42 River Street

Milton, VT 05468

$449,000
Price
5
Beds
2
Baths
2,107 Sq. Ft.
$213 / Sq. Ft.
2,107
Sq. Ft.
$213
per Sq. Ft.

Description

Seize this exceptional opportunity to own a duplex in the heart of Milton Village, perfect for investors or those seeking an affordable owner-occupied property. Situated on a sprawling 1.46-acre lot, this property offers two units: a cozy 2-bedroom and a spacious 3-bedroom, both with solid rental income potential. The expansive backyard is a rare find, offering ample space for future development, whether you're considering adding more units or simply enhancing the outdoor living space. The property’s...Seize this exceptional opportunity to own a duplex in the heart of Milton Village, perfect for investors or those seeking an affordable owner-occupied property. Situated on a sprawling 1.46-acre lot, this property offers two units: a cozy 2-bedroom and a spacious 3-bedroom, both with solid rental income potential. The expansive backyard is a rare find, offering ample space for future development, whether you're considering adding more units or simply enhancing the outdoor living space. The property’s central location in Milton Village means you're close to local amenities, shops, and public transportation, making it highly desirable for tenants and owners alike. With good rental income and the potential for expansion, this property is not just a home but a strategic investment in a growing community. Whether you're looking to capitalize on the existing structure or explore development possibilities, this duplex offers versatility and value in a prime location. Don’t miss out on this rare chance to invest in Milton Village!
  1. Listed by Darcy Handy • RE/MAX North Professionals

Property Details for 42 River Street

Zoning
M5
LISTING UPDATED: 08/28/2024 04:32 PM

Property Details for 42 River Street

StatusActive
MLS #5011604
Days on Market82
Taxes$5,818 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1950
Lot Size1.46 AC / 63,597 SF
CountyChittenden County

Building Information for 42 River Street

Stories2Residences2Year Built1950Building Size-Lot Size1.46 AC / 63,597 SF

Property Information for 42 River Street

Summary
Location and General Information
  • City: Milton
  • County: VT-Chittenden
  • Latitude: 44.636384000001001
  • Longitude: -73.113380000000006
  • Road Frontage: TBD
  • Seasonal: No
  • State: VT
  • Street Designation: Street
  • Zip Code: 05468
Taxes and HOA Information
  • SPAN Number: 39612310513
  • Tax - Gross Amount: $5,817.75
  • Tax Year: 2024
  • 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: No
  • Driveway: Gravel
Virtual Tour
Property
Lot Information
  • Lot - Sqft: 63598.0
  • Lot Features: Level, Major Road Frontage, Wooded
  • Lot Size Acres: 1.46
  • Square Feet Apx Finished Above Grade: 2107.0
  • Square Feet Apx Finished AG Source: Assessor
  • Square Feet Apx Finished Below Grade: 0.0
  • Square Feet Apx Finished BG Source: Assessor
  • Square Feet Apx Total: 2820.0
  • Square Feet Apx Total Finished: 2107.0
  • Square Feet Apx Unfinished Above Grade: 0.0
  • Square Feet Apx Unfinished AG Source: Assessor
  • Square Feet Apx Unfinished Below Grade: 713.0
  • Square Feet Apx Unfinished BG Source: Assessor
Property and Assessments
  • Property Class: Multi-Family
  • Construction Status: Existing
  • Flood Zone: No
  • Foundation: Block, Concrete
  • PreConstruction: No
  • Surveyed: Unknown
  • Year Built: 1950
Utilities
  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Water Source: Drilled Well
  • Utilities: Cable
  • Total Gas Meters: 2
  • Internet: Internet - Cable
Interior and Exterior Features
Exterior Features
  • Color: tan
  • Construction Materials: Wood Frame, Vinyl Siding
  • Features - Exterior: Deck
  • Roads: Paved, Public
  • Roof: Shingle - Asphalt
  • Total Ranges: 2
Interior Features
  • Appliances: Water Heater – Electric, Water Heater – Owned, Water Heater – Tank
  • Basement: Yes
  • Basement Access Type: Walk-up
  • Basement Description: Bulkhead, Concrete, Concrete Floor, Crawl Space, Partial, Stairs - Exterior, Unfinished, Exterior Access
  • Total Full Baths: 2
  • Flooring: Carpet, Vinyl
  • Heat Fuel: Gas - Natural
  • Heating: Baseboard
  • Cooling: None
  • Total Refrigerators: 2
  • Total Stories: 2
Multi Family
Multi-Family Information
  • Total Units: 2
  • Total 1 BR Units: 0
  • Total 2 BR Units: 1
  • Total 3+ BR Units: 1
  • Total Heat Units: 2
Unit Information
Unit 1
  • Unit 1 Baths: 1
  • Unit 1 Bedrooms: 2
  • Unit 1 Lease Term: Annual
  • Unit 1 Rental Amt Freq: Monthly
  • Unit 1 Status: Leased
  • Unit 1 Rental Amount: $1,600.00
  • Unit 1 Tenant Pays: Electric, Heat
Unit 2
  • Unit 2 Baths: 2
  • Unit 2 Status: Vacant
  • Unit 2 Bedrooms: 3
Rental
Rent Information
  • Total Leases: 1

Property History for 42 River Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 42 River Street

Taxable ValueLand$111,500Additions$187,000Total$298,500
Tax Record2023$5,382 ($448 / month)
Home Facts
Beds0Total Finished SqFt2,107 SqFtAbove Grade Finished SqFt2,107 SqFtStories2Lot Size63,598 SqFtStyleSingle Family ResidenceYear Built1950CountyCHITTENDENAPN(123) 132031.000000

Schools near 42 River Street

This home is within Milton School District.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - 5 to 8
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.

Similar Homes

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42 River Street is a multi-family home for sale in Milton, VT 05468. This property was listed for sale on August 28, 2024 by RE/MAX North Professionals, it's currently listed at $449,000. It has been on the market for a total of 82 days and was last sold on February 26, 2018. This listing's school district is Milton School District. Nearby schools include Milton Elementary School, Milton Middle School and Milton Senior High School. 42 River Street is a 5-bed, 2-bath, 2,107 sqft multi-family home built in 1950.

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. 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 RE/MAX North Professionals

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 11/17/2024 04:56 PM