Home For Sale near Lake Champlain - Chittenden County

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.

Property Details

  • Beds: 16
  • Baths: 8.0
  • Sq Feet: 7680
  • Year Built: 1970
  • Location: Lake Champlain - Chittenden County
  • Acres: 10.000
  • County: Chittenden County
  • Heat/AC: Forced Air, Oil
  • Roof: Metal
  • Stories: 1
  • Property Taxes: $21,714
  • MLS #: 5068967

Location

Click on map to activate
(Open in Google Maps)   (Bing Map)  (Mapquest Map)

Contact Information:

Contact Agent
Listing Agent: Blake Gintof, Signature Properties Of Vermont, 802-871-8881, 802-871-8881 Listing Site, Listing Status: Active
Copyright © 2025 PrimeMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Ad Statistics:

Lake Home For Sale in Milton, Vermont
Ad Number : 7150480
Viewed: 24 times
Added: Dec 31, 2025
Updated on: Dec 31, 2025
All information provided is deemed reliable but is not guaranteed and should be independently verified.