165 RT 7 South Milton, Vermont 05468

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For Sale Status
$395,000 Price
Multi Type
4 Beds
2 Baths
3,448 Sqft
Listed By Mike Bishop of Century 21 The One
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Milton

Milton is a small town located in northern Chittenden County on the shores of Lake Champlain. It is a fifteen minute drive north of Burlington, Vermont’s largest city. Milton is the home of seven waterfalls, which provide a powerful source to...

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Opportunity to own or develop a Mixed-Use Multi-Family/Commercial property right in the center of Milton! The Upstairs is currently being used as a Doctors Office, could easily be converted back to a 3 Bedroom Apartment or keep as Commercial Space. Downstairs has a 1 Bedroom 1 Bath Apartment with separate entrance. Many updates, including updated Boiler, Roof, Windows, Driveway and Central Vacuum. This property also provides an opportunity for future development, opportunities could include a multi-floor multi-family property with underground parking, or a mix of Apartments and commercial space. Plenty of parking and plenty of visability. This is prime location with thousands of cars passing by each and every day, 15 mins to St. Albans, 20 minutes to Burlington.

Property Location

Property Details

MLS#  4857714 Bedrooms  4 Garage Size   Car
List Price  395,000 Total Bathrooms  2 Year Built  1970
Type  Multi-Family Lot Size  0.5300 Acres Taxes $7,557
Units  2 Stories  1 Road Frontage  
Annual Income  $34,800 Style  Ranch Water Frontage  
Annual Expenses  $0 Finished  3,448 Sqft Construction  No, Existing
Zoning   Mixed Above Grade  1,948 Sqft Seasonal  No
Total Rooms  4 Below Grade  1,500 Sqft List Date  Apr 27th, 2021
Gross Income  $34,800 Operating Expenses  $0 Net Income  $20,000
Expenses Includes 
Unit 1   3 Beds, 1 Baths, 1,948 SqFt, $1,900/Monthly Unit 2   1 Beds, 1 Baths, 1,500 SqFt, $1,000/Monthly
ConstructionWood Frame
BasementWalkout, Apartments, Finished
Interior Features
Exterior Features
Exterior  Vinyl Disability Features  
Foundation  Concrete House Color  
Floors   Building Certifications  
Roof  Shingle-Architectural HERS Index  
Directions
Lot Description, Level, City Lot, Open
Garage & Parking  No, ,
Road Frontage   Water Access  
Driveway  Gravel Water Type  
Flood Zone  Unknown Water Body  
Zoning  Mixed
School District  Milton Middle  Milton Jr High School
Elementary  Milton Elementary School High  Milton Senior High School
Heat Fuel   Excluded  
Heating/Cool  None, Multi Zone Negotiable  
Sewer  Public Parcel Access ROW  
Water  Public ROW for Other Parcel  
Water Heater  On Demand Financing  
Cable Co   Documents  
Electric  200 Amp Tax ID  396-123-13533
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† The remarks published on this webpage originate from Listed By Mike Bishop of Century 21 The One via the NNEREN IDX Program and do not represent the views and opinions of Coldwell Banker Hickok & Boardman. Coldwell Banker Hickok & Boardman Realty cannot be held responsible for possible violations of copyright resulting from the posting of any data from the NNEREN IDX Program.