690-720 West Milton Road, Milton, VT 05468
Local realty services provided by:ERA Key Realty Services
690-720 West Milton Road,Milton, VT 05468
$2,500,000
- 16 Beds
- 10 Baths
- 7,680 sq. ft.
- Multi-family
- Active
Listed by: blake gintofjarahr@signaturepropertiesvt.com
Office: signature properties of vermont
MLS#:5068967
Source:PrimeMLS
Price summary
- Price:$2,500,000
- Price per sq. ft.:$161.5
About this home
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.
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Home facts
- Year built:1970
- Listing ID #:5068967
- Added:40 day(s) ago
- Updated:December 17, 2025 at 01:34 PM
Rooms and interior
- Bedrooms:16
- Total bathrooms:10
- Full bathrooms:10
- Living area:7,680 sq. ft.
Heating and cooling
- Heating:Forced Air, Hot Air, Oil
Structure and exterior
- Roof:Metal
- Year built:1970
- Building area:7,680 sq. ft.
- Lot area:10 Acres
Schools
- High school:Milton Senior High School
- Middle school:Milton Jr High School
- Elementary school:Milton Elementary School
Utilities
- Sewer:Private, Septic
Finances and disclosures
- Price:$2,500,000
- Price per sq. ft.:$161.5
- Tax amount:$21,714 (2025)
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