NOT LISTED FOR SALE

67 & 69 River St Springfield, VT 05151

Studio
12 Baths
5,500 Sq Ft
0.63 Acres

Last Sold March 12, 2021

Last sale price $350,000 $64 Per Sq Ft

41 Days on Market

Highlights

  • Corner Lot
  • Baseboard Heating
  • High Speed Internet

About This Home

As of March 2021

INVESTMENT OPPORTUNITY! GREAT RENTAL LOCATION. WALK TO TOWN OR PLAZA. MANY NEW UPGRADES. SINGLE FAMILY PLUS A 4 UNIT AND A 7 UNIT. CAP RATE 15% !!! GOOD UPSIDE WITH LOW MARKET RENTS.

Last Agent to Sell the Property

Don Chabot

Town and Country Realty License #081.0001212 Listed on: 09/10/2020

Last Buyer's Agent

Don Chabot

Town and Country Realty License #081.0001212 Listed on: 09/10/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,252

Year Built

  • Built in 1900

Lot Details

  • 0.63 Acre Lot
  • Corner Lot
  • Lot Sloped Up

Parking

  • Paved Parking

Home Design

  • Concrete Foundation
  • Block Foundation
  • Stone Foundation
  • Poured Concrete
  • Wood Frame Construction
  • Shingle Roof
  • Clap Board Siding

Interior Spaces

  • 12 Full Bathrooms
  • 5,500 Sq Ft Home
  • 2-Story Property
  • Walk-Out Basement

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Gas
  • Liquid Propane Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

Overview

  • 12 Units

Building Details

  • Operating Expense $45,906
  • Gross Income $102,216
  • Net Operating Income $56,310

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,252

Year Built

Built in 1900

Lot Details

0.63 Acres

Listing Details

  • Status Detail: Closed
  • Style: Multi-Family
  • Directions: Go north on Main Street to River Street property is on the right across from 100 river street Medical Offices
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 63.64
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 5500
  • Sq Ft - Apx Total Finished: 5500
  • Property Type: Multi-Family
  • Year Built: 1900
  • L A1 M M S I Memberkey: 10310
  • List Agent: 1442
  • L O1 Homesnapcom: Yes
  • L O1 M M S I Officekey: 69308
  • S A1 M M S I Memberkey: 10310
  • S O1 Homesnapcom: Yes
  • S O1 M M S I Officekey: 69308
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: Yes
  • Basement Access Type: Walkout
  • Basement Description: Concrete, Walkout
  • Sq Ft - Apx Finished AG: 5500

Exterior Features

  • Construction: Wood Frame
  • Driveway: Paved
  • Exterior: Clapboard
  • Foundation: Block, Poured Concrete, Stone
  • Road Frontage: TBD
  • Roads: Public
  • Roof: Shingle - Asphalt

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Water: Public
  • Water Heater: Electric, Gas - LP/Bottle
  • Heating Fuel: Gas - LP/Bottle
  • Heating: Baseboard, Hot Water
  • Total Electric Meters: 4
  • Total Ranges: 12
  • Total Refrigerators: 12
  • Utilities: Cable - At Site, Dsl, Internet - Cable

Fee Information

  • Tax Class: Non-Homestead

Lot Info

  • Lot Sq Ft: 27443
  • Lot Acres: 0.63
  • Lot Description: City Lot, Corner
  • Surveyed: Unknown
  • Zoning: comercial
  • Deed Book: 473
  • Deed Page: 19-23
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 102216
  • Net Income: 56310
  • Total Full Baths: 12
  • Total Units: 12
  • Total1 Bedroom Units: 5
  • Total2 Bedroom Units: 7

Tax Info

  • Tax Gross Amount: 6252
  • Tax Year: 2020
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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 List to Sale Price per Sq Ft
03/12/2021 03/12/21 Sold $350,000 -6.7% $64 / Sq Ft
10/21/2020 10/21/20 Pending -- -- --
09/10/2020 09/10/20 For Sale $375,000 -- $68 / Sq Ft
Source: PrimeMLS

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4828308

PrimeMLS
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