18 Forgan Lane Cambridge, Vermont 05464 MLS# 4254984

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Sold Status

$575,000 Sold Price

Multi Type

12 Beds

12 Baths

7,668 Sqft

Listed By Ken Libby of
Sold By Diane Schwarm Realty LLC

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Lamoille County

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Great Investor Property. Two buildings, 18 & 30 Forgan Lane, all units identical, built in 2000. Each unit is about 1208 sq. ft. and has open lower level with living room, kitchen and dining area separated by kitchen island and half bath. Covered Porch entry into Foyer. all units have washer/dryer and on upper level is 2 bedrooms and full bath. Each unit has an unfinished basement about 600 sq. ft. Lovely landscaped grounds makes for great setting for tenants. Rents have not been increased in many years. †

Property Location

18 Forgan Lane Cambridge

Property Details

Essentials

Sold Price $575,000		Sold Date Feb 5th, 2015
List Price 650,000	Bedrooms 12	Garage Size 0 Car
Cooperation Fee Unknown	Total Bathrooms 12	Year Built 2000
MLS# 4254984	Lot Size 6.7 Acres	Taxes $11,814
Type Multi-Family	Days on Market 4146 Days	Tax Year 2013
Units 6	Stories 2	Road Frontage 250
Annual Income $0	Style Other	Water Frontage
Annual Expenses $0	Finished 7,668 Sqft	Construction No, Existing
Zoning None	Above Grade 7,668 Sqft	Seasonal No
Total Rooms 12	Below Grade 0 Sqft	List Date Jul 16th, 2013

Expenses

Gross Income $0	Operating Expenses $0	Net Income $64,800

Expenses Includes

Unit Size & Rent

Unit 1 2 Beds, 2 Baths, 1,266 SqFt, $900/Mo	Unit 2 2 Beds, 2 Baths, 1,268 SqFt, $900/Mo
Unit 3 2 Beds, 2 Baths, 1,268 SqFt, $900/Mo	Unit 4 2 Beds, 2 Baths, 268 SqFt, $900/Mo
Unit 5 2 Beds, 2 Baths, 1,268 SqFt, $0/Mo	Unit 6 2 Beds, 2 Baths, 1,268 SqFt, $0/Mo

Building

ConstructionWood Frame
BasementWalk-up, Unfinished, Full, Concrete
Interior Features
Exterior Features

Exterior Vinyl, Clapboard	Disability Features
Foundation Concrete	House Color Blue
Floors Vinyl, Carpet	Building Certifications
Roof Shingle-Asphalt	HERS Index

Property

DirectionsFrom Smuggler's Notch Ski Area go North about 2 miles on Forgan Lane is on right adjacent to Highlander Motel. From Jeffersonville Village go South on Rt. 108 about 1.5 miles on left
Lot DescriptionRural Setting
Garage & Parking No, Unpaved, Unassigned, On Site

Road Frontage 250	Water Access
Driveway Common/Shared, Crushed Stone	Water Type
Flood Zone No	Water Body
Zoning None

Schools

School District Lamoille North	Middle Lamoille Middle School
Elementary Cambridge Elementary	High Lamoille UHSD #18

Utilities

Heat Fuel Gas-Lp/Bottle	Excluded
Heating/Cool Vented Gas Heater	Negotiable
Sewer 1000 Gallon, Leach Field, Septic	Parcel Access ROW No
Water Drilled Well	ROW for Other Parcel
Water Heater Gas-Lp/Bottle	Financing All Financing Options
Cable Co	Documents Building Plans, Deed, Property Disclosure
Electric 100 Amp, Circuit Breaker	Tax ID 12303811445

† The remarks published on this webpage originate from Listed By Ken Libby of 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.