Colonial Apartment
For Sale
$1,350,000
71 S Main Street, Cambridge, VT 05444
Multi-Family, Cambridge, VT
Property Size7,257 SF
Lot Size0.68 Acres
Price / SF$186.03
Days on Market162
Property Features for 71 S Main Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
Mixed Use
Bedrooms
8
Bathrooms
8
Full bathrooms
8
Rooms
Bedroom 5, Bedroom 6, Bathroom 2, Bathroom 7, Bathroom 8, Bedroom 2, Bedroom 8, Bathroom 5, Bedroom 7, Bedroom 3, Bedroom 1, Bathroom 1, Bathroom 3, Bathroom 4, Bedroom 4, Bathroom 6, Basement
Parking features
Off Street
Lot features
Corner
Elementary school
Cambridge Elementary
Middle school
Lamoille Middle School
High school
Lamoille UHSD #18
Elementary school district
Lamoille North
Middle school district
Lamoille North
High school district
Lamoille North
Directions
Route 15 into Cambridge Village to South East corner of Mansfield Ave.
Standard status
Active
Size
7,257 SF
Lot size
0.68 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
12048
Utilities
Utilities
Propane
Heating system
Propane (Heating), Space Heater, Forced Air, Baseboard, Hot Water(Heating), Oil
Water source
Public
Building Details
Year built
1826
Floors in Building
2
Number of units
9
Flooring type
Carpet, Laminate, Vinyl
Building materials
Brick Exterior, Vinyl Exterior
Roof type
Shingle, Slate
Architectural style
Colonial
Listing Agency:
KW Vermont · Keller Williams Realty
(802) 654-8500
Listed By:
Tony Shaw · License #082
(802) 654-8500
Added: Mar 21
Changed: Aug 20
Last Checked: Aug 29 at 4:06PM
MLS# 5080228
Copyright © 2026 PrimeMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This Colonial apartment property at 71 S Main Street in Cambridge, Vermont, contains 7,257 square feet on a 0.68-acre parcel. Built in 1826, the building has brick and vinyl exterior materials, shingle and slate roofing, and a combination of carpet, laminate, and vinyl flooring. Heating systems include propane, oil, forced air, baseboard, hot water, and space heaters. The property also includes a federal US Post Office and is fully leased.
The site is served by public water and propane utilities, with off-street parking available. Mixed Use zoning supports the property’s existing combination of apartment and post office functions. Its Cambridge location places the asset near the town’s commercial crossroads between St. Albans and destinations to the north and east.
The site is served by public water and propane utilities, with off-street parking available. Mixed Use zoning supports the property’s existing combination of apartment and post office functions. Its Cambridge location places the asset near the town’s commercial crossroads between St. Albans and destinations to the north and east.
Key Highlights
- 7,257‑square‑foot apartment property on 0.68 acres
- Built in 1826 with Colonial architecture
- Mixed Use zoning
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$70,982
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.26%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,419,640
$1.4M
Cap Rate 7%
$1,014,029
$1.0M
Cap Rate 9%
$788,689
$788.7K
Market Conditions
NOI Build-Up for 7,257 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$130.6K $18.00/SF
− Vacancy
−$1.6K −$0.22/SF
EGI
$129.1K $17.78/SF
− OpEx
−$58.1K −$8.00/SF
NOI
$71.0K $9.78/SF
Area
Chittenden County, VT
Vacancy
1.20%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,419,640
Cap Rate 7%
$1,014,029
Cap Rate 9%
$788,689
Alternative Uses
Best Use
Apartment 5plus
$1.01M
$887.3K – $1.18M
NOI $70,982 @ 7.0% cap · market cap 5.26%
Second Best
Mixed Use
$998.7K
$873.8K – $1.17M
NOI $69,907 @ 7.0% cap · market cap 5.18%
Theoretical Best
Office A
$1.99M
$1.74M – $2.32M
NOI $139,334 @ 7.0% cap · market cap 10.32%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
74
Businesses Nearby
Explore this area
Business Placement
Demographics for 05444, VT
1,948
Population
706
Households
2.8
Avg Household Size
40
Median Age
42%
College-Educated
98%
High-School Grad
28.0 sq mi
ZIP Area
70
Density / Sq Mi
$101,336
Median Household Income
$51,763
Median Earnings
$1,160
Median Rent
$342,800
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Apartment building - Fully leased mixed-use property with off-street parking and a federal US Post Office component.
Where is this apartment building located?
The property is located at 71 S Main Street Cambridge, VT.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: 7,257‑square‑foot apartment property on 0.68 acres; Built in 1826 with Colonial architecture; Mixed Use zoning
