3 Merrill Lane Milton, Vermont 05468 MLS# 4976499

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For Sale Status

$1,500,000 List Price

Multi Type

2 Beds

15 Baths

6,576 Sqft

Listed By Blake Gintof of Signature Properties of Vermont

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3 Merrill Lane
3 Merrill Lane
3 Merrill Lane
3 Merrill Lane
3 Merrill Lane
3 Merrill Lane
3 Merrill Lane
3 Merrill Lane
3 Merrill Lane
3 Merrill Lane

Introducing "Bear Creek I" – an exceptional investment opportunity in the heart of this vibrant town. This 6-unit condominium project seamlessly combines the best of community living and individual ownership. Whether you're looking to secure your financial future or make a quick return on your investment, "Bear Creek I" is tailor-made for you. Each of these 2-bedroom, 1.5-bath units is a haven for renters, featuring coveted amenities that make them highly sought-after. A private garage ensures your tenants vehicle is safe and sound, while ample storage space simplifies their life. Step out onto the back deck and savor peaceful moments and enjoy the convenience of in-unit washer/dryer hookups. The spacious and well-designed open floor plan, with approximately 1,100 square feet of living space in each unit, creates a welcoming atmosphere that's perfect for entertaining or simply relaxing. But what truly sets "Bear Creek I" apart is its flexibility. Purchase all six units as a package for a compelling addition to your rental portfolio or choose to sell individual units to suit your unique needs. Your options are as limitless as the potential returns. This prime location offers the best of town living, with everything you need just moments away. Don't miss out on this golden opportunity to own a piece of this wonderful town's future. Act now and make these desirable units at "Bear Creek I" your own – the choice is yours.

Property Location

3 Merrill Lane Milton

Property Details

MLS#  4976499 Bedrooms  2 Garage Size  1 Car
List Price  1,500,000 Total Bathrooms  15 Year Built  2006
Type  Multi-Family Lot Size   Acres Taxes $24,554
Units  6 Stories  2 Road Frontage  
Annual Income  $90,859 Style   Water Frontage  
Annual Expenses  $0 Finished  6,576 Sqft Construction  No, Existing
Zoning   M4-C Above Grade  6,576 Sqft Seasonal  No
Total Rooms  2 Below Grade  0 Sqft List Date  Nov 2nd, 2023
Gross Income  $90,859 Operating Expenses  $0 Net Income  $0
Expenses Includes 
Unit 1   2 Beds, 15 Baths, 1,096 SqFt, $1,400/Monthly Unit 2   Beds, Baths, $1,375/Monthly
Unit 3   Beds, Baths, $1,375/Monthly Unit 4   Beds, Baths, $1,375/Monthly
Unit 5   Beds, Baths, $1,400/Monthly Unit 6   Beds, Baths, $1,375/Monthly
BasementWalk-up, Assigned Storage, Storage Space, Locked Storage Space, Interior Stairs, Interior Access
Interior Features
Exterior Features
Exterior   Disability Features  
Foundation  Poured Concrete House Color  Yellow
Floors   Building Certifications  
Roof  Shingle-Architectural HERS Index  
Lot DescriptionUnknown
Garage & Parking  Yes, Assigned, Assigned, Attached
Road Frontage   Water Access  
Driveway  Paved Water Type  
Flood Zone  No Water Body  
Zoning  M4-C
School District  Milton Middle  Milton Jr High School
Elementary  Milton Elementary School High  Milton Senior High School
Heat Fuel   Excluded  
Heating/Cool  None, Baseboard, Hot Water Negotiable  
Sewer  Public Parcel Access ROW  
Water   ROW for Other Parcel  
Water Heater   Financing  
Cable Co  Comcast Documents  
Electric  Circuit Breaker Tax ID  396-123-10305

† The remarks published on this webpage originate from Listed By Blake Gintof of Signature Properties of 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.