$169,000
UNDER CONTRACT $10K PRICE DROP

32 Reed St Springfield, VT 05156

Estimated payment $1,296/month

Total Views 82,384
-- Bed
-- Bath
1,662 Sq Ft
$102 Price per Sq Ft

About This Home

Nice, neat 2-unit property with good rental history. Each unit has 2 bedrooms, 1 bath. Separate parking for both units and back yard for outdoor enjoyment. Property has been well maintained and could be converted into a one family if desired. Great income opportunity or great starter home if you are looking to get part of your mortgage paid by rental income.

Listing Agent

Julie Buffum

Buffum Realty License #081.0070091 Listed on: 07/29/2025

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1920

Home Design

  • Concrete Foundation
  • Wood Frame Construction
  • Vinyl Siding

Interior Spaces

  • Property has 1.75 Levels

Basement

  • Basement Fills Entire Space Under The House
  • Walk-Up Access

Parking

  • Carport
  • Gravel Driveway

Schools

  • Union Street Elementary School
  • Springfield High School

Additional Features

  • 3,049 Sq Ft Lot
  • City Lot
  • High Speed Internet

Community Details

  • 2 Units

Property Details

Home Type

Apartment

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Directions: Use GPS for best directions from your location
  • Seasonal: No
  • Property Type: Residential Income
  • Year Built: 1920
  • Display On Internet: Fiber Optic Internt Avail
  • Architectural Style: Apartment Building
  • ResoLotFeatures: City Lot
  • Road Frontage Type: Dead End, Paved, Public
  • MLS Status: (31) Under Contract - Active Under Contract
  • Above Grade Finished Sq Ft: 1662.0
  • Unit Levels: 1.75
  • ResoPropertyCondition: Existing
  • Flood_Zone: No
  • Foreclosed_Or_Bank_Owned_Or_REO: No
  • Pre_Construction: No
  • Basement_Access_Type: Walk-up
  • Separate_Utilities: Varies
  • Above_Grade_Unfinished_Area_Source: Public Records
  • Below_Grade_Unfinished_Area_Source: Public Records
  • Special Features: UnderContract
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Concrete Floor, Full, Unfinished
  • Basement YN: Yes

Exterior Features

  • Driveway: Gravel
  • Roof: Asphalt Shingle
  • Construction Type: Wood Frame, Vinyl Siding
  • Foundation Details: Concrete

Garage/Parking

  • Attached Garage: No
  • Parking Features: Carport

Utilities

  • Electric: 100 Amp Service, Circuit Breakers
  • Sewer: Public Sewer
  • Heating: Hot Air
  • Cooling: None
  • Utilities: Phone Available
  • Water Source: Public

Schools

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

Lot Info

  • Surveyed: Unknown
  • Zoning: MDR
  • Lot Size Acres: 0.07
  • Lot Size Sq Ft: 3049.0

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 4924.0

Multi Family

  • Number Of Units Total: 2
  • Number Of Separate Electric Meters: 2

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $4,793 $135,500 $20,500 $115,000
2023 $1,934 $135,500 $20,500 $115,000
2022 $4,373 $135,500 $20,500 $115,000
2021 $3,743 $100,200 $14,400 $85,800
2020 $3,701 $100,200 $14,400 $85,800
2019 $3,556 $100,300 $14,400 $85,900
2018 $3,597 $100,300 $14,400 $85,900
2017 $0 $112,000 $22,500 $89,500
2016 $3,263 $112,000 $22,500 $89,500
2015 -- $1,120 $0 $0
2014 -- $1,120 $0 $0
2013 -- $1,120 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/19/2025 09/19/25 Price Changed $169,000 -5.6% $102 / Sq Ft
07/29/2025 07/29/25 For Sale $179,000 -- $108 / Sq Ft
Source: PrimeMLS

Purchase History

Date Type Sale Price Title Company
Grant Deed $67,000 --
Source: Public Records

About the Listing Agent

Julie Buffum

Buffum Realty

(802) 471-3386

Section Image

Julie is a Vermont native, originally from the Rockingham area. She currently resides in Springfield with with her family. Julie's background is in retail, customer service, and accounting. Julie and her husband, Earl, decided to work together and formed Buffum Realty.


