349 Route 7 South Milton, VT $ 12,000,000
349 Route 7 South
$ 12,000,000
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349 Route 7 South

Milton, VT, 05468
$ 12,000,000
Baths0.0

Monthly Estimate*

$ 83,824

Listed by Blake Gintof, Signature Properties of Vermont, 802-872-8881, BlakeG@SignaturePropertiesVt.com
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Studio

Commercial Property for sale in Milton, VT

for $12,000,000. The lot size is 16.95.

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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Commercial Contingent

Price

$ 12,000,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 160,246

Style

Development,Investment,Multi-Family,Opportunity

Lot Size

16.95

Town/City

Milton

County/Region

Chittenden

MLS | Web ID

4975008

Features
Interior
Basement Description Full Stairs - Interior Unfinished
Basement Yes
Heating Fuel Gas - Natural
Total Number of Units 58
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General
Road Frontage TBD
Sewer Public
Heating Baseboard Hot Water Multi Zone
Cooling None
Utilities Cable
Roof Shingle - Architectural
Parking Assigned Garage On-Site Other Paved Visitor
Flood Zone No
Zoning Mixed
Status Under Contract
Tax Year 2023
Building Name Winterberry Owners Association Inc.
Area VT-Chittenden
Seasonal No
Tax Gross Amount 160246.8
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Exterior
Foundation Poured Concrete
Lot Size Area 16.95
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* Excluded Features
List By
Blake Gintof

Listing Agent

Signature Properties Of Vermont

Broker

(802) 872-8881

Phone

BlakeG@SignaturePropertiesVt.com

Email

Affordability Calculator

$97,177
Per Month
86%
14%
0%
Monthly Principal & Interest
$83,824
Monthly Property Taxes
$13,354
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Your dream home may be within reach.

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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
451920 Elementary School
452237 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/20/2023$12,000,000 Listed Price

Map


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349 Route 7 South, Milton, VT, 05468 is a Commercial Property for sale at $12,000,000 with a lot size of 16.95. 349 Route 7 South is a studio with 0.0 baths. The property's zip code is 05468 which is in Milton, VT