441 Highway 7

Milton, VT 05468

$2,300,000
Price
—
Beds
10,746 Sq. Ft.
$214 / Sq. Ft.
10,746
Sq. Ft.
$214
per Sq. Ft.

Description

Over a 10% cap rate on this 18 units with 31 bedrooms! The five buildings sit on 2.05 acres. Most of the units have been completely gutted and redone with all new electrical, plumbing, flooring, kitchens & baths.Over a 10% cap rate on this 18 units with 31 bedrooms! The five buildings sit on 2.05 acres. Most of the units have been completely gutted and redone with all new electrical, plumbing, flooring, kitchens & baths.
  1. Listed by Chad Dion • Chad Dion Real Estate

Property Details for 441 Highway 7

Parking
Off Street
Zoning
NC1
LISTING UPDATED: 11/20/2024 09:21 PM

Property Details for 441 Highway 7

StatusActive
MLS #4996655
Days on Market211
Taxes$19,741 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1940
Lot Size2.05 AC / 89,298 SF
CountyChittenden County

Building Information for 441 Highway 7

Stories2Residences18Year Built1940Building Size-Lot Size2.05 AC / 89,298 SF

Property Information for 441 Highway 7

Summary
Location and General Information
  • City: Milton
  • County: VT-Chittenden
  • Latitude: 44.626614178565795
  • Longitude: -73.138980813491827
  • Road Frontage: Yes
  • Seasonal: No
  • State: VT
  • Zip Code: 05468
Taxes and HOA Information
  • SPAN Number: 396-123-10737
  • Tax Year: 2025
  • Taxes TBD: No
School Information
  • School - District: Milton
Parking
  • Garage: Yes
  • Garage Capacity: 2.00
  • Driveway: Common/Shared, Crushed Stone, Paved
Property
Lot Information
  • Lot - Sqft: 89298.0
  • Lot Features: Corner, Level, Major Road Frontage, Neighbor Business, Rental Complex, Sidewalks, Near Public Transportatn
  • Lot Size Acres: 2.05
  • Road Frontage Length: 465.0
  • Square Feet Apx Finished Above Grade: 10746.0
  • Square Feet Apx Finished AG Source: Appraiser
  • Square Feet Apx Finished Below Grade: 0.0
  • Square Feet Apx Total: 21492.0
  • Square Feet Apx Total Finished: 10746.0
  • Square Feet Apx Unfinished Above Grade: 0.0
  • Square Feet Apx Unfinished Below Grade: 10746.0
  • Square Feet Apx Unfinished BG Source: Appraiser
Property and Assessments
  • Property Class: Multi-Family
  • Construction Status: Existing
  • Flood Zone: No
  • Foundation: Block
  • PreConstruction: No
  • Surveyed: Yes
  • Year Built: 1940
Utilities
  • Electric Company: Green Mountian Power
  • Fuel Company: VT Gas
  • Electric: Circuit Breaker(s)
  • Sewer: On-Site Septic Exists, Public
  • Water Source: Public
  • Utilities: Gas - Underground
  • Separate Utilities: Varies
  • Internet: Internet - Cable
Interior and Exterior Features
Exterior Features
  • Color: tan
  • Construction Materials: Wood Frame
  • Roof: Membrane, Metal, Shingle
Interior Features
  • Basement: Yes
  • Basement Access Type: Walkout
  • Basement Description: Bulkhead, Concrete Floor, Crawl Space, Full, Stairs - Exterior
  • Heating: Natural Gas, Baseboard, Electric, Hot Water, Monitor Type, Mini Split
  • Cooling: None
  • Total Stories: 2
  • Trash: Dumpster
Multi Family
Income & Expenses Information
  • Gross Income: $337,452.00
  • Net Income: $285,036.00
  • Operating Expense Incl: Heat, Insurance, Sewer, Snow Removal, Trash, Utilities, Water/Sewer
  • Operating Expense: $52,416
Multi-Family Information
  • Total Units: 18
  • Total 1 BR Units: 6
  • Total 2 BR Units: 11
  • Total 3+ BR Units: 1

Property History for 441 Highway 7

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 441 Highway 7

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

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More information about 441 Highway 7, Milton, VT 05468

441 Highway 7 is a multi-family home for sale in Milton, VT 05468. This property was listed for sale on May 21, 2024 by Chad Dion Real Estate, it's currently listed at $2,300,000. This listing's school district is Milton School District. Nearby schools include Milton Elementary School, Milton Middle School and Milton Senior High School. 441 Highway 7 is a 0-bed, 0-bath, 10,746 sqft multi-family home built in 1940.

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 Chad Dion Real Estate

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 12/18/2024 02:33 PM