2003 Main St

4,723 Sq. Ft.
$173 / Sq. Ft.
4,723
Sq. Ft.
$173
per Sq. Ft.

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...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.
  1. Listed by The Nancy Jenkins Team • Nancy Jenkins Real Estate

Property Details for 2003 Main Street

Zoning
Residential
LISTING UPDATED: 07/01/2026 01:18 PM

Property Details for 2003 Main Street

StatusActive
MLS #5097398
Days on Market1
Taxes$12,481 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti Family
Year Built1890
Lot Size0.72 AC / 31,363 SF
CountyWindsor County

Location

Listing Courtesy of Nancy Jenkins Real Estate
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Building Information for 2003 Main Street

Stories2Residences7Year Built1890Building Size-Lot Size0.72 AC / 31,363 SF

Payment Calculator

$5,101 per month

30 year fixed, 6.36% Interest

Principal and Interest

$4,061

Property Taxes

$1,040

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 2003 Main Street

Summary
Location and General Information
  • City: Cavendish
  • County: VT-Windsor
  • Latitude: 43.382404809752217
  • Longitude: -72.610021915344234
  • Road Frontage: Yes
  • Seasonal: No
  • State: VT
  • Street Designation: Road
  • Zip Code: 05142
Taxes and HOA Information
  • SPAN Number: 132-041-10733
  • Tax Year: 2025
  • Taxes TBD: No
Parking
  • Garage: No
  • Driveway: Gravel
Property
Lot Information
  • Lot Features: Sidewalks, In Town
  • Lot Size Acres: 0.72
  • Road Frontage Length: 73.0
  • Total Finished Area: 4723.0
  • Above Grade Finished Area: 4723.0
  • Above Grade Finished Area Source: Assessor
  • Above Grade Unfinished Area: 0.0
  • Below Grade Finished Area: 0.0
  • Below Grade Unfinished Area: 900.0
  • BelowGradeUnfinishedAreaSource: Assessor
  • Lot Size Square Feet: 31363.0
  • Total Area: 5623.0
Property and Assessments
  • Property Class: Multi-Family
  • Construction Status: Existing
  • Flood Zone: No
  • PreConstruction: No
  • Surveyed: Unknown
  • Year Built: 1890
Utilities
  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Water Source: Public
  • Utilities: Cable at Site
  • Internet: Cable Internet
Interior and Exterior Features
Exterior Features
  • Construction Materials: Wood Frame
  • Roof: Slate
Interior Features
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Unfinished
  • Total Full Baths: 8
  • Heating: Propane, Oil, Baseboard, Electric
  • Cooling: None
  • Total Stories: 2.5
Multi Family
Income & Expenses Information
  • Gross Income: $115,200.00
  • Net Income: $81,391.00
  • Operating Expense Incl: Insurance, Maintenance, Snow Removal, Trash, Water/Sewer
  • Operating Expense: $33,809
Multi-Family Information
  • Total Units: 7
  • Total 1 BR Units: 2
  • Total 2 BR Units: 4
  • Total 3+ BR Units: 1
Unit Information
Unit 1
  • Unit 1 Baths: 1
  • Unit 1 Bedrooms: 2
  • Unit 1 Lease Term: Annual
  • Unit 1 Rental Amt Freq: Monthly
  • Unit 1 Status: Leased
  • Unit 1 Rental Amount: $1,400.00
Unit 2
  • Unit 2 Lease Term: Annual
  • Unit 2 Baths: 1
  • Unit 2 Status: Leased
  • Unit 2 Rental Amt Freq: Monthly
  • Unit 2 Bedrooms: 1
  • Unit 2 Rental Amount: $1,100.00
Unit 3
  • Unit 3 Lease Term: Annual
  • Unit 3 Baths: 1
  • Unit 3 Rental Amt Freq: Monthly
  • Unit 3 Status: Leased
  • Unit 3 Bedrooms: 1
  • Unit 3 Rental Amount: $1,100.00
Unit 4
  • Unit 4 Lease Term: Annual
  • Unit 4 Rental Amt Freq: Monthly
  • Unit 4 Baths: 2
  • Unit 4 Bedrooms: 4
  • Unit 4 Status: Leased
  • Unit 4 Rental Amount: $1,800.00
Unit 5
  • Unit 5 Rental Agreement: Yes
  • Unit 5 Rental Amt Freq: Monthly
  • Unit 5 Status: Leased
  • Unit 5 Baths: 1
  • Unit 5 Bedrooms: 2
  • Unit 5 Lease Term: Annual
  • Unit 5 Rental Amount: $1,200.00
Unit 6
  • Unit 6 Rental Agreement: Yes
  • Unit 6 Lease Term: Annual
  • Unit 6 Baths: 1
  • Unit 6 Bedrooms: 2
  • Unit 6 Rental Amt Freq: Monthly
  • Unit 6 Status: Leased
  • Unit 6 Rental Amount: $1,500.00
Unit 7
  • Unit 7 Bedrooms: 2
  • Unit 7 Baths: 1
  • Unit 7 Rental Agreement: Yes
  • Unit 7 Lease Term: Annual
  • Unit 7 Rental Amt Freq: Monthly
  • Unit 7 Status: Leased
  • Unit 7 Rental Amount: $1,500.00

Property History for 2003 Main Street

DateEvent & SourcePriceAppreciation
Jun 30, 2026

Listed (Active)

New England Real Estate Network #5097398

$815,000—
Jan 17, 2012

Sold (Public Record)

Public Record #325381200

$212,500—
Jan 13, 2012

Sold

New England Real Estate Network #3103562

$212,500—
DateEvent & SourcePrice
06/30/2026

Listed (Active)

New England Real Estate Network #5097398

$815,000
01/17/2012

Sold (Public Record)

Public Record #325381200

$212,500
01/13/2012

Sold

New England Real Estate Network #3103562

$212,500

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 2003 Main Street

Taxable ValueLand$20,600Additions$414,300Total$434,900
Tax Record2024$12,285 ($1,024 / month)
Home Facts
Lot Size31,363 SqFtStyleMulti-Family Dwelling (2-4)CountyWINDSORAPN(041) 2V21-163

Schools near 2003 Main Street

This home is within Green Mountain Unified School District.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 7 to 12
Rating
School
Distance
Cavendish Town Elementary School
PublicPK to 6

Green Mountain Uhsd #35
Public7 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

2003 Main Street is a multi-family home for sale in Cavendish, VT 05142. This property was listed for sale on June 30, 2026 by Nancy Jenkins Real Estate, it's currently listed at $815,000. It has been on the market for a total of 1 days and was last sold on January 17, 2012. This listing's school district is Green Mountain Unified School District. Nearby schools include Cavendish Town Elementary School and Green Mountain Uhsd #35. 2003 Main Street is a 14-bed, 8-bath, 4,723 sqft multi-family home built in 1890.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Nancy Jenkins Real Estate

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