Springfield, VT 05156,30 Union ST
Springfield, VT 05156,30 Union ST
Springfield, VT 05156,30 Union ST
Springfield, VT 05156,30 Union ST
Springfield, VT 05156,30 Union ST
Springfield, VT 05156,30 Union ST
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Listed by Michael Gilman • 3GEN Real Estate Inc
$ 220,000
Est. payment | /mo

5 Beds

3 Baths

2,655 SqFt


Save
$ 220,000
Est. payment | /mo
Save

5 Beds

3 Baths

2,655 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,655 sqft

Price per Sqft $82

MLS Listing ID 5053938

Bedrooms 5

Full Baths 3

Construction Status Existing

Year Built 1940

Annual Tax Amount $2,274

Tax Year 25

Lot Size 5,662 Sqft

Acres 0.13

Property Description

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 OM and financials.

Location

State VT

County Vt-windsor

Area Vt-Windsor

Zoning Residential

Rooms

Basement Entrance Interior

Basement Unfinished

Interior

Cooling None

Exterior

Utilities Available Cable

Roof Type Asphalt Shingle

Building

Story 2

Sewer Public

Architectural Style Cape

Construction Status Existing

PrimeMLS
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30 Union ST