NOT LISTED FOR SALE

278 Manley Rd Milton, VT 05468

8 Beds
4 Baths
3,498 Sq Ft
4.6 Acres

Last Sold May 10, 2018

Last sale price $385,000 $110 Per Sq Ft

5 Days on Market

Highlights

  • 4.6 Acre Lot
  • Wooded Lot
  • Open Lot

About This Home

As of May 2018

Here is a rare opportunity to own a fully rented, 4 unit multi-family investment property with great cash flow. The property sits on over 4 acres of common land. Each apartment is identical and features 2 bedrooms and 1 full bath. All units have been completely updated in recent years with new kitchen cabinets, countertops, appliances, flooring, electrical and much more. Other improvements include a new septic system in 2010, new roof in 2018, upgraded water system in 2017 and a new shed was built in 2013. This property is the definition of turn key and is sure to not last long in today's market!

Last Agent to Sell the Property

The Jarvis a Realty Group

KW Vermont Listed on: 04/03/2018

Last Buyer's Agent

Debbi Burton

RE/MAX North Professionals License #082.0134475

RE/MAX North Professionals

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,698

Year Built

  • Built in 1981

Lot Details

  • 4.6 Acre Lot
  • Open Lot
  • Lot Sloped Up
  • Wooded Lot

Parking

  • Gravel Driveway

Home Design

  • Slab Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 4 Full Bathrooms
  • 3,498 Sq Ft Home
  • 2-Story Property

Schools

  • Milton Elementary School
  • Milton Jr High Middle School
  • Milton Senior High School

Utilities

  • Separate Meters
  • Shared Water Source
  • Drilled Well
  • Electric Water Heater
  • Septic Tank
  • Shared Sewer

Community Details

Overview

  • 4 Units

Building Details

  • Gross Income $47,280
  • Net Operating Income $34,099

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,698

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Multi-Family
  • Directions: Rte 7 in Milton, left to Lake Rd, right on Manley, property on left.
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 110.06
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 3498
  • Sq Ft - Apx Total Finished: 3498
  • Year Built: 1981
  • List Agent: 280688
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Sq Ft - Apx Finished AG: 3498

Exterior Features

  • Driveway: Gravel
  • Exterior: Aluminum, Vinyl
  • Foundation: Slab - Concrete
  • Road Frontage: Yes
  • Roads: Public
  • Roof: Shingle - Asphalt

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Septic, Shared
  • Water: Drilled Well, Shared
  • Water Heater: Electric
  • Heating Fuel: Electric
  • Heating: Electric
  • Separate Utilities: Yes
  • Trash: Owner

Condo/Co-op/Association

  • Management Company: Self Managed

Fee Information

  • Tax Class: Non-Homestead

Schools

  • Elementary School: Milton Elementary School
  • High School: Milton Senior High School

Lot Info

  • Lot Sq Ft: 200376
  • Lot Acres: 4.6
  • Lot Description: Open, Wooded
  • Surveyed: Unknown
  • Zoning: Residential
  • Deed Book: 378
  • Deed Page: 56-58
  • Deed Recorded Type: Multiple
  • Total Deeds: 2

Multi Family

  • Gross Income: 47280
  • Net Income: 34099
  • Total Full Baths: 4
  • Total Units: 4
  • Total2 Bedroom Units: 4

Tax Info

  • Tax Gross Amount: 5697.87
  • Tax Year: 2018

MLS Schools

  • School District: Milton
  • School Middle Jr: Milton Jr High School

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/10/2018 05/10/18 Sold $385,000 +0.5% $110 / Sq Ft
04/08/2018 04/08/18 Pending -- -- --
04/03/2018 04/03/18 For Sale $382,900 -- $109 / Sq Ft
Source: PrimeMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2018

    The Jarvis a Realty Group

    KW Vermont

  • Debbi Burton

    Buyer's Agent in 2018

    Debbi Burton

    RE/MAX

    (802) 343-2233

    17 Total Sales

    Debbi Burton
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Map

Source: PrimeMLS

MLS Number: 4683882

PrimeMLS

APN: (123) 219054.000000

Vermont Chittenden County Milton 05468

278 Manley Rd, Milton, VT

Not Listed for Sale

MultiFamily

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