53 Gatehouse Hill Dr. Cambridge, Vermont 05444 MLS# 4259690

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Sold Status

$655,000 Sold Price

Multi Type

11 Beds

10 Baths

4,328 Sqft

Listed By Pall Spera of Pall Spera Company Realtors-Stowe
Sold By Vermont Realty Services LLC
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Lamoille County

53 Gatehouse Hill Dr.

This could be a double your money type investment. The property, once leased should be able to generate a 10% annualized return. Further, the property is 12 acres subdivided into 7 lots (each almost 2 acres). Start building and selling (or renting) similar duplexes, or sell the lots. There are endless combinations to make money on your investment... call for more details.

Property Location

53 Gatehouse Hill Dr. Cambridge

Property Details

Sold Price  $655,000 Sold Date  Nov 15th, 2013
MLS#  4259690 Bedrooms  11 Garage Size  2 Car
List Price  650,000 Total Bathrooms  10 Year Built  1978
Type  Multi-Family Lot Size  12.0000 Acres Taxes $15,026
Units  3 Stories  2 Road Frontage  553
Annual Income  $0 Style  Duplex Water Frontage  
Annual Expenses  $0 Finished  4,328 Sqft Construction  No, Existing
Zoning   unknown Above Grade  3,328 Sqft Seasonal  No
Total Rooms  11 Below Grade  1,000 Sqft List Date  Aug 1st, 2013
Gross Income  $0 Operating Expenses  $0 Net Income  $84,000
Expenses Includes 
Unit 1   5 Beds, 4 Baths, $0/Mo Unit 2   4 Beds, 4 Baths, $0/Mo
Unit 3   2 Beds, 2 Baths, $0/Mo
ConstructionWood Frame
BasementFull, Concrete, Finished
Interior Features
Exterior Features
Exterior  Vertical Disability Features  
Foundation  Concrete House Color  Brown
Floors  Ceramic Tile, Hardwood Building Certifications  
Roof  Shingle-Architectural HERS Index  
DirectionsTake Rte 108, heading from Jeffersonville to the Notch, the entry is on your right. You will see a sign, Big Pines, across from the Brewski.
Lot DescriptionLandscaped, Mountain View, Country Setting, Ski Area, Cul-de-Sac, Rural Setting
Garage & Parking  Yes, Detached, 2 Parking Spaces
Road Frontage  553 Water Access  
Driveway  Gravel Water Type  
Flood Zone  No Water Body  
Zoning  unknown
School District  NA Middle  
Elementary  Cambridge Elementary High  Lamoille UHSD #18
Heat Fuel  Electric Excluded  
Heating/Cool  Baseboard Negotiable  
Sewer  Shared, Leach Field Parcel Access ROW  
Water  Drilled Well ROW for Other Parcel  
Water Heater  Electric Financing  
Cable Co   Documents  Survey, Deed
Electric  Circuit Breaker Tax ID  123-038-12051
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† The remarks published on this webpage originate from Listed By Pall Spera of Pall Spera Company Realtors-Stowe 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.