278-284 Manley Road Milton, Vermont 05468 MLS# 4683882

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Sold Status

$385,000 Sold Price

Multi Type

8 Beds

4 Baths

3,498 Sqft

Listed By of KW Vermont
Sold By RE/MAX North Professionals
✉ 🖶

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278-284 Manley Road

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! †

Property Location

278-284 Manley Road Milton

Property Details

Sold Price  $385,000 Sold Date  May 10th, 2018
MLS#  4683882 Bedrooms  8 Garage Size   Car
List Price  382,900 Total Bathrooms  4 Year Built  1981
Type  Multi-Family Lot Size  4.6000 Acres Taxes $5,698
Units  4 Stories  2 Road Frontage  628
Annual Income  $0 Style  Multi-Family Water Frontage  
Annual Expenses  $0 Finished  3,498 Sqft Construction  No, Existing
Zoning   Residential Above Grade  3,498 Sqft Seasonal  No
Total Rooms  8 Below Grade  0 Sqft List Date  Apr 3rd, 2018
Gross Income  $0 Operating Expenses  $0 Net Income  $47,280
Expenses Includes 
Unit 1   2 Beds, 1 Baths, 864 SqFt, $985/Monthly Unit 2   2 Beds, 1 Baths, 864 SqFt, $985/Monthly
Unit 3   2 Beds, 1 Baths, 864 SqFt, $985/Monthly Unit 4   2 Beds, 1 Baths, 864 SqFt, $985/Monthly
ConstructionOther
Basement
Interior Features
Exterior Features
Exterior  Aluminum, Vinyl Disability Features  
Foundation  Slab - Concrete House Color  
Floors   Building Certifications  
Roof  Shingle-Asphalt HERS Index  
DirectionsRte 7 in Milton, left to Lake Rd, right on Manley, property on left.
Lot Description, Wooded Setting, Wooded
Garage & Parking  No, ,
Road Frontage  628 Water Access  
Driveway  Gravel Water Type  
Flood Zone  No Water Body  
Zoning  Residential
School District  Milton Middle  Milton Jr High School
Elementary  Milton Elementary School High  Milton Senior High School
Heat Fuel  , Electric Excluded  
Heating/Cool  None, Electric Negotiable  
Sewer  Shared, Septic Parcel Access ROW  
Water  Drilled Well, Shared ROW for Other Parcel  
Water Heater  Electric Financing  
Cable Co   Documents  
Electric  Circuit Breaker Tax ID  396-123-11234
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† The remarks published on this webpage originate from Listed By of KW Vermont 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.