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30 Union Street, 
Springfield, VT 05156

$220,000


Bed


Bath


2,655

Sq Ft


Multi-Family

Active

Listed by

Michael Gilman

3gen Real Estate Inc

802-227-7327

Last updated:

August 1, 2025, 10:17 AM

MLS#

5053938

Source:

PrimeMLS

About This Home

30 Union Street

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.

Home Facts

Multi-Family

Built in 1940

Price Summary

220,000

$82 per Sq. Ft.

MLS #:

5053938

Last Updated:

August 1, 2025, 10:17 AM

Added:

9 day(s) ago


Rooms & Interior

Interior

Living Area:

2,655 Sq. Ft.


Structure

Structure

Building Area:

3,095 Sq. Ft.

Year Built:

1940


Lot

Lot Size (Sq. Ft):

5,663


Finances & Disclosures

Finances

Price:

$220,000

Price per Sq. Ft:

$82 per Sq. Ft.

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Copyright 2025 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 August 7, 2025

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