690-720 W Milton Rd, Milton, VT 05468

$1,900,000
7,680
SqFt

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Listing courtesy of The Signature Realty Group from Signature Properties of Vermont. (jarahr@signaturepropertiesvt.com)

Listing sold by from Home Run Realty, LLC

Sold Price
$1,900,000
List Price
$2,500,000
Status
CLOSED
MLS#
5068967
Closing Date
Jun 05, 2026
Living Area
7,680
Lot Size
435,600
Acres
10
Year Built
1970

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.

Additional Information

Taxes
$21,714
Listing Agent
The Signature Realty Group
Listing Office
Signature Properties of Vermont
Style
Ranch
School District
Milton Town
Elementary School
Milton Elementary School
Middle School
Milton Jr High School
High School
Milton Senior High School
Electric
Circuit Breakers
Utilities
Cable Available, Phone Available
Basement
Full, Interior Stairs, Unfinished, Interior Entry
Foundation
Block, Concrete
Sewer
1000 Gallon, Private Sewer, Septic Tank
Roof
Metal
Zoning
Res
Water
Drilled Well, Private Well, Shared System

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Calculator source: Real Geeks

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