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Renovated Multifamily Campus
For Sale
$2,900,000

14 Westminster Street, Rockingham, VT 05101

Six brick buildings combine residential rentals, commercial space, and established utility infrastructure across a substantial Vermont campus.

Property Size34,419 SF
Lot Size140.00 Acres
Price / SF$84.26
Days on Market138

Property Features for 14 Westminster Street

General Information

Standard status Active
Size 34,419 SF
Lot size 140.00 Acres
Property subtype Multi Family
Zoning SR

Site & Location

Highway Access Yes
Road Access Yes
Utilities to Site Yes

Additional Details

Multifamily Units 24

Taxes and HOA fees

Annual Taxes $58,472

Amenities

Tenant
Propane, Oil, Baseboard, Vented Gas Heater, Individual, Steam, Boiler
Yes
2
25
Walkout
Unfinished
Slate
Brick Exterior

Building Details

Year Built 1950
Buildings 6
Construction brick
Listing Agency: Berkley & Veller Greenwood Country
Listed By: Heidi Bernier
Source: Compass
Added: Apr 16 Changed: Aug 30 Last Checked: Aug 30 at 11:37PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Berkley & Veller Greenwood Country

Investment Insights

Based on property information with market context.

The property encompasses 140 acres with six extensively renovated brick buildings totaling 34,419 square feet. The campus includes 24 residential rental units and three commercial spaces, supported by underground three-phase power, high-speed cable connectivity to each unit, a private professionally managed 117,000-gallon water system, and municipal wastewater service. A revenue-generating cell tower is located on more than 100 acres of wooded hillside, and the cell tower lessee has a 30-day ROFR.

Ten level acres include town-road or private-road frontage along with water and sewer availability. The property is within walking distance of the Village of Saxtons River, with Vermont Academy, the Saxtons River Inn, a performing arts organization, a yoga studio, and the Village Market nearby. Exit 5 on I-91 and Bellows Falls are approximately ten minutes away by car.

The campus was originally established as a girls’ school and has undergone a series of renovations and upgrades since its acquisition 22 years ago. The property is also listed under commercial MLS #5085323.

Key Highlights

  • 140‑acre campus with 24 residential rental units and 3 commercial spaces
  • Six extensively renovated brick buildings totaling 34,419 square feet
  • Revenue‑generating cell tower on over 100 acres of wooded hillside

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Building Supply Dental Office Parking Lot & Garage Auto Parts Store Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

24
Residential units
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

459
Businesses Nearby

Demographics for 05101, VT

4,139
Population
2,296
Households
1.8
Avg Household Size
46
Median Age
34%
College-Educated
98%
High-School Grad
27.9 sq mi
ZIP Area
148
Density / Sq Mi
$71,625
Median Household Income
$45,068
Median Earnings
$1,081
Median Rent
$187,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Six brick buildings combine residential rentals, commercial space, and established utility infrastructure across a substantial Vermont campus.
Where is this apartment building located?
The property is located at 14 Westminster Street Rockingham, VT.
What is the asking price?
The asking price for this property is $2,900,000.
What are key features of this property?
This property features: 140‑acre campus with 24 residential rental units and 3 commercial spaces; Six extensively renovated brick buildings totaling 34,419 square feet; Revenue‑generating cell tower on over 100 acres of wooded hillside
More about this property
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