About this home
Fully occupied and offering strong investment potential, this beautifully updated village property presents a versatile mixed-use opportunity with two turnkey rental units and ground-level commercial space. Situated on a generous half-acre lot, the property blends modern improvements with original character. The fully renovated commercial space is currently home to El Gato Cantina, while the upper level features a completely renovated one-bedroom apartment with a full kitchen, 3/4 bath and high efficiency washer & dryer. A second rental unit on the main level offers a studio apartment with a private 3/4 bath. Recently inspected and brought into full fire code compliance, the property has undergone substantial upgrades, including a modern on-demand LP boiler, 22 high-efficiency Low-E vinyl windows, updated electrical with the panel relocated to the main level, blown-in cellulose and spray foam insulation, and an enlarged parking area. Outside, a detached garage, formerly a horse barn, offers additional storage, complemented by a spacious yard with mature perennials and a versatile shed. Enjoy a walkable village location close to shops, the library, art galleries and the Cambridge Community Center, with Smugglers' Notch Resort, the Lamoille River and Rail Trail just minutes away. A compelling opportunity to own an established income-producing property with residential and commercial rental potential in the heart of Cambridge!
Listing last checked: Listing updated:
Listed by Kara Koptiuch · Vermont Real Estate Company · MLS #5110692
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Details at a glance
Interior4 property facts
- Rooms
- 1
- Heating
- Propane, Electric
- Flooring
- Hardwood, Vinyl, Softwood
- Basement
- Yes · Bulkhead, Concrete Floor, Full, Interior Stairs, Sump Pump, Unfinished, Interior Access, Exterior Access
Building6 property facts
- Style
- Multi Family
- Year built
- 1860
- Garage
- 2
- Parking
- 2
- Foundation
- Stone
- Roof
- Slate, Membrane
Land & utilities5 property facts
- Lot size
- 0.52 acres
- Water
- Public
- Sewer
- Public Sewer
- Pool
- Not reported
- Zoning
- None
Financial2 property facts
- Annual taxes
- $7,234
- Assessment year
- 2026
Location
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Estimated monthly cost
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Known monthly costs$3,005 / monthAdjust
- Principal & interest
- $2,402
- Property tax
- $603
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $7,234. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.
Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
More property insights
Photo-based condition insights
Overall presentation: average
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About 208 Main Street
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