$271,000
SOLD JUN 6, 2025

30 Pearl St Springfield, VT 05156

-- Bed
-- Bath
3,198 Sq Ft
0.4 Acres

Recently Sold

$85 Per Sq Ft

9% Above List Price

55 Days on Market

About This Home

As of June 2025

Prime Multi-Family Investment Opportunity in Springfield! With the recent annoucment of a $10mm develpment of the nearby hospial and mill builing complex you wont want to miss this exceptional income property near downtown Springfield, perfect for investors seeking both profitability and location this is up and coming Vermont Town. This three-unit building combines modern updates with accessibility to downtown amenities, ideal for attracting long-term tenants. The property features three 2 bedroom units. Units 1 and 2 have received significant updates enhancing both aesthetics and functionality. Unit 3, a spacious addition built in 2010, features a large eat-in kitchen with tile floors, two bathrooms, and independent heating and electrical systems. Recent upgrades include new energy-efficient heating systems and in-unit washer/dryers in all units, adding comfort and convenience. Comprehensive renovations in Unit 3 and stylish updates in Units 1 and 2 ensure a turnkey experience for incoming owners. Located steps from Springfield's lively riverfront, close to the hospital, a contemporary movie theatre, and a co-op grocery store, the area is well-served by public transport, enhancing tenant commute and lifestyle. This property stands out with its solid rental history and potential for future rent increases, thanks to ongoing demand in this desirable area. A stellar investment opportunity awaits in the heart of Springfield.

Last Agent to Sell the Property

Daire Gibney

Barrett and Valley Associates Inc. Listed on: 04/11/2025

Last Buyer's Agent

Lisa Kelley

Cummings & Co License #081.0120202

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,983

Year Built

  • Built in 1886

Lot Details

  • 0.4 Acre Lot
  • Level Lot

Home Design

  • Wood Frame Construction
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • Property has 2 Levels
  • Basement
  • Interior Basement Entry

Parking

  • Gravel Driveway
  • 1 to 5 Parking Spaces

Schools

  • Union Street Elementary School
  • Springfield High School

Utilities

  • Separate Meters
  • High Speed Internet

Community Details

Overview

  • 3 Units

Building Details

  • Gross Income $49,800
  • Net Operating Income $29,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,983

Year Built

Built in 1886

Lot Details

0

Listing Details

  • Directions: From downtown Springfield, take Park Street. Pearl St. will be first street on the right. House5th on the left.
  • Seasonal: No
  • Property Type: Residential Income
  • Year Built: 1886
  • Display On Internet: Fiber Optic Internt Avail
  • Architectural Style: Multi-Family
  • ResoLotFeatures: Level, In Town, Near Hospital, Near School(s)
  • Road Frontage Type: Paved, Public Maintained Road
  • MLS Status: (20) Closed - Closed
  • Above Grade Finished Sq Ft: 3198.0
  • Unit Levels: Two
  • ResoPropertyCondition: Existing
  • Flood_Zone: No
  • Foreclosed_Or_Bank_Owned_Or_REO: No
  • Pre_Construction: No
  • Basement_Access_Type: Interior
  • Separate_Utilities: Yes
  • Above_Grade_Unfinished_Area_Source: Public Records
  • Below_Grade_Unfinished_Area_Source: Public Records
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Concrete Floor
  • Basement YN: Yes

Exterior Features

  • Driveway: Gravel
  • Roof: Metal
  • Easements: Unknown
  • Construction Type: Wood Frame, Vinyl Siding
  • Foundation Details: Concrete Slab

Garage/Parking

  • Attached Garage: No
  • Parking Features: Parking Spaces 3 - 5

Utilities

  • Electric: 100 Amp Service
  • Sewer: Public Sewer
  • Heating: Propane
  • Cooling: None
  • Utilities: Cable Available
  • Water Source: Public

Schools

  • Elementary School: Union Street School
  • High School: Springfield High School

Lot Info

  • Surveyed: Unknown
  • Zoning: res
  • Lot Size Acres: 0.4
  • Lot Size Sq Ft: 17424.0

Multi Family

  • Gross Income: 49800.0
  • Number Of Units Total: 3
  • Net Operating Income: 29000.0

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 3983.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2025
Closed on
Jun 6, 2025
Sold by
For The Kids Llc
Bought by
Sullivan Patrick
Seller's Agent
Daire Gibney
Barrett and Valley Associates Inc.
Buyer's Agent
Lisa Kelley
Cummings & Co
List Price
$249,000
Sold Price
$271,000
Premium/Discount to List
$22,000
8.84%
Views
8
Current Estimated Value
$266,157

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,843
Avg. Annual Appreciation
-3.47%

Purchase Details

Listed on
Mar 11, 2022
Closed on
Jun 3, 2022
Sold by
Holl Peter W
Seller's Agent
Chelsea Richardson
Barrett and Valley Associates Inc.
Buyer's Agent
Daire Gibney
Barrett and Valley Associates Inc.
List Price
$119,900
Sold Price
$110,000
Premium/Discount to List
-$9,900
-8.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.92%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $271,000 --
Deed $110,000 --
Deed $110,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/06/2025 06/06/25 Sold $271,000 +8.8% $85 / Sq Ft
04/16/2025 04/16/25 For Sale $249,000 0.0% $78 / Sq Ft
04/12/2025 04/12/25 Off Market $249,000 -- --
04/11/2025 04/11/25 For Sale $249,000 +126.4% $78 / Sq Ft
06/03/2022 06/03/22 Sold $110,000 -8.3% $34 / Sq Ft View Prior Sale
03/24/2022 03/24/22 Pending -- -- --
03/11/2022 03/11/22 For Sale $119,900 -- $37 / 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 $3,983 $112,600 $16,300 $96,300
2023 $1,607 $112,600 $16,300 $96,300
2022 $3,634 $112,600 $16,300 $96,300
2021 $3,725 $99,700 $13,900 $85,800
2020 $3,682 $99,700 $13,900 $85,800
2019 $3,534 $99,700 $13,900 $85,800
2018 $3,575 $99,700 $13,900 $85,800
2016 $2,471 $84,800 $15,500 $69,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 5035882

PrimeMLS

APN: 606-190-11746