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About the Listing 399 - 1818
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 Highlights
Status
Pending
Days on Site
100
Property Type
Multi-Family
MLS ®
5068967
Year Built
1970
Total Square Footage
7,680
Lot/Acreage
10
County
Chittenden
Building Name
Monthly
School District
Milton Town
Elementary School
Milton Elementary School
Middle School
Milton Jr High School
High School
Milton Senior High School
Interior Details
- Bedrooms: 16
- Bathrooms: 6 Full
- Appliances:
- Air Cond:
- Heating: Oil,Forced Air,Hot Air
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 7680
- Below Ground Sq Ft: n/a
- Basement: Yes,Full,Interior Stairs,Unfinished,Interior Access
- Other:
- Water:
Exterior Details
- Lot Description: Existing
- Garage Capacity: N/A
- Zoning: Res
- Roof: Metal
- Others:
- Sewer: 1000 Gallon,Private,Septic
Financial Details
- Tax Amount: $21,714
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
Monthly Payment
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- in Taxes
Years
% Down Payment
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Questions About..
690-720 West Milton Rd Milton, VT 05468
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