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690-720 West Milton Road, Milton, VT 05468

$2,500,000
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Pending
BEDS16 BATHS8 full SQUARE FEET7,680 MLS#5068967
STATUSPending PROPERTY TYPEMulti Unit - Multiple SCHOOLMilton Town

Listing Courtesy of: Signature Properties of Vermont
Agency Contact: jarahr@signaturepropertiesvt.com
Associate Name: Blake Gintof
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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.

690-720 West Milton Road | MLS# 5068967

This multi-family property located at 690-720 West Milton Road, Milton, VT 05468 is currently listed for sale with an asking price of $2,500,000. 690-720 West Milton Road is located within the Milton Town school district. Search Milton real estate on www.masiellogrouprealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Full, Interior Stairs, Unfinished, Interior Access
Basement: Yes
Cooling: None
Heating: Oil, Forced Air, Hot Air
Home Style: Ranch
Lot Size: 10.00 Acres
Roof Type: Metal
Stories: 1.0
Taxes: $21,714
Year Built: 1970

Units

Unit 1:
Bathroom(s): 1
Bedrooms: 2
Rent: $1600.00
Unit 2:
Bathroom(s): 1
Bedrooms: 2
Rent: $1500.00
Unit 3:
Bathroom(s): 1
Bedrooms: 2
Rent: $1100.00
Unit 4:
Bathroom(s): 1
Bedrooms: 2
Rent: $1100.00
Square Footage: 768
Unit 5:
Bathroom(s): 1
Bedrooms: 2
Rent: $600.00
Square Footage: 768
Unit 6:
Bathroom(s): 1
Bedrooms: 2
Rent: $1100.00
Square Footage: 768
Unit 7:
Bathroom(s): 1
Bedrooms: 2
Rent: $1300.00
Unit 8:
Bathroom(s): 1
Bedrooms: 2
Rent: $1100.00

Feature Descriptions

Color: Yellow
Construction: Wood Frame, Vinyl Siding
Construction Status: Existing
Days on Site: 166
Driveway: Gravel
Driveway: Gravel
Electric: Circuit Breaker(s)
Exterior: Wood Frame, Vinyl Siding
Flood Zone: No
Foundation: Block, Concrete
Foundation: Block, Concrete
Lot: Country Setting, Level, Wooded
Roads: Public
Sewer: 1000 Gallon, Private, Septic
Sq. Ft. Total Finished: 7680
Total Stories: 1
Units: 10
Water: Drilled Well, Private, Shared
Zoning: Res

Local Schools

High School: Milton Senior High School
Middle School: Milton Jr High School
Elementary School: Milton Elementary School
School District: Milton Town

Listed By / Shown By

Listed By

Agency Name: Signature Properties of Vermont
Agency Contact: jarahr@signaturepropertiesvt.com
Agent Name: Blake Gintof

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Estimated Payment

$ 8,102.58 per month $5,563.92 Principal & Interest $1,809.50 Property Tax $729.17 Homeowner's Insurance

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