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.
Active
Listed by:
Blake M Gintof,
Signature Properties of Vermont jarahr@signaturepropertiesvt.com
Price cut: $300K (12/3)
$2,500,000
690-720 West Milton Road, Milton, VT 05468
16beds
7,680sqft
Est.:
Multi Family
Built in 1970
-- sqft lot
$-- Zestimate®
$326/sqft
$-- HOA
What's special
Full basementsNew rear decksSteel roofs
- 60 days |
- 572 |
- 10 |
Zillow last checked: 8 hours ago
Listing updated: December 03, 2025 at 07:59am
Listed by:
Blake M Gintof,
Signature Properties of Vermont jarahr@signaturepropertiesvt.com
Source: PrimeMLS,MLS#: 5068967
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 16
- Bathrooms: 8
- Full bathrooms: 10
Heating
- Oil, Forced Air, Hot Air
Cooling
- None
Features
- Basement: Full,Interior Stairs,Unfinished,Interior Access,Interior Entry
Interior area
- Total structure area: 15,480
- Total interior livable area: 7,680 sqft
- Finished area above ground: 7,680
- Finished area below ground: 0
Property
Parking
- Parking features: Gravel
Features
- Levels: One
Lot
- Size: 10 Acres
- Features: Country Setting, Level, Wooded
Details
- Parcel number: 39612311875
- Zoning description: Res
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Ranch
- Property subtype: Multi Family
Materials
- Wood Frame, Vinyl Siding
- Foundation: Block, Concrete
- Roof: Metal
Condition
- New construction: No
- Year built: 1970
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: 1000 Gallon, Private Sewer, Septic Tank
- Water: Drilled Well, Private, Shared
- Utilities for property: Cable, Phone
Community & HOA
Location
- Region: Milton
Financial & listing details
- Price per square foot: $326/sqft
- Tax assessed value: $1,140,100
- Annual tax amount: $21,714
- Date on market: 11/7/2025
Estimated market value
Not available
Estimated sales range
Not available
$1,960/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 12/3/2025 | Price change | $2,500,000-10.7%$326/sqft |
Source: | ||
| 11/7/2025 | Listed for sale | $2,800,000$365/sqft |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | -- | $1,140,100 |
| 2023 | -- | $1,140,100 |
| 2022 | -- | $1,140,100 +64.2% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$13,444/mo
Principal & interest
$9694
Property taxes
$2875
Home insurance
$875
Climate risks
Neighborhood: 05468
Nearby schools
GreatSchools rating
- 4/10Milton Middle SchoolGrades: 5-8Distance: 3.4 mi
- 8/10Milton Senior High SchoolGrades: 9-12Distance: 3 mi
- 4/10Milton Elementary SchoolGrades: PK-4Distance: 3.5 mi
Schools provided by the listing agent
- Elementary: Milton Elementary School
- Middle: Milton Jr High School
- High: Milton Senior High School
- District: Milton Town
Source: PrimeMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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