NOT LISTED FOR SALE

2 Lincoln St Springfield, VT 05156

Estimated Value: $210,000 - $286,290

6 Beds
2 Baths
2,372 Sq Ft
$105/Sq Ft Est. Value

Last Sold November 15, 2023

Last sale price $205,000 $86 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $1,806/month

16 Days on Market

About This Home

As of November 2023

Location, location, location! Are you thinking it's time to get in on the real estate trend we call house hacking? This is the building for you.... Live in one unit, and let the tenants pay the mortgage. This wonderful 2 unit is just the ticket. Each level is a 2-3 bedroom apartment with hardwood floors, built ins, full baths, covered porches, and plenty of parking. Aside from being well maintained, having a cute little yard, standing seam roof and vinyl siding is the neighborhood. This is one you should definitely come see.

Last Agent to Sell the Property

Katie Ladue Gilbert

KW Vermont Woodstock License #082.0008379 Listed on: 09/12/2023

KW Vermont Woodstock

Last Buyer's Agent

Gary Coger

Four Seasons Sotheby's Int'l Realty License #081.0054095

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1930

Lot Details

  • 7,405 Sq Ft Lot
  • Level Lot

Home Design

  • Duplex
  • Concrete Foundation
  • Wood Frame Construction
  • Vinyl Siding

Interior Spaces

  • 2 Full Bathrooms
  • 2,372 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Interior Basement Entry

Parking

  • 4 Car Parking Spaces
  • Driveway
  • Paved Parking
  • Off-Site Parking

Utilities

  • Radiator
  • Heating System Uses Oil
  • 100 Amp Service
  • Electric Water Heater
  • Cable TV Available

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $11,600
  • Gross Income $31,260
  • Net Operating Income $19,660

Property Details

Home Type

Multi-Family

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Duplex
  • Directions: Use GPS for most accurate directions.
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 86.42
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 3372
  • Sq Ft - Apx Total Finished: 2372
  • Year Built: 1930
  • Remarks Public: Location, location, location! Are you thinking it's time to get in on the real estate trend we call house hacking? This is the building for you.... Live in one unit, and let the tenants pay the mortgage. This wonderful 2 unit is just the ticket. Each level is a 2-3 bedroom apartment with hardwood floors, built ins, full baths, covered porches, and plenty of parking. Aside from being well maintained, having a cute little yard, standing seam roof and vinyl siding is the neighborhood. This is one you should definitely come see.
  • List Agent: 8746
  • Unique Disclaimer: The listing broker's offer of compensation is made only to other real estate licensees who are participant members of PrimeMLS.
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Unfinished
  • Sq Ft - Apx Finished AG: 2372
  • Sq Ft - Apx Unfinished BG: 1000

Exterior Features

  • Construction: Wood Frame
  • Driveway: Paved
  • Exterior: Vinyl
  • Foundation: Concrete
  • Road Frontage: Yes
  • Roads: Public
  • Roof: Standing Seam

Garage/Parking

  • Parking: Driveway, Off-Site, Parking Spaces 4

Utilities

  • Electric: 100 Amp, Circuit Breaker(s)
  • Sewer: Public
  • Water: Public
  • Water Heater: Electric
  • Heating Fuel: Oil
  • Heating: Radiator
  • Separate Utilities: Varies
  • Total Electric Meters: 3
  • Total Heat Units: 1
  • Total Ranges: 2
  • Total Refrigerators: 2
  • Total Water Heaters: 1
  • Utilities: Cable - Available

Fee Information

  • Tax Class: Non-Homestead

Lot Info

  • Lot Sq Ft: 7405
  • Lot Acres: 0.17
  • Lot Description: Level
  • Surveyed: Unknown
  • Zoning: MDR
  • Deed Book: 327
  • Deed Page: 258
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 31260
  • Net Income: 19660
  • Total Full Baths: 2
  • Total Units: 2
  • Total3 Plus Bedroom Units: 2

Tax Info

  • Tax Gross Amount: 5225
  • Tax Year: 2023

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2023 11/15/23 Sold $205,000 -6.8% $86 / Sq Ft
09/28/2023 09/28/23 Pending -- -- --
09/12/2023 09/12/23 For Sale $219,900 -- $93 / Sq Ft
Source: PrimeMLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,726 $161,900 $31,500 $130,400
2023 $2,311 $161,900 $31,500 $130,400
2022 $5,225 $161,900 $31,500 $130,400
2021 $5,223 $139,800 $24,000 $115,800
2020 $5,163 $139,800 $24,000 $115,800
2019 $4,956 $139,800 $24,000 $115,800
2018 $5,013 $139,800 $24,000 $115,800
2016 $4,207 $144,400 $29,000 $115,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4969714

PrimeMLS

APN: 606-190-11827