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$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


DESCRIPTION


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
UNIT 2 INFORMATION
Beds: 1
Baths: 1
Rooms: 0
Rent : 1100.00 Monthly
Lease Term : Annual
Signed Lease : Yes
UNIT 3 INFORMATION
Beds: 1
Baths: 1
Rent : 1100.00 Monthly
Lease Term : Annual
Signed Lease : Yes
Status : Leased
UNIT 4 INFORMATION
Beds: 4
Baths: 2
Rent : 1800.00 Monthly
Lease Term : Annual
Status : Leased
UNIT 5 INFORMATION
Beds: 2
Baths: 1
Rooms: 0
Rent : 1200.00 Monthly
Lease Term : Annual
Signed Lease : Yes
UNIT 6 INFORMATION
Beds: 2
Baths: 1
Rent : 1500.00 Monthly
Lease Term : Annual
Signed Lease : Yes
Status : Leased
UNIT 7 INFORMATION
Beds: 2
Baths: 1
Rent : 1500.00

CONSTRUCTION

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:
Style: Victorian
Roof: Slate
Water: Public
Sewer: Public
Seasonal: No
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
PROPERTY INFORMATION
Taxes $12,481

AREA INFORMATION