Milton, VT | 349 Route 7 South

$12,000,000
MLS#: 4975008
16.95
Acres
0
Road Frontage
0
SQ. Feet
$160,247
Taxes
1 of 40

General Property Information

Price:
$12,000,000
Property Status:
Active Under Contract
County:
VT-Chittenden
Agency/Brokerage:
Blake Gintof
Signature Properties of Vermont

Incredible Investment Opportunity - 58 Townhouse Units! Welcome to a game-changing investment portfolio that's about to redefine your real estate journey! This property is a goldmine, featuring 58 townhouse units, each designed for maximum comfort and convenience. Of these 58 units, 40 are thoughtfully laid out as spacious 3-bedroom, 2.5 bath homes, providing ample space for families and professionals alike. The remaining 18 units offer a 2-bedroom, 2.5 bath layout, catering to various lifestyle preferences. Every unit has an unfinished full basement, garages for secure parking, and washer/dryer hook-ups for convenience. Moreover, all utilities are separately metered, ensuring simplicity in management and added value for tenants & landlords. One of the standout features of this investment is its condo minimized development, allowing for each unit to be sold individually if desired. This flexibility opens up incredible possibilities for any real estate investor. Whether you choose to rent out these units for a steady stream of passive income or sell them individually to maximize returns, the choice is yours. Priced at approximately $200,000 per unit, this portfolio offers substantial upside potential for investors. The demand for affordable housing in this area is ever-growing, making this an opportunity you won't want to miss. Seize the moment, secure your future, and turn your real estate dreams into reality with this exceptional investment portfolio!

Property Features

Year Built:
# of Stories:
Road Frontage:
0
Zoning:
Mixed
Acres:
16.95
Total Sq ft:
0
# of units:
58
Parking:
Assigned,Garage,On-Site,Other,Paved,Visitor
Basement:
Full,Stairs - Interior,Unfinished
Location:
Exterior Features:
Vinyl Siding
Sales Includes:
Land/Building
Roof Style:
Shingle - Architectural
Type:
Misc:
Foundation:
Poured Concrete
Fuel:
Heating & Cooling:
Baseboard,Hot Water,Multi Zone
Floors:
Financing:

Other Information

Source: Data provided by PrimeMLS, graph generated by Pall Spera Company
List Date:
2023-10-20
Last Updated:
2024-01-24 15:54:57

Stowe Office

Pall Spera

(P) 802.253.9771
(F) 802.253.9993
email

Ask About this Property
Your Name:


Your Email Address:


Message: