List Price: $699,000 | $164 per sq.ft. Multi Family A 4 Unit Multi Family Home
With 0 One Bedroom Units , 3 - Two Bedroom Units ,1 - Three Bedroom Units
Date Listed Tuesday Jun 30, 2026 | MLS# 5097402
With 0 One Bedroom Units , 3 - Two Bedroom Units ,1 - Three Bedroom Units
Date Listed Tuesday Jun 30, 2026 | MLS# 5097402
To see this Listing
Address: 62 Twenty Mile Stream Road Village of Proctorsville in Town of Cavendish VT
Listed by The Nancy Jenkins Team Nancy Jenkins Real Estate
Description:
Turnkey and meticulously maintained, this 4-unit multifamily property offers strong cash flow and peace of mind for the next investor. Listed at just over an 8% cap rate, the property features three 2-bedroom, 1-bath units and one spacious 4-bedroom, 2-bath unit, providing an attractive mix for a variety of tenants. Significant recent improvements include two new heating systems and a partial roof replacement in 2024, along with new Trex decks added in 2025, reducing future maintenance costs and enhancing tenant appeal. Pride of ownership is evident throughout, making this an excellent opportunity for investors seeking a stable, well-cared-for asset with durable updates already in place. Whether expanding an existing portfolio or acquiring a quality multifamily property, this is an opportunity not to be missed. 3D Virtual Tours Available Upon Request. Operating Expenses : Insurance,Maintenance,Snow Removal,Water/Sewer
Annual Expenses
Taxes: $5,733
Taxes: $5,733
Income
Gross Income | $76,800
NetIncome | $57,106
Gross Income | $76,800
NetIncome | $57,106
UNIT 1 INFORMATION
Beds: 2
Baths: 1
Rooms: 0
Rent : 1500.00 Monthly
Lease Term : Annual
Signed Lease : Yes
Status : Leased
UNIT 2 INFORMATION
Beds: 2
Baths: 1
Rooms: 0
Rent : 1575.00 Monthly
Lease Term : Annual
Signed Lease : Yes
UNIT 3 INFORMATION
Beds: 4
Baths: 2
Rent : 1800.00 Monthly
Lease Term : Annual
Signed Lease : Yes
Status : Leased
UNIT 4 INFORMATION
Beds: 2
Baths: 1
Rent : 1525.00 Monthly
Lease Term : Annual
Status : Leased
Construction: Wood Frame
Year Built: 1890
Style: Colonial
Floors | Stories: 2.5
No. Elevators:
Total Sq.Ft. Finished: 5682
Above Grade Sq.Ft.: 4252
Basement: Unfinished
Year Built: 1890
Style: Colonial
Floors | Stories: 2.5
No. Elevators:
Total Sq.Ft. Finished: 5682
Above Grade Sq.Ft.: 4252
Basement: Unfinished
Roof: Shingle | Slate
Seasonal: No
Seasonal: No
Heating: Propane | Oil | Baseboard
Cooling: None
Electric: Circuit Breaker(s)
Utilities: Cable Available
Electric Meters:
Water: Public
Sewer: Public
Cooling: None
Electric: Circuit Breaker(s)
Utilities: Cable Available
Electric Meters:
Water: Public
Sewer: Public
Land Information
Level | Near Shopping | Near Skiing
Lot size: 1.4 acres
Zoned: Residential)
Surveyed: Unk
Flood Zone: No
Driveway: Gravel
Level | Near Shopping | Near Skiing
Lot size: 1.4 acres
Zoned: Residential)
Surveyed: Unk
Flood Zone: No
Driveway: Gravel
Additional Information
Taxes $5,733
Assesed Value Not Reported
Taxes $5,733
Assesed Value Not Reported
Schools
