Milton, VT 05468,20 Kienle RD #Lots 1-4
Milton, VT 05468,20 Kienle RD #Lots 1-4
Milton, VT 05468,20 Kienle RD #Lots 1-4
12
Listed by The Signature Realty Group • Signature Properties of Vermont
Bought with The Signature Realty Group • Signature Properties of Vermont
$295,000
$400,000
26.3%
Est.Price: ?

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1.39 Acres Lot

20 Kienle RD #Lots 1-4 Milton, VT 05468

Est. payment /mo
SOLD DATE : 12/18/2024

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Key Details

Sold Price $295,000

Property Type Vacant Land

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 5015841

Lot Size 1.390 Acres

Property Description

Discover a fantastic investment opportunity with this 4-lot approved subdivision! This unique property includes three unimproved lots and one lot featuring a large steel garage, currently serving as the Town garage, complete with a bathroom. The three vacant lots are approved for single-family homes and have potential to possibly be converted into duplex lots with additional permitting. Estimated infrastructure costs range between $75,000 to $85,000, covering sewer force main, pump station, sidewalks, and other miscellaneous expenses. The subdivision is serviced by town water, town sewer, and natural gas, ensuring convenient utilities access. Development Information: PERMITS obtained | $2,500 est. cost for water hook-up | $2,500 est. cost for sewer hook-up | Buried fuel tank on garage lot concrete | Possibility of duplex lot with amended wastewater permit and water/sewer allocations. The sale options are flexible: purchase Lot 4, featuring the garage on 0.4 acres, for $175,000, or acquire Lots 1-3, the unimproved lots, for $225,000, with cost agreements on infrastructure. This is a prime chance to develop in a well-serviced area with great potential for growth! *Based on buyer's development status, Act 250 may be triggered.

Location

State VT

County Vt-chittenden

Area Vt-Chittenden

Zoning Mixed Use

Exterior

Utilities Available Other

Building

Sewer Public

Schools

School District Milton

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Deborah Lucci

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+1(978) 771-9909

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