Address Withheld By Seller, Springfield, VT 05156

Local realty services provided by:Better Homes and Gardens Real Estate The Masiello Group
Address Withheld By Seller,Springfield, VT 05156
$220,000
  • - Beds
  • - Baths
  • 2,655 sq. ft.
  • Multi-family
  • Active
Listed by:michael gilman
Office:3gen real estate inc
MLS#:5053938
Source:PrimeMLS

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Price summary

  • Price:$220,000
  • Price per sq. ft.:$71.08

About this home

Well maintained 3plex located in a desirable quaint residential Springfield neighborhood with a NOI of over $28,000 and listed at over a 12%+ cap rate. This property features a desirable mix of spacious 2x2br/1ba and 1x1br/1ba, and a 5 car driveway. This building has been recently renovated and updated, and is 100% occupied. Current gross income is north of $44,000 A new owner can step into to this turnkey and property starting year 1 based on current numbers to realize significant returns from cash-flow vs speculation. Or live in one unit while renting the others. Either way, you can take advantage of 100% bonus depreciation on this asset. Springfield is undergoing significant growth and investment, and this is an excellent opportunity to acquire a high cash flow property at a low valuation. The property is also available with a 34 Union St, a 4plex next door (see MLS#5028828) as discount. Listing Broker is a member of the LLC selling the property. Reach out directly for property

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Home facts

  • Year built:1940
  • Listing ID #:5053938
  • Added:32 day(s) ago
  • Updated:August 31, 2025 at 10:24 AM

Rooms and interior

  • Living area:2,655 sq. ft.

Heating and cooling

  • Heating:Baseboard, Oil

Structure and exterior

  • Roof:Asphalt Shingle
  • Year built:1940
  • Building area:2,655 sq. ft.
  • Lot area:0.13 Acres

Utilities

  • Sewer:Public Available

Finances and disclosures

  • Price:$220,000
  • Price per sq. ft.:$71.08
  • Tax amount:$2,274 (25)
MLS LogoCopyright 2025 Prime MLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of Prime MLS. The information being provided is for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated August 31, 2025

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