Description
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!
Details
| MLS # | 5110692 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | (10) Active - Active |
| Year | 1860 |
| Days On Site | 21 |
| Listing Provided By | Vermont Real Estate Company | Kara Koptiuch |
Features
| Garage | 2 |
|---|---|
| Basement | Y |
| Story(s) | 2 |
| Units | 3 |
| Zoning | None |
| Acreage | 0.52 |
Interior
| Rooms Total | 0 |
|---|---|
| Cooling | Mini Split |
| Heating | Propane, Electric |
| Appliances | Propane Water Heater, Owned Water Heater |
Exterior
| Exterior Features | Garden, Natural Shade, Outbuilding, Covered Porch |
|---|---|
| Roof | Membrane, Slate, Standing Seam |
| Construction Materials | Wood Frame, Wood Siding |
| Foundation Details | Stone |
| Lot Features | Level, Open Lot, Trail/Near Trail, Near Shopping, Near Skiing, Near Snowmobile Trails |
Parking
| Garage Yes / No | Yes |
|---|---|
| Parking Features | Driveway, Garage |
Utilities
| Utilities | Cable Available |
|---|---|
| Electric | Circuit Breakers |
| Sewer | Public |
Taxes
| Tax Annual Amount | 7233.81 |
|---|---|
| Tax Year | 2026 |
Area Information
| State | VT |
|---|---|
| County | Lamoille |
| City | Cambridge |
| Zip Code | 05444 |
| Area | VT Lamoille |
| School District | Lamoille North |
| Elementary School | Cambridge Elementary |
| High School | Lamoille UHSD #18 |
| Listing VS Median (in 05444) | |
Price: $475,000 low | high Med: $0 On site: 21 low | high Med: | |
Market Activity 05444
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Learn More About This Property
| State | VT |
|---|---|
| County | Lamoille |
| City | Cambridge |
| Zip Code | 05444 |
| Area | VT Lamoille |
| School District | Lamoille North |
| Elementary School | Cambridge Elementary |
| High School | Lamoille UHSD #18 |
| Listing VS Median (in 05444) | |
Price: $475,000 low | high Med: $0 On site: 21 low | high Med: | |