Listed by The Signature Realty Group • Signature Properties of Vermont (jarahr@signaturepropertiesvt.com). Bought with Home Run Realty, LLC.
Sold on Jun 2026
$1,900,000
16
bd
•
10 ba
•
7,680
sq ft
690-720 W Milton Rd, Milton, VT 05468
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.
Multi-familyProperty Type
1970Year Built
10 acresLot Size
$247Price/Sq.Ft.
Listed by The Signature Realty Group• Signature Properties of Vermont
The purpose of the Agricultural/Rural Residential District is to foster the development of clustered, low density housing, working farms and forest and other natural resource-based uses 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.