NOT LISTED FOR SALE

67 & 69 River St Springfield, VT 05151

Studio
12 Baths
5,500 Sq Ft
0.63 Acres Lot

Sale Details

Date 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

  • 27,443 Sq Ft 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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

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Map

Source: PrimeMLS

MLS Number: 4828308

PrimeMLS
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