3-4-6 Merrill Lane, Milton, VT, 05468 | $3,300,000

Introducing Bear Creek I & II - An Exceptional Mixed-Use Investment Opportunity! Presenting an exclusive portfolio comprising 18 desirable 2-bedroom 1. 5-2-bathroom residential units, each thoughtfully equipped with its very own private garage, along with 12 conveniently sized commercial units. Spread across three thoughtfully designed buildings, this investment gem offers a unique blend of versatility and opportunity. For those with an eye for investment diversity, Bear Creek I stands out as all 6 residential units are fully condo-minimized, affording you the freedom to explore various avenues for growth and ROI. Whether you aim to take advantage of the robust rental market or diversify your investment portfolio, these properties are poised to meet your objectives. Bear Creek I, an integral part of this portfolio, boasts 6 charming 2-bedroom units, amplifying your flexibility and investment options. Bear Creek II, complementing the collection, offers even greater prospects for growth and expansion. Don't miss your chance this dynamic real estate portfolio. It's an investment that seamlessly blends location, convenience, and creativity, promising you a world of opportunity. Act now and seize the massive upside potential that Bear Creek I & II offer! Flexible investment, vibrant community, and endless potential – the future of your portfolio!

Features

  • Property Type: Business,Development,Investment,Multi-Family,Office,Opportunity,Retail
  • Construction: Vinyl Siding
  • Units: 30
  • Zoning: Mixed
  • Year Built: 2012
  • Est. Taxes: $56,498
  • MLS#: 4976126
  • Website: https://www.raveis.com
    /prop/4976126/346merrilllane_milton_vt?source=qrflyer
©2024 New England Real Estate Network, 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 PrimMLS. 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 11/14/2024
Listing courtesy of Signature Properties of Vermont   Phone: 802-872-8881
Listing Agent: Blake Gintof

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

Customer Service

888.699.8876

Contact@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

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To learn more about our credentials, visit raveis.com today.

Brian SkellyVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 793093

203.415.2989

Brian.Skelly@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

3-4-6 Merrill Lane, Milton, VT, 05468

$3,300,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Brian Skelly

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 203.415.2989

Brian.Skelly@raveis.com

NMLS Mortgage Loan Originator ID 793093

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $2,640,000 $2,640,000 $2,640,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.500% 6.250% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.821% 6.396% 5.990%
Monthly Tax Payment $4,708 $4,708 $4,708
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $14,990 $16,255 $21,923
Total Monthly Payment $19,823 $21,088 $26,756

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.