60
See all 60 photos
$2,800,000
Est. payment /mo
16 Beds
8 Baths
7,680 SqFt
Active
690-720 West Milton RD Milton, VT 05468
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 7,680 sqft
Price per Sqft $364
MLS Listing ID 5068967
Bedrooms 16
Full Baths 8
Construction Status Existing
Year Built 1970
Annual Tax Amount $21,714
Tax Year 2025
Lot Size 10.000 Acres
Acres 10.0
Property Description
Turnkey Investment Opportunity! This rare 10-acre multifamily portfolio includes five duplexes, each offering over 1,500 sq. ft. of heated space plus full basements. Each sub-unit features 2 bedrooms and 1 bath, ideal for consistent occupancy and easy management. The property is fully rented, with a resident manager on-site and all tenants on month-to-month agreements, allowing for immediate rent growth or repositioning. Well-maintained and privately owned since the 1970s, the complex has strong rental history and long-term tenants. Major improvements include new furnaces (2015–2016), oil tanks (2015–2017), vinyl siding (2007), steel roofs (2008), updated water system (2021), septic upgrade (2022), new well pump (2023), and new rear decks (2024–2025). The 11' x 11' pump house was rebuilt this month, ensuring smooth operations. Located in a quiet rural setting yet minutes to local amenities, schools, and major routes, this well-cared-for property offers the best of both worlds—privacy for tenants and convenience for management. With low vacancy history, strong demand, and room for future development or rent optimization, this is a rare chance to acquire a high-performing, low-maintenance portfolio positioned for long-term appreciation and reliable returns. With solid infrastructure, flexible tenancy, this is a proven, cash-flowing asset with significant upside potential for a stable, long-held multifamily property in a strong rental market.
Location
State VT
County Vt-chittenden
Area Vt-Chittenden
Zoning Res
Rooms
Basement Entrance Interior
Basement Full, Interior Stairs, Unfinished, Interior Access
Interior
Cooling None
Exterior
Utilities Available Cable, Phone
Roof Type Metal
Building
Story 1
Sewer 1000 Gallon, Private, Septic
Architectural Style Ranch
Construction Status Existing
Schools
Elementary Schools Milton Elementary School
Middle Schools Milton Jr High School
High Schools Milton Senior High School
School District Milton Town
GET MORE INFORMATION