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Property view

Address Withheld By Seller, 
Springfield, VT 05156

$271,000


Bed


Bath


3,198

Sq Ft


Multi-Family

Sold

Listed by

Daire Gibney

Barrett And Valley Associates Inc.

802-875-2323

MLS#

5035882

Source:

PrimeMLS

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About This Home

Address Withheld By Seller

Prime Multi-Family Investment Opportunity in Springfield! With the recent annoucment of a $10mm develpment of the nearby hospial and mill builing complex you wont want to miss this exceptional income property near downtown Springfield, perfect for investors seeking both profitability and location this is up and coming Vermont Town. This three-unit building combines modern updates with accessibility to downtown amenities, ideal for attracting long-term tenants. The property features three 2 bedroom units. Units 1 and 2 have received significant updates enhancing both aesthetics and functionality. Unit 3, a spacious addition built in 2010, features a large eat-in kitchen with tile floors, two bathrooms, and independent heating and electrical systems. Recent upgrades include new energy-efficient heating systems and in-unit washer/dryers in all units, adding comfort and convenience. Comprehensive renovations in Unit 3 and stylish updates in Units 1 and 2 ensure a turnkey experience for incoming owners. Located steps from Springfield's lively riverfront, close to the hospital, a contemporary movie theatre, and a co-op grocery store, the area is well-served by public transport, enhancing tenant commute and lifestyle. This property stands out with its solid rental history and potential for future rent increases, thanks to ongoing demand in this desirable area. A stellar investment opportunity awaits in the heart of Springfield.

Home Facts

Multi-Family

Built in 1886

Price Summary

249,000

$77 per Sq. Ft.

MLS #:

5035882

Sold:

June 6, 2025


Rooms & Interior

Interior

Living Area:

3,198 Sq. Ft.


Structure

Structure

Building Area:

4,062 Sq. Ft.

Year Built:

1886


Lot

Lot Size (Sq. Ft):

17,424


Finances & Disclosures

Finances

Price:

$249,000

Price per Sq. Ft:

$77 per Sq. Ft.

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Copyright 2026 Prime MLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of Prime MLS. The information being provided is for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated January 4, 2026