690-720 West Milton RD, Milton, VT 05468
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690-720 West Milton RD, Milton, VT 05468
690-720 West Milton RD, Milton, VT 05468
690-720 West Milton RD, Milton, VT 05468
690-720 West Milton RD, Milton, VT 05468
Listed by The Signature Realty Group • Signature Properties of Vermont • [email protected]
Bought with Tyler Stanislas • Home Run Realty, LLC

$1,900,000

Est. payment /mo

$2,500,000

24.0%
Est.Price: ?

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690-720 West Milton RD Milton, VT 05468

16 Beds

8 Baths

7,680 SqFt

SOLD DATE : 06/05/2026

Key Details

Sold Price $1,900,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 7,680 sqft

Price per Sqft $247

MLS Listing ID 5068967

Sold Date 06/05/26

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

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