34 Union St Springfield, VT 05156
Estimated payment $1,887/month
Highlights
- Colonial Architecture
- Corner Lot
- Forced Air Heating System
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.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,089
Year Built
- Built in 1940
Lot Details
- 4,356 Sq Ft Lot
- Corner Lot
Parking
- Gravel Driveway
Home Design
- Colonial Architecture
- Stone Foundation
- Clapboard
Interior Spaces
- Property has 2 Levels
- Walk-Out Basement
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Bathrooms
Utilities
- Forced Air Heating System
- Cable TV Available
Community Details
Overview
- 4 Units
Building Details
- Gross Income $53,109
- Net Operating Income $28,168
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/08/2025 08/08/25 | For Sale | $290,000 | 0.0% | $108 / Sq Ft |
| 07/29/2025 07/29/25 | Off Market | $290,000 | -- | -- |
| 07/29/2025 07/29/25 | For Sale | $290,000 | 0.0% | $108 / Sq Ft |
| 03/06/2025 03/06/25 | Off Market | $290,000 | -- | -- |
| 02/25/2025 02/25/25 | Off Market | $290,000 | -- | -- |
| 02/07/2025 02/07/25 | For Sale | $290,000 | -- | $108 / Sq Ft |
Source: PrimeMLS
MLS Number: 5028828
APN: (190) 026/4/16
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