3 Merrill Lane
3 Merrill Lane
Milton, VT 05468
$1,500,000
Price
2
Beds
6
Baths
6,576 Sq. Ft.
$228 / Sq. Ft.
6,576
Sq. Ft.
$228
per Sq. Ft.
Description
Introducing "Bear Creek I" – an exceptional investment opportunity in the heart of this vibrant town. This 6-unit condominium project seamlessly combines the best of community living and individual ownership. Whether you're looking to secure your financial future or make a quick return on your investment, "Bear Creek I" is tailor-made for you. Each of these 2-bedroom, 1.5-bath units is a haven for renters, featuring coveted amenities that make them highly sought-after. A private garage ensures your...Introducing "Bear Creek I" – an exceptional investment opportunity in the heart of this vibrant town. This 6-unit condominium project seamlessly combines the best of community living and individual ownership. Whether you're looking to secure your financial future or make a quick return on your investment, "Bear Creek I" is tailor-made for you. Each of these 2-bedroom, 1.5-bath units is a haven for renters, featuring coveted amenities that make them highly sought-after. A private garage ensures your tenants vehicle is safe and sound, while ample storage space simplifies their life. Step out onto the back deck and savor peaceful moments and enjoy the convenience of in-unit washer/dryer hookups. The spacious and well-designed open floor plan, with approximately 1,100 square feet of living space in each unit, creates a welcoming atmosphere that's perfect for entertaining or simply relaxing. But what truly sets "Bear Creek I" apart is its flexibility. Purchase all six units as a package for a compelling addition to your rental portfolio or choose to sell individual units to suit your unique needs. Your options are as limitless as the potential returns. This prime location offers the best of town living, with everything you need just moments away. Don't miss out on this golden opportunity to own a piece of this wonderful town's future. Act now and make these desirable units at "Bear Creek I" your own – the choice is yours.
- Listed by Blake Gintof • Signature Properties of Vermont
Property Details for 3 Merrill Lane
Development / Subdivision
Bear Creek I
ParkingDirect Entry, Assigned, Attached
ZoningM4-C
Location
Listing Courtesy of Signature Properties of Vermont
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LISTING UPDATED: 04/12/2024 08:45 PM
Property Details for 3 Merrill Lane
| Status | Active |
|---|---|
| MLS # | 4976499 |
| Days on Market | 179 |
| Taxes | $24,554 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Multi Family |
| Year Built | 2006 |
| Lot Size | 0.00 AC / 0 SF |
| County | Chittenden County |
Location
Listing Courtesy of Signature Properties of Vermont
Add your commute
Building Information for 3 Merrill Lane
Stories2Residences6Year Built2006Building Size-Lot Size0.00 AC / 0 SF
Payment Calculator
$10,232 per month
30 year fixed, 7.25% Interest
Principal and Interest
$8,186
Property Taxes
$2,046
HOA Dues
$0
The Payment Calculator is for illustrative purposes only.
Property Information for 3 Merrill Lane
Summary
Location and General Information
- City: Milton
- County: VT-Chittenden
- Latitude: 44.621703454581677
- Longitude: -73.127739550926208
- Road Frontage: TBD
- Seasonal: No
- State: VT
- Street Designation: Lane
- Zip Code: 05468
Taxes and HOA Information
- SPAN Number: 396-123-10305
- Tax - Gross Amount: $24,554.34
- Tax Year: 2023
- 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: Yes
- Garage Capacity: 1.00
- Driveway: Paved
Property
Lot Information
- Lot Features: Condo Development
- Lot Size Acres: 0.0
- Square Feet Apx Finished Above Grade: 6576.0
- Square Feet Apx Finished AG Source: Public Records
- Square Feet Apx Finished Below Grade: 0.0
- Square Feet Apx Finished BG Source: Public Records
- Square Feet Apx Total: 9912.0
- Square Feet Apx Total Finished: 6576.0
- Square Feet Apx Unfinished Above Grade: 3336.0
- Square Feet Apx Unfinished AG Source: Public Records
- Square Feet Apx Unfinished Below Grade: 0.0
- Square Feet Apx Unfinished BG Source: Public Records
Property and Assessments
- Property Class: Multi-Family
- Construction Status: Existing
- Easements: Unknown
- Flood Zone: No
- Foundation: Poured Concrete
- PreConstruction: No
- Surveyed: Unknown
- Year Built: 2006
Utilities
- Electric Company: GMP
- Cable Company: Comcast
- Fuel Company: VT Gas
- Electric: Circuit Breaker(s)
- Sewer: Public
- Water Source: Public
- Utilities: Cable - At Site, Gas - On-Site, Telephone At Site
- Total Gas Meters: 6
- Total Electric Meters: 6
- Separate Utilities: Yes
- Internet: Internet - Cable
Interior and Exterior Features
Exterior Features
- Color: Yellow
- Construction Materials: Wood Frame, Vinyl Siding
- Roads: Public
- Roof: Shingle - Architectural
- Total Ranges: 6
Interior Features
- Appliances: Water Heater – Tank
- Basement: Yes
- Basement Access Type: Walk-up
- Basement Description: Stairs - Interior, Storage - Assigned, Storage - Locked, Storage Space, Interior Access
- Total Full Baths: 6
- Heat Fuel: Gas - Natural
- Heating: Baseboard, Hot Water
- Cooling: None
- Total Refrigerators: 6
- Total Stories: 2
- Total Water Heaters: 6
Multi Family
Income & Expenses Information
- Gross Income: $90,859.00
Multi-Family Information
- Total Units: 6
- Total 1 BR Units: 0
- Total 2 BR Units: 6
- Total 3+ BR Units: 0
- Total Heat Units: 6
Unit Information
Unit 1
- Unit 1 Baths: 15
- Unit 1 Bedrooms: 2
- Unit 1 Rental Amt Freq: Monthly
- Unit 1 Status: Leased
- Unit 1 Apx Sqft: 1096.0
- Unit 1 Rooms: 4
- Unit 1 Rental Amount: $1,400.00
- Unit 1 Info: Appliances Included, Ceiling Fan, Deck, Dishwasher, Heat - Natural Gas, Microwave, Range - Electric, Storage
Unit 2
- Unit 2 Rental Amt Freq: Monthly
- Unit 2 Rental Amount: $1,375.00
Unit 3
- Unit 3 Rental Amt Freq: Monthly
- Unit 3 Rental Amount: $1,375.00
Unit 4
- Unit 4 Rental Amt Freq: Monthly
- Unit 4 Rental Amount: $1,375.00
Unit 5
- Unit 5 Rental Amt Freq: Monthly
- Unit 5 Rental Amount: $1,400.00
Unit 6
- Unit 6 Rental Amt Freq: Monthly
- Unit 6 Rental Amount: $1,375.00
Rental
Rent Information
- Total Leases: 6
Property History for 3 Merrill Lane
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 3 Merrill Lane
This home is within Milton Incorporated School District.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
Milton Elementary School PublicPK to 5 | ||
Milton Middle School Public6 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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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 expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of Signature Properties of Vermont
Copyright 2024 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 04/29/2024 07:41 PM
