Listing courtesy of The Nancy Jenkins Team, Nancy Jenkins Real Estate 802-846-4888
2003 Main Road, Cavendish, VT, 05142
14 beds
8 Full baths
1890
Victorian
4,723 sqft
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.
Status:
Active
Type:
Multi-family
Units:
7
Zoning:
Residential
Frontage:
73
Heating:
Oil, Baseboard
Cooling:
None
Basement:
Unfinished
Acreage:
0.72
Est. Taxes:
$12,481
Lot Description:
Sidewalks,In Town
MLS #:
5097398