107 Depot Street Cambridge, Vermont 05464 MLS# 4905791

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Sold Status

$345,000 Sold Price

Multi Type

8 Beds

4 Baths

2,496 Sqft

Listed By Lipkin Audette Team of Coldwell Banker Hickok & Boardman - (802) 846-8800
Sold By Lipkin Audette Team of Coldwell Banker Hickok and Boardman
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107 Depot Street

Unique investment opportunity in the heart of Jeffersonville! This 4-unit building is fully occupied with a nearly 6% cap rate with an upside on rents. All units are similar floor plans with 2 bedrooms, 1 bath. Coin-op laundry and locked storage in the basement. Plenty of off-street parking for all. Shared backyard for relaxing, entertaining, or gardens. Dead end street with minimal traffic plus tenants love the easy access to restaurants, Rail Trail bike path, and all town amenities. 8 minute drive to Smuggler's Notch for year-round recreation! New roof within the past 2 years. Perfect investment for skiers, mountain lovers, and more!

Property Location

107 Depot Street Cambridge

Property Details

Sold Price  $345,000 Sold Date  Jun 22nd, 2022
List Price  389,000 Bedrooms  8 Garage Size   Car
Cooperation Fee  Unknown Total Bathrooms  4 Year Built  1978
MLS#  4905791 Lot Size  0.4 Acres Taxes $4,282
Type  Multi-Family Days on Market  947 Days Tax Year 2021
Units  4 Stories  2 Road Frontage  204
Annual Income  $39,204 Style  Multi-Family Water Frontage  
Annual Expenses  $0 Finished  2,496 Sqft Construction  No, Existing
Zoning   Residential Above Grade  2,496 Sqft Seasonal  No
Total Rooms  8 Below Grade  0 Sqft List Date  Apr 19th, 2022
Gross Income  $39,204 Operating Expenses  $0 Net Income  $23,259
Expenses Includes 
Unit 1   2 Beds, 1 Baths, 624 SqFt, $825/Monthly Unit 2   2 Beds, 1 Baths, 624 SqFt, $850/Monthly
Unit 3   2 Beds, 1 Baths, 624 SqFt, $785/Monthly Unit 4   2 Beds, 1 Baths, 624 SqFt, $800/Monthly
ConstructionWood Frame
BasementWalk-up, Assigned Storage, Bulkhead, Unfinished, Sump Pump, Full, Unfinished, Exterior Access
Interior Features
Exterior Features
Exterior  Vinyl Disability Features  
Foundation  Poured Concrete House Color  Grey
Floors  Vinyl, Carpet Building Certifications  
Roof  Shingle-Asphalt HERS Index  
DirectionsRoute 15 east through Cambridge into Jeffersonville, right onto Depot Street, see sign.
Lot Description, Other
Garage & Parking  No, , , Driveway
Road Frontage  204 Water Access  
Driveway  Gravel, Dirt Water Type  
Flood Zone  Unknown Water Body  
Zoning  Residential
School District  NA Middle  Lamoille Middle School
Elementary  Cambridge Elementary High  Lamoille UHSD #18
Heat Fuel  , Oil Excluded  
Heating/Cool  None, Baseboard, Hot Water Negotiable  
Sewer  Public Parcel Access ROW  
Water  Public ROW for Other Parcel  
Water Heater  Electric, Owned, Off Boiler Financing  
Cable Co  Stowe Cable Documents  
Electric  Circuit Breaker Tax ID  123-038-11741
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