34 Union Street, Springfield, VT 05156
Multi-Family Home 
Built in 1940 
4,356sqft lot
—— car garage 
$——/sqft 
Listed 6 months ago
Property Description
This listing courtesy of 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.
- Listing Status:
- Active
- Date Added:
- February 7, 2025 at 06:00AM
- Listing Office:
- 3GEN Real Estate Inc : 802-227-7327
- Listing Agent:
- Michael Gilman : 802-227-7327
- MLS ID:
- 5028828
- Basement: Unfinished
- A/C: None
- Heating: Forced Air
This listing courtesy of Michael Gilman, 3GEN Real Estate Inc
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
Location
Schools Nearby
Union Street Elementary School
43 Union St, Springfield, VT, 05156
Grades 3-5
0.07 miles away
Riverside Middle School
13 Fairground Rd, Springfield, VT, 05156
Grades 6-8
0.72 miles away
Springfield High School
303 South St, Springfield, VT, 05156
Grades 9-12
1.13 miles away
