51 Merrill St Springfield, VT 05156
Estimated payment $912/month
About This Home
What a great opportunity! With a good mix of unit sizes, this would make a great investment property to round out your portfolio, or an owner occupied unit of your choice. Nice location in town with great views, there's some deferred maintenance that will be needed in the near term; but with some smart upgrades it could have great cash flow for the long term.
Listing Agent
EXP Realty Brokerage Phone: 802-380-6178 License #082.0134766 Listed on: 05/05/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,667
Year Built
- Built in 1900
Lot Details
- 8,712 Sq Ft Lot
Home Design
- Concrete Foundation
- Wood Frame Construction
- Metal Roof
- Vinyl Siding
Interior Spaces
- Property has 2 Levels
- Property Views
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Bathrooms
Basement
- Walk-Out Basement
- Dirt Floor
Schools
- Union Street Elementary School
- Springfield High School
Utilities
- No Cooling
- Heating System Uses Oil
- Phone Available
- Cable TV Available
Community Details
Overview
- 3 Units
Building Details
- Gross Income $46,303
- Net Operating Income $18,336
Map
Home Values in the Area
Average Home Value in this Area
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 | $2,596 | $73,400 | $19,500 | $53,900 |
| 2023 | $1,048 | $73,400 | $19,500 | $53,900 |
| 2022 | $592 | $73,400 | $19,500 | $53,900 |
| 2021 | $2,499 | $66,900 | $13,700 | $53,200 |
| 2020 | $0 | $66,900 | $13,700 | $53,200 |
| 2019 | $2,372 | $66,900 | $13,700 | $53,200 |
| 2018 | $0 | $66,900 | $13,700 | $53,200 |
| 2017 | $0 | $81,000 | $14,500 | $66,500 |
| 2016 | $0 | $81,000 | $14,500 | $66,500 |
| 2015 | -- | $810 | $0 | $0 |
| 2014 | -- | $810 | $0 | $0 |
| 2013 | -- | $873 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/05/2026 05/05/26 | For Sale | $130,000 | +85.7% | $56 / Sq Ft | |
| 04/01/2026 04/01/26 | Sold | $70,000 | -62.4% | $30 / Sq Ft | View Prior Sale |
| 11/01/2025 11/01/25 | For Sale | $186,000 | -- | $81 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $70,000 | -- | |
| Deed | $66,900 | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Grant Deed | $85,000 | -- |
Source: PrimeMLS
MLS Number: 5086969
APN: 606-190-13857
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Ask me questions while you tour the home.