21 Railroad Street

Multi-Family Property
List Price: $549,900
Location: Milton, VT
MLS #: 5076531
Total Units: N/A
Total Bedrooms: N/A
Total Bathrooms: N/A
Status: Active

Property Description

Prime Milton Location | Solid Duplex Welcome to a rare, move-in condition duplex in one of Milton’s most desirable and walkable locations. This property includes commercial-quality construction, an outstanding opportunity for investors or owner-occupants. This solid, well-built duplex allows you to owner-occupy one unit while generating income from the other. Constructed with steel framing, thick concrete floors, and triple-layer brick, including a sand layer between 8” concrete floors for exceptional sound deadening. The upper unit offers a large, versatile layout filled with natural light from abundant windows and provides the potential to add a third bedroom, increasing future value. Both units are equipped with newer stainless-steel appliances, while the downstairs unit has been remodeled with new flooring throughout and a clean, neutral paint scheme. New cellular blinds have been installed both upstairs and downstairs, adding comfort, privacy, and energy efficiency. The lower first-floor unit has central air conditioning. Also, both units feature wide hallways and an open feel throughout. French doors add character and flow, creating a welcoming interior. Enjoy lower costs with an efficient propane heating system, and appreciate the convenience of separately metered utilities for each unit. A centrally located, externally accessible utility closet allows for easy maintenance without disturbing tenants. Also, enjoy privacy from the former creamery building and dense privacy landscaping, separating it from neighboring properties. There is a large parking lot with plenty of extra space. A rare combination of durability, income, and location.

Multi-Family Features

🏢 Multiple Units
💰 Investment Income
📊 Property Management
📈 Scalable Investment

Investment Opportunities

Multiple Income Streams

Generate income from multiple rental units, providing diversified revenue and reduced vacancy risk.

Scalable Investment

Multi-family properties offer excellent potential for scaling your real estate investment portfolio.

Professional Management

Perfect for investors looking to build a managed real estate portfolio with professional oversight.

Rental Analysis

Monthly Rental Income

$4,399 - $6,599

Estimated based on 0.8% - 1.2% of property value

Annual ROI Potential

8% - 12%

Based on typical multi-family returns

School Reports for Milton

Change Indicators:

Excelling🔺 Improving Not Improving🔻 Declining🔒 Suppressed No Data

Milton Elementary School

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Milton High School

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Milton Middle School

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Milton Sd

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