Listed by The Jarvis a Realty Group • KW Vermont. Bought with RE/MAX North Professionals.
Off Market May 2018 for $385K
$653,594
Est. refi paymentEst. refi$2,418/mo
8
bd
•
4 ba
•
3,498
sq ft
278-284 Manley Rd, Milton, VT 05468
About this home
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!
Multi-familyProperty Type
1981Year Built
4.6 acresLot Size
$187Est. Price/Sq.Ft.
Listed by The Jarvis a Realty Group• KW Vermont
Bought with Debbi Burton• RE/MAX North Professionals
Great Investment Property! Fully rented 4 unit on 4.6 acres in a great location close to exit 18 off I-89 featuring 864 sq ft per unit, 2 BR and 1 bath each, appliances included, tenants pay utilities, onsite drilled well and septic, recent window replacement and much more!
Public Records
Jul 26, 2001
Sold
$214,500
$61/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$5,482 (−3.7%)
$125,500 + $268,100
$393,600
2024
$5,694 (+11.3%)
$125,500 + $268,100
$393,600
2023
$5,115 (−28.3%)
$125,500 + $268,100
$393,600
2022
$7,134 (+8.2%)
$125,500 + $268,100
$393,600
2021
$6,591 (+4.6%)
$99,064 + $176,196
$275,260
2020
$6,304 (+4.1%)
$99,064 + $176,196
$275,260
2019
$6,058 (+2.4%)
$99,064 + $176,196
$275,260
2018
$5,919 (+3.9%)
$99,000 + $239,080
$338,080
2017
$5,697 (+3.5%)
$99,000 + $239,080
$338,080
2016
$5,507 (+0.2%)
$99,000 + $239,080
$338,080
2015
$5,498 (+4.5%)
$99,000 + $239,080
$338,080
2014
$5,260 (+1,126.2%)
$99,000 + $239,080
$338,080
2011
$429
Tax history for 278-284 Manley Rd
Year
Property tax
Land + Additions
Assessment*
2025
$5,482 (−3.7%)
$125,500 + $268,100
$393,600
2024
$5,694 (+11.3%)
$125,500 + $268,100
$393,600
2023
$5,115 (−28.3%)
$125,500 + $268,100
$393,600
2022
$7,134 (+8.2%)
$125,500 + $268,100
$393,600
2021
$6,591 (+4.6%)
$99,064 + $176,196
$275,260
2020
$6,304 (+4.1%)
$99,064 + $176,196
$275,260
2019
$6,058 (+2.4%)
$99,064 + $176,196
$275,260
2018
$5,919 (+3.9%)
$99,000 + $239,080
$338,080
2017
$5,697 (+3.5%)
$99,000 + $239,080
$338,080
2016
$5,507 (+0.2%)
$99,000 + $239,080
$338,080
2015
$5,498 (+4.5%)
$99,000 + $239,080
$338,080
2014
$5,260 (+1,126.2%)
$99,000 + $239,080
$338,080
2011
$429
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
8
Baths
4
Stories
2
Lot width
—
Lot depth
—
Lot size
—
Year renovated
—
Sq. Ft.
3,498
Year built
1981
Style
Condo/Co-op
County
Chittenden County
APN
39612311234
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 15, 2026.
R4
Transitional Residential District
The purpose of the Transitional Residential District is to foster the development of clustered low density housing and working farms and forest by: Accommodating new development that avoids environmental limitations and preserves working farm and forest lands.; Stabilizing existing residential neighborhoods, and retaining existing and creating additional owner-occupied housing.; Encouraging quality and efficient construction with durable, lowmaintenance materials and distinctive designs.
Permitted uses
Include but are not limited to:
Housing-Single unit
Fire house
Police station
Recreation
Park & open space
Property details
Interior
Virtual Tour
Exterior
Building Information
Construction Status: Existing
Approximate Sq. Ft. Total Finished: 3498
Approximate Sq. Ft. Total: 3498
Lot, Zoning, & Easement Information
Open, Wooded
Income Information
Net Income: $34,099
Survey Information
Surveyed: Unknown
Other Property & Lot Information
Year Built: 1981
Financial
Tax Information
Tax Year: 2018
Taxes Expenses: 5698
Gross Amount Tax: 5697.87
SPAN Number: 396-123-11234
Other Tax Information
Page Deed: 56-58
Utilities
Trash Information
Trash Expenses: 1360
Owner
Other Utilities Information
Utility Expenses: 553
Yes
Location
Multi-Unit Information
Unit Lease Term: Annual
Total Units: 4
# of 2 Bedroom Units: 4
# of Baths (full): 4
Water: Drilled Well, Shared
Sewer: Septic, Shared
Electric: Circuit Breaker(s)
Construction: Other
Foundation: Slab - Concrete
Exterior: Aluminum, Vinyl
Roof: Shingle - Asphalt
Driveway: Gravel
Heating: Electric
Heat Fuel: Electric
Cooling: None
Water Heater: Electric
Unit 1 Information
Unit 1 Approximate Sq. Ft.: 864
Unit 1 Baths: 1
Unit 1 Bedrooms: 2
Unit 1 Lease Term: Annual
Unit 1 Rooms: 4
Unit 2 Information
Unit 2 Approximate Sq. Ft.: 864
Unit 2 Baths: 1
Unit 2 Bedrooms: 2
Unit 2 Rooms: 4
Unit 3 Information
Unit 3 Approximate Sq. Ft.: 864
Unit 3 Baths: 1
Unit 3 Bedrooms: 2
Unit 3 Lease Term: Month to Month
Unit 3 Rooms: 4
Unit 4 Information
Unit 4 Approximate Sq. Ft.: 864
Unit 4 Baths: 1
Unit 4 Bedrooms: 2
Unit 4 Lease Term: Month to Month
Unit 4 Rooms: 4
School Information
School District: Milton
Elementary School: Milton Elementary School
Elementary School: Milton Elementary School
Middle/Jr School: Milton Jr High School
Road Information
Road Frontage: Yes
Road Frontage Length: 628
Public
Other Location Information
Directions: Rte 7 in Milton, left to Lake Rd, right on Manley, property on left.
Public facts
Beds: 8
Baths: 4.0
Sq. Ft.: 3,498
Stories: 2.0
Lot Size: —
Style: Condo/Co-op
Year Built: 1981
Year Renovated: —
County: Chittenden County
APN: 39612311234
Home facts updated by county records on Jul 15, 2026