Multi-Family for Sale: 34 Union Street, Springfield, VT 05156

4 beds
2,688 sqft
$290,000
$290,000
34 Union Street, Springfield, VT 05156
4 beds
2,688 sqft
$290,000
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Price:
$290,000

Type Multi-Family
Style Colonial
Beds 4
Square Feet 2,688 sqft
Lot Size 0.10 acres
Year Built 1940
Taxes Paid $4,089

City Springfield
County Windsor

MLS 5028828
Status Active
DOM 5 days
Listed by 3GEN Real Estate Inc, Michael Gilman
Immaculate 4plex located in a desirable quaint residential Springfield neighborhood with a NOI north of $32K and listed at over a 10% cap rate. Featuring spacious 4x1br, this building has been recently renovated and updated, and one unit has been left vacant for a potential owner occupancy and to facilitate showings. A new owner can step into to this turnkey investment, projected to yield over a 19% cash on cash return (90% financing assumed ) starting year 1 based on current numbers to realize significant returns from cash-flow vs speculation. Some rents are significantly under market and can be raised to market to achieve over a 30% cash on cash return. 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 available as a package with other buildings across VT for a buyer looking for a larger high cash flow turnkey multifamily portfolio. Listing Broker is a member of the LLC selling the property.

Lot & Building Features

Utilities Cable
Construction Clapboard Exterior
Cooling None
Heating Forced Air
Sewer Public
Tax Year 2024
Taxes Paid $4,089
Water Public
Basement Description Unfinished
Foundation Stone
Lot Description Corner
Roof Shingle - Asphalt
Garage No

Unit Features

Unit 1 Apx Sqft 672
Unit 1 Baths 1
Unit 1 Bedrooms 1
Unit 1 Rooms 3
Unit 2 Apx Sqft 672
Unit 2 Baths 1
Unit 2 Bedrooms 1
Unit 2 Rooms 3
Unit 3 Apx Sqft 672
Unit 3 Baths 1
Unit 3 Bedrooms 1
Unit 3 Rooms 3
Unit 4 Apx Sqft 672
Unit 4 Baths 1
Unit 4 Bedrooms 1
Unit 4 Rooms 3

Price History of 34 Union Street, Springfield, VT

Date Name Price Difference
02/07/2025 Listing Price $290,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Map of 34 Union Street, Springfield, VT

Location Map Street View
Photo of Kara Carrier
Kara Carrier
Principal Broker
Direct: 603-235-5243
Office
900 Hanover Street
Manchester, NH 03104

$
20%
1.41%
6.75%
$
$
$
Monthly Payment
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI

34 Union Street (MLS #5028828) is a multi-family listing located in Springfield, VT. This multi-family listing is 2,688 sqft and on a lot of 4,356 sqft (or 0.10 acres) and is 85 years old. This property was listed on 02/07/2025 and has been priced for sale at $290,000.

Nearby zip codes are 05030, 05143, 05150, 05151 and 05156 0000. This property neighbors other cities such as Baltimore, Charlestown, Chester, Rockingham and Weathersfield.

PrimeMLS

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: 3GEN Real Estate Inc

Copyright 2025 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers. personal, non- commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 02/12/2025