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)
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