- $290,000
- MLS#: 5028828
- 4
- # of Units
- 2,688
- Total Sq. Feet
- 0.10
- Acres
- $4,089
- Taxes
1 of 27
General Property Information
- Price:
- $290,000
- County:
- VT-Windsor
- Acres:
- 0.10
- Property Type:
- Multi-Family
- Property Status:
- Active
- # of Units:
- 4
- Agency/Brokerage:
- Michael Gilman
3GEN Real Estate Inc
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.
Features
- Property Type:
- Multi-Family
- # of Units:4
- Subdivision Name:
- Year Built:
- 1940
- Parking:
- Road Frontage:
- 100
- Acres:0.10
- Gross Income:
- 53,109
- Annual Expenses:
- 0
- # of Gas Meters:
- # of Electric Meters:
- 0
- Sq Ft (Above Ground):
- 2688
- Sq Ft (Below Ground):
- 0
- Total Sq Ft:
- 2688
- Land Description:Corner
- Elementary School:
- Middle School:
- High School:
- Financing Details:
- Documents Available:
Unit Information
Unit 1
- #Rooms:
- 3
- #Bedrooms:
- 1
- #Baths:
- 1
- Sq. Ft.:
- 672
- Floor:
- Unit Style:
- Monthly Rent:
- 1100.00
Unit 2
- #Rooms:
- 3
- #Bedrooms:
- 1
- #Baths:
- 1
- Sq. Ft.:
- 672
- Floor:
- Unit Style:
- Monthly Rent:
- 1150.00
Unit 3
- #Rooms:
- 3
- #Bedrooms:
- 3
- #Baths:
- 1
- Sq. Ft.:
- 672
- Floor:
- Unit Style:
- Monthly Rent:
- 1150.00
Unit 4
- #Rooms:
- 3
- #Bedrooms:
- 1
- #Baths:
- 1
- Sq. Ft.:
- 672
- Floor:
- Unit Style:
- Monthly Rent:
- 0.00
Other Information
- List Date:
- 2025-02-07
- Last Updated:
- 2025-02-27 21:29:11
