- $2,500,000
- MLS#: 5068967
- 10
- # of Units
- 7,680
- Total Sq. Feet
- 10.00
- Acres
- $21,714
- Taxes
1 of 60
General Property Information
- Price:
- $2,500,000
- County:
- VT-Chittenden
- Acres:
- 10.00
- Property Type:
- Multi-Family
- Property Status:
- Active
- # of Units:
- 10
- Agency/Brokerage:
- Blake Gintof
Signature Properties of Vermont
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.
Features
- Property Type:
- Multi-Family
- # of Units:10
- Subdivision Name:
- Year Built:
- 1970
- Parking:
- Road Frontage:
- 0
- Acres:10.00
- Gross Income:
- 139,200
- Annual Expenses:
- 0
- # of Gas Meters:
- 10
- # of Electric Meters:
- 10
- Sq Ft (Above Ground):
- 7680
- Sq Ft (Below Ground):
- 0
- Total Sq Ft:
- 7680
- Land Description:Country Setting,Level,Wooded
- Elementary School:
- Milton Elementary School
- Middle School:
- Milton Jr High School
- High School:
- Milton Senior High School
- Financing Details:
- Documents Available:
Unit Information
Unit 1
- #Rooms:
- 4
- #Bedrooms:
- 2
- #Baths:
- 1
- Sq. Ft.:
- 768
- Floor:
- 1
- Unit Style:
- Monthly Rent:
- 1600.00
Unit 2
- #Rooms:
- 4
- #Bedrooms:
- 2
- #Baths:
- 1
- Sq. Ft.:
- 768
- Floor:
- 1
- Unit Style:
- Monthly Rent:
- 1500.00
Unit 3
- #Rooms:
- 4
- #Bedrooms:
- 4
- #Baths:
- 1
- Sq. Ft.:
- 768
- Floor:
- 1
- Unit Style:
- Monthly Rent:
- 1100.00
Unit 4
- #Rooms:
- 4
- #Bedrooms:
- 2
- #Baths:
- 1
- Sq. Ft.:
- 768
- Floor:
- 1
- Unit Style:
- Monthly Rent:
- 1100.00
Unit 5
- #Rooms:
- 4
- #Bedrooms:
- 2
- #Baths:
- 1
- Sq. Ft.:
- 768
- Floor:
- 1
- Unit Style:
- Monthly Rent:
- 600.00
Unit 6
- #Rooms:
- 4
- #Bedrooms:
- 2
- #Baths:
- 1
- Sq. Ft.:
- 768
- Floor:
- 1
- Unit Style:
- Monthly Rent:
- 1100.00
Unit 7
- #Rooms:
- 4
- #Bedrooms:
- 2
- #Baths:
- 1
- Sq. Ft.:
- 768
- Floor:
- 1
- Unit Style:
- Monthly Rent:
- 1300.00
Unit 8
- #Rooms:
- 4
- #Bedrooms:
- 2
- #Baths:
- 1
- Sq. Ft.:
- 768
- Floor:
- 1
- Unit Style:
- Monthly Rent:
- 1100.00
Other Information
- List Date:
- 2025-11-07
- Last Updated:
