278-284 Manley Rd

3,498 Sq. Ft.
$110 / Sq. Ft.
3,498
Sq. Ft.
$110
per Sq. Ft.

Description

Here is a rare opportunity to own a fully rented, 4 unit multi-family investment property with great cash flow. The property sits on over 4 acres of common land. Each apartment is identical and features 2 bedrooms and 1 full bath. All units have been completely updated in recent years with new kitchen cabinets, countertops, appliances, flooring, electrical and much more. Other improvements include a new septic system in 2010, new roof in 2018, upgraded water system in 2017 and a new shed was built...Here is a rare opportunity to own a fully rented, 4 unit multi-family investment property with great cash flow. The property sits on over 4 acres of common land. Each apartment is identical and features 2 bedrooms and 1 full bath. All units have been completely updated in recent years with new kitchen cabinets, countertops, appliances, flooring, electrical and much more. Other improvements include a new septic system in 2010, new roof in 2018, upgraded water system in 2017 and a new shed was built in 2013. This property is the definition of turn key and is sure to not last long in today's market!
  1. Listed by The Jarvis a Realty Group • KW Vermont

Sold By RE/MAX North Professionals

Property Details for 278-284 Manley Road

Zoning
Residential
LISTING CLOSED: 05/10/2018 12:00 AM

Property Details for 278-284 Manley Road

StatusClosed
MLS #4683882
Days on Market5
Taxes$5,698 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti Family
Year Built1981
Lot Size4.60 AC / 200,376 SF
CountyChittenden County
Add your commute

