Sold Status
$1,900,000 Sold Price
Multi Type
16 Beds
8 Baths
7,680 Sqft
Sold By Home Run Realty, LLC
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Milton
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
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 |

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