101 Union Street Springfield, VT
$275,000
Beds 4
Baths 3
Square Footage 2,496
Acres 0.13
Description
Open House on September 7 from 12 - 2 PM. On the corner of Union St. and Craigue Hill Rd in the charming town of Springfield, VT, this versatile duplex is a prime investment opportunity. Featuring two spacious 2-bedroom apartments each with a separate bonus room, separate electric meter and fully applianced kitchens, this home offers both comfort and convenience. The units are currently rented to reliable tenants, providing immediate income stability. A bonus studio office space separate from the two units, adds flexibility for work-from-home needs or potential additional rental income. The property has an easy-access paved flat driveway with a large parking area, ensuring easy parking for tenants and visitors alike. A newly installed roof (just 2 years old) and several recent updates enhance the property's appeal and reduce future maintenance concerns. With all utility costs and recent improvements readily available and tenants already in place, this is a turnkey investment in a desirable location. Don’t miss out on this opportunity to own a well-maintained property in Springfield!
Listed by Snyder Donegan Real Estate Group, Fran Collins & Holly Hall 802-272-3533
Details
MLS 5011263
Price $275,000
Status Active
DOM 110 days
Type Multi-Family
Style Multi-Family
Beds 4
Total Baths 3 full baths
Square Feet 2,496 sqft
Lot Size 0.13 acres
Year Built 1850
Taxes Paid $5,596
Lot & Building Features
Appliances Water Heater – Off Boiler, Water Heater – Oil
Utilities Cable - Available
Construction Wood Frame, Wood Siding
Cooling Individual
Heating Baseboard
Parking Description Driveway, Parking Spaces 5 - 10
Sewer Public
Tax Year 2024
Taxes Paid $5,596
Water Public
Basement Description Bulkhead, Stairs - Interior, Stairs - Basement, Interior Access, Concrete Floor
Foundation Concrete, Fieldstone
Lot Description Corner, Landscaped
Roof Shingle - Asphalt, Standing Seam
Features Exterior Garden Space, Porch - Enclosed, Natural Shade
Garage No
Unit Features
Unit 1 Apx Sqft 1276
Unit 1 Baths 2
Unit 1 Bedrooms 2
Unit 1 Info Ceiling Fan, Washer, Sunroom, Storage, Primary BR w/ BA, Mudroom, Microwave, Heat Included, Dryer, Dishwasher
Unit 1 Lease Term Other
Unit 1 Level Number 101
Unit 1 Rental Agreement Yes
Unit 1 Rental Amount 1600.00
Unit 1 Rental Amt Freq Monthly
Unit 1 Rooms 4
Unit 1 Status Owner Occupied
Unit 1 Style Owner to stay and pay
Unit 1 Tenant Pays Electric, TV Service, Internet Service
Unit 2 Apx Sqft 993
Unit 2 Baths 1
Unit 2 Bedrooms 2
Unit 2 Info Appliances Included, Washer, Sunroom, Storage, Refrigerator, Range - Electric, Heat Included, Dryer, Dishwasher
Unit 2 Lease Term Month to Month
Unit 2 Level Number 103
Unit 2 Rental Agreement Yes
Unit 2 Rental Amount 900.00
Unit 2 Rental Amt Freq Monthly
Unit 2 Rooms 4
Unit 2 Status Leased
Unit 2 Tenant Pays Electric, TV Service, Internet Service
Schools
Elementary School Union Street School
Junior High School Riverside Middle School
Senior High School Springfield High School
Multi-Family Home for Sale: 101 Union Street, Springfield, VT 05156
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Financing
$
6.75%
$
$
$
per month
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This calculator only provides an estimate.