Building Information for 278-284 Manley Road

Stories2Residences4Year Built1981Building Size-Lot Size4.60 AC / 200,376 SF

Payment Calculator

$2,393 per month

30 year fixed, 6.36% Interest

Principal and Interest

$1,918

Property Taxes

$475

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 278-284 Manley Road

Summary
Location and General Information
  • City: Milton
  • County: VT-Chittenden
  • Directions: Rte 7 in Milton, left to Lake Rd, right on Manley, property on left.
  • Road Frontage: Yes
  • Seasonal: No
  • State: VT
  • Street Designation: Road
  • Zip: 05468
Taxes and HOA Information
  • Tax Expenses: $5,698.00
  • SPAN Number: 396-123-11234
  • Tax - Gross Amount: $5,697.87
  • Tax Year: 2018
  • Taxes TBD: No
School Information
  • School - High: Milton Senior High School
  • School - District: Milton
  • School - Elementary: Milton Elementary School
  • School - Middle/Jr: Milton Jr High School
Parking
  • Garage: No
  • Driveway: Gravel
Property
Lot Information
  • Lot - Sqft: 200376.0
  • Lot Size Acres: 4.6
  • Road Frontage Length: 628.0
  • Square Feet Apx Finished Above Grade: 3498.0
  • Square Feet Apx Finished AG Source: Public Records
  • Square Feet Apx Finished Below Grade: 0.0
  • Square Feet Apx Finished BG Source: Other
  • Square Feet Apx Total: 3498.0
  • Square Feet Apx Total Finished: 3498.0
  • Square Feet Apx Unfinished Above Grade: 0.0
  • Square Feet Apx Unfinished AG Source: Public Records
  • Square Feet Apx Unfinished Below Grade: 0.0
  • Square Feet Apx Unfinished BG Source: Other
Property and Assessments
  • Property Class: Multi-Family
  • Construction Status: Existing
  • Flood Zone: No
  • Foundation: Slab - Concrete
  • PreConstruction: No
  • Surveyed: Unknown
  • Year Built: 1981
Utilities
  • Electric: Circuit Breaker(s)
  • Sewer: Septic, Shared
  • Separate Utilities: Yes
Interior and Exterior Features
Exterior Features
  • Roads: Public
  • Roof: Shingle - Asphalt
Interior Features
  • Basement: No
  • Total Full Baths: 4
  • Heat Fuel: Electric
  • Heating: Electric
  • Cooling: None
  • Total Stories: 2
  • Trash: Owner
Multi Family
Income & Expenses Information
  • Gross Income: $47,280.00
  • Expenses - Annual: $13,181.00
  • Expenses - Insurance: $2,405.00
  • Expense - Utility: $553
  • Expenses - Snow: $990
  • Net Income: $34,099.00
  • Expenses - Trash: $1,360.00
  • Expenses - Miscellaneous: $2,175.00
  • Operating Expense Incl: Insurance, Maintenance, Snow Removal, Trash, Water/Sewer
Multi-Family Information
  • Total Units: 4
  • Total 1 BR Units: 0
  • Total 2 BR Units: 4
  • Total 3+ BR Units: 0
Unit Information
Unit 1
  • Unit 1 Baths: 1
  • Unit 1 Bedrooms: 2
  • Unit 1 Rental Agremnt: Yes
  • Unit 1 Lease Term: Annual
  • Unit 1 Rental Amt Freq: Monthly
  • Unit 1 Status: Leased
  • Unit 1 Apx Sqft: 864.0
  • Unit 1 Rooms: 4
  • Unit 1 Rental Amount: $985.00
  • Unit 1 Tenant Pays: Electric
Unit 2
  • Unit 2 Lease Term: Annual
  • Unit 2 Baths: 1
  • Unit 2 Rooms: 4
  • Unit 2 Rental Agremnt: Yes
  • Unit 2 Status: Leased
  • Unit 2 Rental Amt Freq: Monthly
  • Unit 2 Apx Sqft: 864.0
  • Unit 2 Bedrooms: 2
  • Unit 2 Rental Amount: $985.00
  • Unit 2 Tenant Pays: Electric
Unit 3
  • Unit 3 Lease Term: Month to Month
  • Unit 3 Baths: 1
  • Unit 3 Rooms: 4
  • Unit 3 Rental Agremnt: Yes
  • Unit 3 Rental Amt Freq: Monthly
  • Unit 3 Status: Month to Month
  • Unit 3 Apx Sqft: 864.0
  • Unit 3 Bedrooms: 2
  • Unit 3 Rental Amount: $985.00
  • Unit 3 Tenant Pays: Electric
Unit 4
  • Unit 4 Rental Agremnt: Yes
  • Unit 4 Lease Term: Month to Month
  • Unit 4 Rental Amt Freq: Monthly
  • Unit 4 Rooms: 4
  • Unit 4 Baths: 1
  • Unit 4 Apx Sqft: 864.0
  • Unit 4 Bedrooms: 2
  • Unit 4 Status: Month to Month
  • Unit 4 Rental Amount: $985.00
  • Unit 4 Tenant Pays: Electric
Rental
Rent Information
  • Total Leases: 4

Property History for 278-284 Manley Road

DateEvent & SourcePriceAppreciation
May 10, 2018

Sold

New England Real Estate Network #4683882

$385,000—
Apr 8, 2018

Pending

New England Real Estate Network #4683882

—
Apr 3, 2018

Listed (Active)

New England Real Estate Network #4683882

$382,900—
DateEvent & SourcePrice
05/10/2018

Sold

New England Real Estate Network #4683882

$385,000
04/08/2018

Pending

New England Real Estate Network #4683882

—
04/03/2018

Listed (Active)

New England Real Estate Network #4683882

$382,900

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 278-284 Manley Road

This home is within Milton School District.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - 5 to 8
Public - 9 to 12
Rating
School
Distance
Milton Elementary School
PublicPK to 4

Milton Middle School
Public5 to 8

Milton Senior High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Nearby off-market homes

AddressSold priceBedsBathsSqftLot AC
$385,000
–
–
3,498
4.6
$500,000
3
1,844
28.5
$249,000
3
2,270
0.98
$360,000
2
1,562
2
$300,000
3
1,488
10

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of KW Vermont

Copyright 2026 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 07/17/2026 09:31 PM