690-720 West Milton Road Milton, Vermont - Sold in 2026

690-720 West Milton Road Milton, Vermont 05468 MLS# 5068967

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Sold Status

$1,900,000 Sold Price

Multi Type

16 Beds

8 Baths

7,680 Sqft

Listed By The Signature Realty Group of Signature Properties of Vermont
Sold By Home Run Realty, LLC
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Milton

690-720 West Milton Road

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.

Property Location

690-720 West Milton Road Milton

Property Details

Sold Price  $1,900,000 Sold Date  Jun 5th, 2026
List Price  2,500,000 Bedrooms  16 Garage Size   Car
Cooperation Fee  Unknown Total Bathrooms  8 Year Built  1970
MLS#  5068967 Lot Size  10 Acres Taxes $21,714
Type  Multi-Family Days on Market  228 Days Tax Year 2025
Units  10 Stories  1 Road Frontage  
Annual Income  $139,200 Style   Water Frontage  
Annual Expenses  $0 Finished  7,680 Sqft Construction  No, Existing
Zoning   Res Above Grade  7,680 Sqft Seasonal  No
Total Rooms  16 Below Grade  0 Sqft List Date  Nov 7th, 2025
Gross Income  $139,200 Operating Expenses  $0 Net Income  $107,998
Expenses Includes 
Unit 1   2 Beds, 1 Baths, 768 SqFt, $1,600/Monthly Unit 2   2 Beds, 1 Baths, 768 SqFt, $1,500/Monthly
Unit 3   2 Beds, 1 Baths, 768 SqFt, $1,100/Monthly Unit 4   2 Beds, 1 Baths, 768 SqFt, $1,100/Monthly
Unit 5   2 Beds, 1 Baths, 768 SqFt, $600/Monthly Unit 6   2 Beds, 1 Baths, 768 SqFt, $1,100/Monthly
Unit 7   2 Beds, 1 Baths, 768 SqFt, $1,300/Monthly Unit 8   2 Beds, 1 Baths, 768 SqFt, $1,100/Monthly
Construction
BasementInterior, Unfinished, Full, Unfinished, Interior Access
Interior Features
Exterior Features
Exterior   Disability Features  
Foundation   House Color  Yellow
Floors   Building Certifications  
Roof  Metal HERS Index  
Directions
Lot DescriptionUnknown, Level, Wooded
Garage & Parking  No
Road Frontage   Water Access  
Driveway  Gravel Water Type  
Flood Zone  No Water Body  
Zoning  Res
School District  Milton Town Middle  Milton Jr High School
Elementary  Milton Elementary School High  Milton Senior High School
Heat Fuel  , Oil Excluded  
Heating/Cool  None, Hot Air Negotiable  
Sewer  1000 Gallon, Septic, Private Parcel Access ROW  
Water   ROW for Other Parcel  
Water Heater   Financing  
Cable Co  Comcast Documents  
Electric  Circuit Breaker Tax ID  396-123-11875
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† The remarks published on this webpage originate from Listed By The Signature Realty Group of Signature Properties of Vermont via the PrimeMLS IDX Program and do not represent the views and opinions of Coldwell Banker Hickok & Boardman. Coldwell Banker Hickok & Boardman cannot be held responsible for possible violations of copyright resulting from the posting of any data from the PrimeMLS IDX Program.