690-720 W Milton Rd

Milton, VT 05468

$2,500,000
Price
16
Beds
7,680 Sq. Ft.
$326 / Sq. Ft.
7,680
Sq. Ft.
$326
per Sq. Ft.

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.
  1. Listed by Blake Gintof • Signature Properties of Vermont • jarahr@signaturepropertiesvt.com

Property Details for 690-720 West Milton Road

Zoning
Res
LISTING UPDATED: 12/03/2025 03:59 PM

Property Details for 690-720 West Milton Road

StatusActive
MLS #5068967
Days on Market46
Taxes$21,714 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1970
Lot Size10.00 AC / 435,600 SF
CountyChittenden County

Location

Listing Courtesy of Signature Properties of Vermont
Add your commute

Building Information for 690-720 West Milton Road

Stories1Residences10Year Built1970Building Size-Lot Size10.00 AC / 435,600 SF

Payment Calculator

$14,163 per month

30 year fixed, 6.28% Interest

Principal and Interest

$12,353

Property Taxes

$1,810

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property 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
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 Stairs, Unfinished, Interior Access
  • 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

DateEvent & SourcePriceAppreciation
Nov 7, 2025

Listed (Active)

New England Real Estate Network #5068967

$2,800,000—
DateEvent & SourcePrice
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
Milton Elementary School
Public - PK to 4
Milton Middle School
Public - 5 to 8
Milton Senior High School
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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More information about 690-720 West Milton Road, Milton, VT 05468

690-720 West Milton Road is a multi-family home for sale in Milton, VT 05468. This property was listed for sale on November 7, 2025 by Signature Properties of Vermont, it's currently listed at $2,500,000. This listing's school district is Milton School District. Nearby schools include Milton Elementary School, Milton Middle School and Milton Senior High School. 690-720 West Milton Road is a 16-bed, 8-bath, 7,680 sqft multi-family home built in 1970.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims 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 discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Signature Properties of Vermont

Copyright 2025 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 12/24/2025 10:39 AM