100

Property Taxes

Property Taxes

Parcel Number
NMIL-000040-000000-000098-C000000
Land Assessment
$212,640
Improvements Assessment
$262,570
Total Assessment
$475,210
  • Listing ID: 40093573

  • Date on Market: 4/9/2026

  • Last Updated:

  • Address: 329 Kent Rd, New Milford, CT 06776

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