349 Route 7 SouthMilton, VT 05468MLS Number 4975008

  • Price: $12,000,000
  • 184 Days on Market
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Federal 30-year interest rate: 7.1% last updated on Apr 18, 2024
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
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Active with Contract
349 Route 7 South Milton VT 05468349 Route 7 South Milton VT 05468349 Route 7 South Milton VT 05468349 Route 7 South Milton VT 05468349 Route 7 South Milton VT 05468349 Route 7 South Milton VT 05468349 Route 7 South Milton VT 05468349 Route 7 South Milton VT 05468349 Route 7 South Milton VT 05468349 Route 7 South Milton VT 05468349 Route 7 South Milton VT 05468349 Route 7 South Milton VT 05468349 Route 7 South Milton VT 05468349 Route 7 South Milton VT 05468349 Route 7 South Milton VT 05468349 Route 7 South Milton VT 05468349 Route 7 South Milton VT 05468349 Route 7 South Milton VT 05468349 Route 7 South Milton VT 05468349 Route 7 South Milton VT 05468349 Route 7 South Milton VT 05468349 Route 7 South Milton VT 05468349 Route 7 South Milton VT 05468349 Route 7 South Milton VT 05468349 Route 7 South Milton VT 05468349 Route 7 South Milton VT 05468349 Route 7 South Milton VT 05468349 Route 7 South Milton VT 05468349 Route 7 South Milton VT 05468349 Route 7 South Milton VT 05468349 Route 7 South Milton VT 05468349 Route 7 South Milton VT 05468349 Route 7 South Milton VT 05468349 Route 7 South Milton VT 05468349 Route 7 South Milton VT 05468349 Route 7 South Milton VT 05468349 Route 7 South Milton VT 05468349 Route 7 South Milton VT 05468349 Route 7 South Milton VT 05468349 Route 7 South Milton VT 05468
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  • 16.95Acreage
  • 2023Tax Year
  • 58NumberOfUnitsInCommunity
  • 738,342Lot Sqft

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Listed by Blake Gintof of Signature Properties of Vermont
Incredible Investment Opportunity - 58 Townhouse Units! Welcome to a game-changing investment portfolio that's about to redefine your real estate journey! This property is a goldmine, featuring 58 townhouse units, each designed for maximum comfort and convenience. Of these 58 units, 40 are thoughtfully laid out as spacious 3-bedroom, 2.5 bath homes, providing ample space for families and professionals alike. The remaining 18 units offer a 2-bedroom, 2.5 bath layout, catering to various lifestyle preferences. Every unit has an unfinished full basement, garages for secure parking, and washer/dryer hook-ups for convenience. Moreover, all utilities are separately metered, ensuring simplicity in management and added value for tenants & landlords. One of the standout features of this investment is its condo minimized development, allowing for each unit to be sold individually if desired. This flexibility opens up incredible possibilities for any real estate investor. Whether you choose to rent out these units for a steady stream of passive income or sell them individually to maximize returns, the choice is yours. Priced at approximately $200,000 per unit, this portfolio offers substantial upside potential for investors. The demand for affordable housing in this area is ever-growing, making this an opportunity you won't want to miss. Seize the moment, secure your future, and turn your real estate dreams into reality with this exceptional investment portfolio!

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Tax Information

  • Tax Year2023

Building

  • ConstructionWood Frame
  • NumberOfUnitsInCommunity58
  • FoundationPoured Concrete
  • BasementFull, Stairs - Interior, Unfinished

Exterior

  • ExteriorVinyl Siding
  • RoofShingle - Architectural

Utilities

  • FuelGas - Natural
  • Heating CoolingBaseboard, Hot Water, Multi Zone
  • Phone CompanyXfinity

Basic Information

  • StatusActive With Contract
  • Modification Date01/24/2024
  • TypeDevelopment, Investment, Multi-Family, Opportunity
  • List Price$12,000,000
  • Broker NameSignature Properties of Vermont
  • Listing Agent NameBlake Gintof
  • Lister Office NameSignature Properties of Vermont
  • MLS Number4975008
  • MLS StatusActive Under Contract

Other

  • Date Listed10/20/2023
  • View Count24

Location

  • Building Number349
  • StreetRoute 7 South
  • TownMilton
  • StateVT
  • Zip05468
  • CountyChittenden

Property

  • Acreage16.95
  • Parking Spaces
  • Property TypeCommercial Sale
  • Lot Sqft738,342
Dousevicz Real Estate
Dousevicz Real Estate
Office: 802-879-4477
21 Carmichael St
Essex, VT 05452
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Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display 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 April 20, 2024 6:37 PM EDT

 

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