34 Union Street, Springfield, VT 05156

Local realty services provided by:ERA Key Realty Services
34 Union Street,Springfield, VT 05156
$290,000
  • - Beds
  • - Baths
  • 2,688 sq. ft.
  • Multi-family
  • Active
Listed by:michael gilman
Office:3gen real estate inc
MLS#:5028828
Source:PrimeMLS

Price summary

  • Price:$290,000
  • Price per sq. ft.:$71.92

About this home

Well maintained 4plex located in a desirable quaint residential Springfield neighborhood with a NOI of $33,000 and listed at over a 11% cap rate. Featuring spacious 4x1br, and abundant off-street parking and driveway. This building has been recently renovated and updated, and 1 unit has been left vacant for a potential owner/occupant. 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 30 Union St, a 3plex next door (see MLS#467867) as discount. Listing Broker is a member of the LLC selling the property.

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Home facts

  • Year built:1940
  • Listing Id #:5028828
  • Added:188 day(s) ago
  • Updated:August 08, 2025 at 02:04 PM

Rooms and interior

  • Living area:2,688 sq. ft.

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Roof:Asphalt Shingle
  • Year built:1940
  • Building area:2,688 sq. ft.
  • Lot area:0.1 Acres

Utilities

  • Sewer:Public Available

Finances and disclosures

  • Price:$290,000
  • Price per sq. ft.:$71.92
  • Tax amount:$4,089 (2024)
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 14, 2025