$815,000 | $173 per sq.ft.
A 7
Unit Multi Family Home, in Cavendish VT
With 2 - One Bedroom Units | 4 - Two Bedroom Units | 1 - Three Bedroom Units MLS# 5097398
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Listed by The Nancy Jenkins Team Nancy Jenkins Real Estate on
June 30th 2026
2003 Main Road Cavendish VT 05142
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DESCRIPTION
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Strong cash flow and future upside come together in this well-maintained 7-unit multifamily opportunity. Offered at an attractive 10% cap rate, the property features a diverse unit mix with four 2-bedroom, 1-bath apartments, two 1-bedroom, 1-bath apartments, and a spacious 4-bedroom, 2-bath unit. Recent exterior painting enhances curb appeal while helping to minimize near-term maintenance. The property has been thoughtfully cared for and offers additional value-add potential with unfinished attic space that could provide future expansion opportunities, subject to local approvals. Whether you're looking to add to an established portfolio or acquire a high-performing asset with room for growth, this property offers a rare combination of strong returns, unit diversity, and long-term potential. 3D Virtual Tours Available Upon Request.
Gross Income : $115200 Net Income: $
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UNIT 1 INFORMATION
Beds: 2 Baths: 1 Rooms: 0 Rent : 1400.00 Monthly Lease Term : Annual Signed Lease : Yes Status : Leased
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UNIT 2 INFORMATION
Beds: 1 Baths: 1 Rooms: 0 Rent : 1100.00 Monthly Lease Term : Annual Signed Lease : Yes
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UNIT 3 INFORMATION
Beds: 1 Baths: 1 Rent : 1100.00 Monthly Lease Term : Annual Signed Lease : Yes Status : Leased
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UNIT 4 INFORMATION
Beds: 4 Baths: 2 Rent : 1800.00 Monthly Lease Term : Annual Status : Leased
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UNIT 5 INFORMATION
Beds: 2 Baths: 1 Rooms: 0 Rent : 1200.00 Monthly Lease Term : Annual Signed Lease : Yes
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UNIT 6 INFORMATION
Beds: 2 Baths: 1 Rent : 1500.00 Monthly Lease Term : Annual Signed Lease : Yes Status : Leased
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UNIT 7 INFORMATION
Beds: 2 Baths: 1 Rent : 1500.00
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CONSTRUCTION
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Wood Frame | Year Built: 1890 No. of Floors:2.5 Total Sq.Ft. Finished: 4723 Above Grade Sq.Ft.: 4723 Apx Below Grade Unfinished Sq.Ft.: 900 Price Per SQ.FT. 172.56 Basement: Unfinished Heating: Propane | Oil | Baseboard | Electric Cooling: None Electric: Circuit Breaker(s) Utilities: Cable at Site Electric Meters: |
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Style: Victorian Roof: Slate Water: Public Sewer: Public Seasonal: No
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LAND LOT INFORMAITION
Lot Description: Sidewalks | In Town Lot size: 0.72 acres Zoned: Residential Surveyed: Unk Flood Zone: No Road Frontage: 73 Driveway: Gravel
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PROPERTY INFORMATION
Taxes $12,481
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AREA INFORMATION
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