Springfield Vermont Real Estate

Classic Victorian home rests high upon a dead end street with potential for city views with some tree trimming. This home has been mostly gutted and is ready for you to complete into a large single family home or 2-3 apartments. There were previously two kitchens and there are three separate entrances. Many windows let in plenty of natural light. The hardwood floors and random width plank softwood floors (third floor) are in very good condition while the steam radiators add an element of charm. There is some beautiful woodwork in the doors and some moldings. Two rooms are octagonal in shape. The full basement has both interior and exterior access and has a high enough ceiling to be useful. Great bones – feels very solid. No sagging or tilting floors. Metal roof is 8 years old. Perfect fixer upper to build equity. It is just a half mile walk to downtown Springfield’s shops and restaurants and about two miles to Interstate 91. The end of street location with no through traffic is ideal. The yard is partially fenced and has mature trees for privacy.

Nice, neat 2-unit property with good rental history. Each unit has 2 bedrooms, 1 bath. Separate parking for both units and back yard for outdoor enjoyment. Property has been well maintained and could be converted into a one family if desired. Great income opportunity or great starter home if you are looking to get part of your mortgage paid by rental income.

Well maintained 3-unit building, all the units have 2 bedrooms and one bath. Since the owners purchased it 25 years ago, they have made the following improvements - as described by the owners. A new high efficiency boiler furnace, stainless steel liner for the chimney, all copper pipes in the building including the baseboard radiators were replaced with new copper pipes, all old knob and tube wiring has been removed, and all electrical wiring has been brought up to code, meter panel and all electrical breaker panels were replaced with new 100-amp service. All of the kitchens were updated with new cabinets, counter tops and appliances. Each unit has a washer and dryer hookup. Tenants are responsible for electric service including hot water. All of the units are currently rented to good long-term tenants who have been here from 5 to 12 years. Additional figures can be provided on request.

Well maintained 3plex located in a desirable quaint residential Springfield neighborhood with a NOI of over $28,000 and listed at over a 12%+ cap rate. This property features a desirable mix of spacious 2x2br/1ba and 1x1br/1ba, and a 5 car driveway. This building has been recently renovated and updated, and is 100% occupied. Current gross income is north of $44,000 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 34 Union St, a 4plex next door (see MLS#5028828) as discount. Listing Broker is a member of the LLC selling the property. Reach out directly for property OM and financials.

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.

DON'T MISS THIS GREAT INVESTMENT OPPORTUNITY. 5 UNITS PLUS 3 GARAGE SPACES. 3- 2 BR's, 1- 3 BR's UNIT and 1- 1BR's UNIT. ACTUAL CAP RATE 11.55%, PROFORMA CAP 14.29%. SHOWING APPOINTMENTS REQUIRE 48 HOUR NOTICE TO TENANTS. PRICE IS NEGOTIABLE FOR CASH OFFERS AND QUICK CLOSING!

Currently used as a single-family residence with in-law apartment on the 3rd floor, this home has the potential to make a great multi-unit property. With the proper egresses it could easily be turned into a 2-unit property, and with town approval, could be converted into an excellent 3-unit with one unit on each floor. Previously a nursing home, this home also appears to have been used as a multi-family property in the past. See MLS #5053067, the single-family listing, for more information.

INVESTORS TAKE NOTICE! This four - 1BR's apartment building at 3 Olney Street and a three - 2BR's apartment building at 454 Giddings Street being sold as a package for $410,000.00

INVESTORS TAKE NOTICE!!!! This three - 2BR's apartment building at 454 Giddings Street. And four - 1BR's apartment building at 3 Olney Street. BEING SOLD AS A PACKAGE FOR $410,000.00.

EXCELLENT INVESTMENT PROPERTY CONSISTS OF 2 COMMERCIAL GROUND FLOOR LEVEL SPACES & 7 APARTMENTS. WELL MAINTAINED WITH A GOOD RENTAL HISTORY & A DESIRABLE IN-TOWN LOCATION.