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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18 Forgan Lane

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

Sold Price  $575,000 Sold Date  Feb 5th, 2015
MLS#  4254984 Bedrooms  12 Garage Size  0 Car
List Price  650,000 Total Bathrooms  12 Year Built  2000
Type  Multi-Family Lot Size  6.7000 Acres Taxes $11,814
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
Gross Income  $0 Operating Expenses  $0 Net Income  $64,800
Expenses Includes 
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
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  
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
School District  Lamoille North Middle  Lamoille Middle School
Elementary  Cambridge Elementary High  Lamoille UHSD #18
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
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† The remarks published on this webpage originate from Listed By Ken Libby of via the NNEREN IDX Program and do not represent the views and opinions of Coldwell Banker Hickok & Boardman. Coldwell Banker Hickok & Boardman Realty cannot be held responsible for possible violations of copyright resulting from the posting of any data from the NNEREN IDX Program.