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  • 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
    : 
    Multi Family
    Built in 1970
    -- sqft lot
    $-- Zestimate®
    $326/sqft
    $-- HOA

    What's special

    Full basementsNew rear decksSteel roofs
    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.
    60 days
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    574
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    10
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    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#: 5068967MLS Logo

    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
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    Estimated market value

    Not available

    Estimated sales range

    Not available

    $1,960/mo

    Price history

    Price history
    DateEventPrice
    12/3/2025Price change$2,500,000-10.7%$326/sqft
    Source: PrimeMLS #5068967 Report a problem
    11/7/2025Listed for sale$2,800,000$365/sqft
    Source: PrimeMLS #5068967 Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax 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
      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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