2003 Main St Cavendish, VT 05142
Cavendish AreaEstimated payment $5,365/month
Highlights
- Victorian Architecture
- Cavendish Town Elementary School Rated A-
- Baseboard Heating
About This Home
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.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $12,481
Year Built
- Built in 1890
Lot Details
- 31,363 Sq Ft Lot
Parking
- Gravel Driveway
Home Design
- Victorian Architecture
- Wood Frame Construction
- Slate Roof
Interior Spaces
- Property has 2.5 Levels
- Basement
- Interior Basement Entry
Utilities
- No Cooling
- Heating System Uses Oil
- Heating System Uses Propane
- Baseboard Heating
- Cable TV Available
Community Details
Overview
- 7 Units
Building Details
- Gross Income $115,200
- Net Operating Income $81,391
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $12,285 | $434,900 | $20,600 | $414,300 |
| 2024 | $12,285 | $434,900 | $20,600 | $414,300 |
| 2023 | $7,370 | $434,900 | $20,600 | $414,300 |
| 2022 | $9,020 | $434,900 | $20,600 | $414,300 |
| 2021 | $9,149 | $434,900 | $20,600 | $414,300 |
| 2020 | $8,940 | $434,900 | $20,600 | $414,300 |
| 2019 | $0 | $434,900 | $20,600 | $414,300 |
| 2018 | $0 | $401,400 | $36,600 | $364,800 |
| 2017 | $0 | $401,400 | $36,600 | $364,800 |
| 2016 | $7,169 | $401,400 | $36,600 | $364,800 |
| 2015 | -- | $4,014 | $0 | $0 |
| 2014 | -- | $4,014 | $0 | $0 |
| 2013 | -- | $3,904 | $0 | $0 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/08/2026 07/08/26 | Off Market | $815,000 | -- | -- | |
| 07/01/2026 07/01/26 | For Sale | $815,000 | 0.0% | $173 / Sq Ft | |
| 06/30/2026 06/30/26 | For Sale | $815,000 | +283.5% | $173 / Sq Ft | |
| 01/13/2012 01/13/12 | Sold | $212,500 | -29.1% | $45 / Sq Ft | View Prior Sale |
| 12/02/2011 12/02/11 | Pending | -- | -- | -- | |
| 12/20/2009 12/20/09 | For Sale | $299,900 | -- | $64 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $212,500 | -- |
Source: PrimeMLS
MLS Number: 5097398
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Ask me questions while you tour the home.