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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 Location
2003 Main Road Cavendish
Property Details
List Price 815,000
Bedrooms 14
Garage Size Car
Cooperation Fee Unknown
Total Bathrooms 8
Year Built 1890
MLS# 5097398
Lot Size 0.72 Acres
Taxes $12,481
Type Multi-Family
Days on Market 12 Days
Tax Year 2025
Units 7
Stories 1/2/1900
Road Frontage 73
Annual Income $115,200
Style In Town
Water Frontage
Annual Expenses $0
Finished 4,723 Sqft
Construction No, Existing
Zoning Residential
Above Grade 4,723 Sqft
Seasonal No
Total Rooms 14
Below Grade 0 Sqft
List Date Jun 30th, 2026
Gross Income $115,200
Operating Expenses $0
Net Income $81,391
Expenses Includes
Unit 1 2 Beds, 1 Baths, $1,400/Monthly
Unit 2 1 Beds, 1 Baths, $1,100/Monthly
Unit 3 1 Beds, 1 Baths, $1,100/Monthly
Unit 4 4 Beds, 2 Baths, $1,800/Monthly
Unit 5 2 Beds, 1 Baths, $1,200/Monthly
Unit 6 2 Beds, 1 Baths, $1,500/Monthly
Unit 7 2 Beds, 1 Baths, $1,500/Monthly
Construction
BasementInterior, Unfinished
Interior Features
Exterior Features
Exterior
Disability Features
Foundation
House Color
Floors
Building Certifications
Roof Slate
HERS Index
Directions
Lot Description
Garage & Parking No
Road Frontage 73
Water Access
Driveway Gravel
Water Type
Flood Zone No
Water Body
Zoning Residential
School District NA
Middle
Elementary
High
Heat Fuel , Electric, Oil
Excluded
Heating/Cool None, Electric, Baseboard
Negotiable
Sewer Public
Parcel Access ROW
Water
ROW for Other Parcel
Water Heater
Financing
Cable Co
Documents
Electric Circuit Breaker
Tax ID 132-041-10733
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† The remarks published on this webpage originate from Listed By The Nancy Jenkins Team of Nancy Jenkins Real Estate via the PrimeMLS IDX Program and do not represent the views and opinions of Coldwell Banker Hickok & Boardman. Coldwell Banker Hickok & Boardman cannot be held responsible for possible violations of copyright resulting from the posting of any data from the PrimeMLS IDX Program.
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