1. Vermont
2. Springfield
3. 30 Union Street

30 Union Street, Springfield, VT 05156

Property Description

This listing courtesy of Michael Gilman, 3GEN Real Estate Inc

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.

Listing Status:

Active

Date Added:

July 29, 2025 at 05:00AM

Listing Office:

3GEN Real Estate Inc : 802-227-7327

Listing Agent:

Michael Gilman : 802-227-7327

MLS ID:

5053938

Interior

• Basement: Unfinished
• A/C: None
• Heating: OilBaseboard

Exterior

Construction

Location

Lot

Utilities

This listing courtesy of Michael Gilman, 3GEN Real Estate Inc