Prior to becoming a Realtor, Julie invested in real estate for over twenty years. She realized that she loves her area, the architecture, working with people, and the pleasure of seeing both the sellers’ and buyers’

Julie's Other Listings

  • 73 Union St, Springfield, VT 05156

    $139,000

    • 2,144 Sq Ft
    • 73 Union St
    • Springfield, VT

    Nice sized in-town home and yard with large 2 car garage and shed. Lots of room for your toys. The home is currently a 2-unit home but was originally a single-family home and could be changed back into a one family without a lot of effort. Home does need some work so cash buyers only please. This could be your chance to get into rental business. Lots of possibilities for this home.Home is

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  • 147 South St, Springfield, VT 05156

    $299,000 Under Contract

    • 4 Beds
    • 2 Baths
    • 1,782 Sq Ft
    • 147 South St
    • Springfield, VT

    Welcome to your own oasis! This lovingly updated, renovated and maintained 4-bedroom, 2-bath home located on a large 1.50 acre lot gives you the convenience of an in-town home and the back yard that looks like your own personal oasis with an above ground pool, landscaped perennial beds, deck with a shade awning, fire pit, fenced for family and pets along with room for a veggie bed beyond the

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  • 6 Curtis St, Springfield, VT 05156

    $217,000

    • 2 Beds
    • 1 Bath
    • 998 Sq Ft
    • 6 Curtis St
    • Springfield, VT

    Charming 1940's Cape home located in a family friendly neighborhood within walking distance to elementary school. This well-maintained home is on a cozy in town lot with perennials, a utility shed and a relaxing deck on a knoll behind the house. The shaded deck offers a cool place to spend time outside with a fire pit nearby. Inside you will find an airy and light filled home, natural hardwood

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    Section Image
  • 00 Will Dean Rd, Springfield, VT 05156

    $170,000

    • Land
    • 10.04 Acres
    • $16,932 per Acre
    • 00 Will Dean Rd
    • Springfield, VT

    Nice piece of land with some selected clearing done but more could be done with the potential of views. Land is both clear and wooded, level and sloping. Located on a quiet gravel road with a mix of single-family homes and small farms it is the perfect reflection of rural Vermont. Just minutes to I91and downtown Springfield makes this a great spot to set down roots.

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  • 5 Church St, North Springfield, VT 05150

    $319,000 Under Contract

    • 3 Beds
    • 3 Baths
    • 1,932 Sq Ft
    • 5 Church St
    • North Springfield, VT

    Nicely maintained 3BR/3BA ranch home just waiting for a new family. This home features large, updated eat-in kitchen with sliders to a deck, main floor laundry, gas fireplace, home office/den, partially finished basement has a 3/4 bath, workshop area, partially finished rooms that could be additional bedrooms and a large partially finished area for family room. Primary bedroom with bath and lots

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  • 54 Bridge St, Springfield, VT 05156

    $188,000 Sold Jul 25, 2025

    • 5 Beds
    • 1 Bath
    • 1,898 Sq Ft
    • 54 Bridge St
    • Springfield, VT

    Owners say it's time to move on from this large, 5BR family home that has had loads of mechanical upgrades. All rooms are spaciously sized, formal dining room, enclosed front porch 3 car garage, solar panels, lots of storage with a dry basement and attic storage. Other improvements include re-insulation and sheetrock in some rooms, fresh paint, new flooring and a bath off the primary 2nd floor

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  • 30 Commonwealth Ave, Springfield, VT 05156

    $240,000 Sold Aug 28, 2025

    • 3 Beds
    • 1 Bath
    • 1,500 Sq Ft
    • 30 Commonwealth Ave
    • Springfield, VT

    Lovely family home with covered wrap around porch, covered back porch and a second-floor covered porch sited on a mostly level lot with space for a garden and there's a nice slate patio area. Home features wood floors throughout, newer windows, newer wiring, heating system, formal dining room, wonderful light filled sunroom, living room with bay window. Wide staircase leads to three generously

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  • 8 Center St, Springfield, VT 05156

    $210,000 Sold Aug 26, 2025

    • 3 Beds
    • 1.5 Baths
    • 1,538 Sq Ft
    • 8 Center St
    • Springfield, VT

    MOTIVATED SELLERS! Nicely maintained three-bedroom home. This home has lots of room inside, so the options are varied. A half bath, home office/den that could be used as a first-floor bedroom, family room, living room, dining room-with the layout the rooms are interchangeable to fit your needs. Second floor features three bedrooms and a bonus walk-thru room, and bath with large walk-in shower.

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  • 15 Frederic St, Springfield, VT 05156

    $212,500 Sold Jan 16, 2026

    • 2 Beds
    • 1 Bath
    • 1,228 Sq Ft
    • 15 Frederic St
    • Springfield, VT

    This spacious 2-bedroom home was designed for easy living. Home features an open living room/dining room with wood burning fireplace. True galley kitchen with loads of cabinet space, a hall pantry and two good sized bedrooms. Lots of stonework throughout the property with mature landscaping. Enjoy time on the covered slate patio and enjoy the view of local hills. There's a carport for keeping the

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Source: PrimeMLS

MLS Number: 5053825

PrimeMLS

APN: 606-190-13754