690-720 W Milton Rd
Under Contract
Under Contract
Description
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...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.
- Listed by Blake Gintof • Signature Properties of Vermont • jarahr@signaturepropertiesvt.com
Property Details for 690-720 West Milton Road
Zoning
Res
LISTING UPDATED: 02/09/2026 05:55 PM
Property Details for 690-720 West Milton Road
| Status | Under Contract |
|---|---|
| MLS # | 5068967 |
| Days on Market | 94 |
| Taxes | $21,714 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Multi Family |
| Year Built | 1970 |
| Lot Size | 10.00 AC / 435,600 SF |
| County | Chittenden County |
Location
Listing Courtesy of Signature Properties of Vermont
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Building Information for 690-720 West Milton Road
Stories1Residences10Year Built1970Building Size-Lot Size10.00 AC / 435,600 SF
Payment Calculator
$13,942 per month
30 year fixed, 6.11% Interest
Principal and Interest
$12,133
Property Taxes
$1,810
HOA Dues
$0
The Payment Calculator is for illustrative purposes only.
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1Property Information for 690-720 West Milton Road
Summary
Location and General Information
- City: Milton
- County: VT-Chittenden
- Latitude: 44.607890844651713
- Longitude: -73.170992355819706
- Road Frontage: TBD
- Seasonal: No
- State: VT
- Street Designation: Road
- Zip Code: 05468
Taxes and HOA Information
- SPAN Number: 396-123-11875
- Tax Year: 2025
- Taxes TBD: No
Parking
- Garage: No
- Driveway: Gravel
Virtual Tour
- Property Panorama Virtual Tour: https://tour.neren.com/690720-West-Milton-Road-Milton-VT-05468/unbranded
Property
Lot Information
- Lot Features: Country Setting, Level, Wooded
- Lot Size Acres: 10.0
Property and Assessments
- Property Class: Multi-Family
- Construction Status: Existing
- Easements: Unknown
- Flood Zone: No
- PreConstruction: No
- Surveyed: Unknown
- Year Built: 1970
Utilities
- Electric Company: GMP
- Cable Company: Comcast
- Fuel Company: Choice
- Electric: Circuit Breaker(s)
- Sewer: 1000 Gallon, Private, Septic
- Water Source: Drilled Well, Private, Shared
- Utilities: Cable, Phone
- Total Gas Meters: 10
- Total Electric Meters: 10
- Separate Utilities: Yes
- Internet: Cable Internet
Interior and Exterior Features
Exterior Features
- Color: Yellow
- Construction Materials: Wood Frame, Vinyl Siding
- Roof: Metal
- Total Ranges: 10
Interior Features
- Basement: Yes
- Basement Access Type: Interior
- Basement Description: Full, Interior Access, Interior Stairs, Unfinished
- Total Full Baths: 10
- Heating: Oil, Forced Air, Hot Air
- Cooling: None
- Total Refrigerators: 10
- Total Stories: 1
- Total Water Heaters: 10
Multi Family
Income & Expenses Information
- Gross Income: $139,200.00
- Net Income: $107,998.27
- Operating Expense Incl: Insurance, Maintenance, Other
- Operating Expense: $9,487
Multi-Family Information
- Total Units: 10
- Total 1 BR Units: 0
- Total 2 BR Units: 10
- Total 3+ BR Units: 0
- Total Heat Units: 10
Unit Information
Unit 1
- Unit 1 Baths: 1
- Unit 1 Bedrooms: 2
- Unit 1 Level Number: 1
- Unit 1 Rental Amt Freq: Monthly
- Unit 1 Status: Month to Month
- Unit 1 Rooms: 4
- Unit 1 Rental Amount: $1,600.00
- Unit 1 Tenant Pays: All Utilities
Unit 2
- Unit 2 Baths: 1
- Unit 2 Rooms: 4
- Unit 2 Status: Month to Month
- Unit 2 Level Number: 1
- Unit 2 Rental Amt Freq: Monthly
- Unit 2 Bedrooms: 2
- Unit 2 Rental Amount: $1,500.00
- Unit 2 Tenant Pays: All Utilities
Unit 3
- Unit 3 Baths: 1
- Unit 3 Rooms: 4
- Unit 3 Level Number: 1
- Unit 3 Rental Amt Freq: Monthly
- Unit 3 Status: Month to Month
- Unit 3 Bedrooms: 2
- Unit 3 Rental Amount: $1,100.00
- Unit 3 Tenant Pays: All Utilities
Unit 4
- Unit 4 Level Number: 1
- Unit 4 Rental Amt Freq: Monthly
- Unit 4 Rooms: 4
- Unit 4 Baths: 1
- Unit 4 Bedrooms: 2
- Unit 4 Status: Month to Month
- Unit 4 Rental Amount: $1,100.00
- Unit 4 Tenant Pays: All Utilities
Unit 5
- Unit 5 Rental Agreement: No
- Unit 5 Level Number: 1
- Unit 5 Rental Amt Freq: Monthly
- Unit 5 Status: Month to Month
- Unit 5 Baths: 1
- Unit 5 Bedrooms: 2
- Unit 5 Rooms: 4
- Unit 5 Rental Amount: $600.00
- Unit 5 Tenant Pays: All Utilities
Unit 6
- Unit 6 Rental Agreement: No
- Unit 6 Level Number: 1
- Unit 6 Baths: 1
- Unit 6 Bedrooms: 2
- Unit 6 Rooms: 4
- Unit 6 Apx Sqft: 768.0
- Unit 6 Rental Amt Freq: Monthly
- Unit 6 Status: Month to Month
- Unit 6 Rental Amount: $1,100.00
- Unit 6 Tenant Pays: All Utilities
Unit 7
- Unit 7 Bedrooms: 2
- Unit 7 Rooms: 4
- Unit 7 Baths: 1
- Unit 7 Rental Agreement: No
- Unit 7 Level Number: 1
- Unit 7 Rental Amt Freq: Monthly
- Unit 7 Status: Month to Month
- Unit 7 Rental Amount: $1,300.00
- Unit 7 Tenant Pays: All Utilities
Unit 8
- Unit 8 Baths: 1
- Unit 8 Rental Amount: $1,100.00
- Unit 8 Rental Agreement: No
- Unit 8 Level Number: 1
- Unit 8 Rental Amt Freq: Monthly
- Unit 8 Status: Month to Month
- Unit 8 Bedrooms: 2
- Unit 8 Rooms: 4
- Unit 8 Tenant Pays: All Utilities
Property History for 690-720 West Milton Road
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| Feb 9, 2026 | Pending New England Real Estate Network #5068967 | — | |
| Nov 7, 2025 | Listed (Active) New England Real Estate Network #5068967 | $2,800,000 | — |
| Date | Event & Source | Price |
|---|---|---|
| 02/09/2026 | Pending New England Real Estate Network #5068967 | — |
| 11/07/2025 | Listed (Active) New England Real Estate Network #5068967 | $2,800,000 |
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 690-720 West Milton 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.
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Listing Courtesy of Signature Properties of 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 03/17/2026 04:25 PM
