690-720 W Milton Rd Milton, VT 05468
Estimated payment $16,538/month
Highlights
- 10 Acre Lot
- Forced Air Heating System
- Level Lot
- Wooded Lot
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.
Listing Agent
Signature Properties of Vermont Brokerage Email: jarahr@signaturepropertiesvt.com License #081.0134224 Listed on: 11/07/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $21,714
Year Built
- Built in 1970
Lot Details
- 10 Acre Lot
- Property fronts a private road
- Level Lot
- Wooded Lot
Parking
- Gravel Driveway
Home Design
- Concrete Foundation
- Block Foundation
- Wood Frame Construction
- Metal Roof
- Vinyl Siding
Interior Spaces
- Property has 1 Level
Bedrooms and Bathrooms
- 16 Bedrooms
- 8 Bathrooms
Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Schools
- Milton Elementary School
- Milton Jr High Middle School
- Milton Senior High School
Utilities
- Forced Air Heating System
- Separate Meters
- Private Water Source
- Shared Water Source
- Drilled Well
- Septic Tank
- Cable TV Available
Community Details
Overview
- 10 Units
Building Details
- Gross Income $139,200
- Net Operating Income $107,998
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/07/2025 11/07/25 | For Sale | $2,800,000 | -- | $365 / Sq Ft |
Source: PrimeMLS
MLS Number: 5068967
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