List Price: $2,900,000 | $84 per sq.ft. Multi Family A 24 Unit Multi Family Home
With 4 One Bedroom Units , 20 - Two Bedroom Units ,0 - Three Bedroom Units
Date Listed Friday Apr 24, 2026 | MLS# 5085325



Address: 14-15-17-21-25- Westminster Street Village of Saxtons River in Town of Rockingham VT
Listed by Heidi Bernier Berkley & Veller Greenwood Country Off: 802-254-6400
Description:
For developers or investors seeking property with stable income and growth potential, the Warner Center campus presents an excellent opportunity. This surveyed 140-acre property comprises 24 residential rental units and 3 commercial spaces within six extensively renovated brick buildings - over 34,000sf altogether. The buildings are situated in a spacious, sunlit field, conveniently located within walking distance of the historic Village of Saxtons River, which features Vermont Academy, the Saxtons River Inn, a performing arts organization, yoga studio, and the Village Market. Ten minutes' drive to Exit 5 on I-91 or Bellows Falls. The campus includes over 100 acres of wooded hillside equipped with a revenue-generating cell tower. The property benefits from a private 20,000-gallon water system, municipal wastewater services, underground three-phase power, and high-speed cable connectivity to each unit. Ten level acres offer town road or private road frontage plus water and sewer, presenting additional development possibilities. The front acres are zoned for village use, while the RR-1 zoned land provides options for a planned unit development or individual lots. Originally established as a girls' school, the campus was acquired 22 years ago by an investor who has implemented a series of strategic renovations and upgrades, resulting in an attractive living and working environment. Also listed under commercial MLS #5085323
Annual Expenses

Taxes: $58,472
Income
Gross Income | $353,000

Construction: Brick Exterior
Year Built: 1950
Style: Colonial
Floors | Stories: 2
No. Elevators:
Total Sq.Ft. Finished: 34419
Above Grade Sq.Ft.: 34419
Basement: Unfinished
Roof: Slate
Seasonal: No
Heating: Propane | Oil | Baseboard | Vented Gas Heater | Individual | Steam | Boiler
Cooling: None
Electric: 110 Volt | 220 Plug | 220 Volt | 3 Phase | Circuit Breaker(s)
Trash: Tenant
Utilities: Cable
Electric Meters:
Water: Cistern | Community | Drilled Well | Private
Sewer: Public
Land Information
Country Setting | Hilly | Landscaped | Leased | Level | River Frontage | Wooded | Near Shopping | Valley
Lot size: 139.7 acres
Zoned: SR)
Surveyed: Yes
SurveyedBy: Di Bernardo
Flood Zone: No
Road Frontage: 470
Driveway: Paved
Additional Information
Taxes $58,472
Assesed Value Not Reported
Schools
School District: Windham Northeast

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