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Multi Family Home $699,000 | $164 per sq.ft.
4 Unit Multi Family Home,
62 Twenty Mile Stream Road Village of Proctorsville in Town of Cavendish VT
With 3 - Two Bedroom Units | 1 - Three Bedroom Units
| MLS# 5097402 -
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Listed by The Nancy Jenkins Team Nancy Jenkins Real Estate on June 30th 2026
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.
Gross Income : $76800
Net Income: $ -
UNIT 1 INFORMATION
Beds: 2Baths: 1Rooms: 0Rent : 1500.00 MonthlyLease Term : Annual Signed Lease : Yes Status : Leased
UNIT 2 INFORMATION
Beds: 2Baths: 1Rooms: 0Rent : 1575.00 MonthlyLease Term : Annual Signed Lease : Yes
UNIT 3 INFORMATION
Beds: 4Baths: 2Rent : 1800.00 MonthlyStatus : Leased
UNIT 4 INFORMATION
Beds: 2Baths: 1Rent : 1525.00 MonthlyStatus : Leased -
CONSTRUCTION
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Wood Frame Year Built: 1890
No. of Floors: 2.5
Total Sq.Ft. Finished: 4252
Above Grade Sq.Ft.: 4252
Price Per SQ.FT.: $164.39
Basement: Unfinished
Heating: Propane | Oil | Baseboard
Cooling: None
Electric: Circuit Breaker(s)
Utilities: Cable Available
Electric Meters:
Style: Colonial
Roof: Shingle | Slate
Water: Public
Sewer: Public
Seasonal: No
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LAND INFORMATION
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Level | Near Shopping | Near Skiing
Lot size: 1.4 acres
Zoned: Residential)
Surveyed: Unk
Flood Zone: No
Driveway: Gravel
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ADDITIONAL INFORMATION
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Taxes $5,733 | Assesed Value $0 in
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AREA INFORMATION
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Data last updated July 21st, 2026
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