- $249,000
- MLS#: 5035882
- 3
- # of Units
- 3,198
- Total Sq. Feet
- 0.40
- Acres
- $3,983
- Taxes
1 of 42
General Property Information
- Price:
- $249,000
- County:
- VT-Windsor
- Acres:
- 0.40
- Property Type:
- Multi-Family
- Property Status:
- Under Contract
- # of Units:
- 3
- Agency/Brokerage:
- Daire Gibney
Barrett & Valley Associates Inc.
Prime Multi-Family Investment Opportunity in Springfield! With the recent annoucment of a $10mm develpment of the nearby hospial and mill builing complex you wont want to miss this exceptional income property near downtown Springfield, perfect for investors seeking both profitability and location this is up and coming Vermont Town. This three-unit building combines modern updates with accessibility to downtown amenities, ideal for attracting long-term tenants. The property features three 2 bedroom units. Units 1 and 2 have received significant updates enhancing both aesthetics and functionality. Unit 3, a spacious addition built in 2010, features a large eat-in kitchen with tile floors, two bathrooms, and independent heating and electrical systems. Recent upgrades include new energy-efficient heating systems and in-unit washer/dryers in all units, adding comfort and convenience. Comprehensive renovations in Unit 3 and stylish updates in Units 1 and 2 ensure a turnkey experience for incoming owners. Located steps from Springfield's lively riverfront, close to the hospital, a contemporary movie theatre, and a co-op grocery store, the area is well-served by public transport, enhancing tenant commute and lifestyle. This property stands out with its solid rental history and potential for future rent increases, thanks to ongoing demand in this desirable area. A stellar investment opportunity awaits in the heart of Springfield.
Features
- Property Type:
- Multi-Family
- # of Units:3
- Subdivision Name:
- Year Built:
- 1886
- Parking:
- Road Frontage:
- 0
- Acres:0.40
- Gross Income:
- 49,800
- Annual Expenses:
- 0
- # of Gas Meters:
- # of Electric Meters:
- 0
- Sq Ft (Above Ground):
- 3198
- Sq Ft (Below Ground):
- 0
- Total Sq Ft:
- 3198
- Land Description:Level,In Town,Near Hospital,Near School(s)
- Elementary School:
- Union Street School
- Middle School:
- Riverside Middle School
- High School:
- Springfield High School
- Financing Details:
- Documents Available:
Unit Information
Unit 1
- #Rooms:
- 0
- #Bedrooms:
- #Baths:
- Sq. Ft.:
- 0
- Floor:
- Unit Style:
- Monthly Rent:
- 0.00
Unit 2
- #Rooms:
- #Bedrooms:
- 0
- #Baths:
- Sq. Ft.:
- 0
- Floor:
- Unit Style:
- Monthly Rent:
- 0.00
Unit 3
- #Rooms:
- #Bedrooms:
- #Baths:
- Sq. Ft.:
- 0
- Floor:
- Unit Style:
- Monthly Rent:
- 0.00
Other Information
- List Date:
- 2025-04-11
- Last Updated:
