List Price: $285,000 | $116 per sq.ft. Multi Family
Price Change! Reduced by $14,900 down 5% on October 24th 2024
A 2 Unit Multi Family Home
With 0 One Bedroom Units , 0 - Two Bedroom Units ,2 - Three Bedroom Units
Date Listed Thursday Jul 25, 2024 | MLS# 5006765



Address: 16 Center Street Springfield VT
Listed by Brian Hill Remax Summit
Description:
Motivated Seller! Welcome to this charming multi-family gem that's just waiting for its newest residents or an investor looking to capitalize on a fantastic rental opportunity! This property offers six cozy bedrooms and two well-appointed bathrooms, providing ample space for comfort and privacy. Nestled in the heart of a community-rich neighborhood, the house is merely a stone's throw from Springfield High School, ideal for families valuing education within walking distance. For outdoor enthusiasts or those who fancy a picnic, Springfield Parks & Recreation offers lush greenery and well-maintained facilities less than half a mile away. Health concerns? Fear not! Springfield Hospital is just around the corner ensuring peace of mind for both routine check-ups and unexpected needs. This residence touts itself as a turnkey solution with excellent net income potential. For those with a visionary eye, the layout allows for a transformation into a single-family residence, offering flexibility depending on your needs. The promise of quality construction here means fewer headaches down the road, allowing more time to enjoy the nearby perks or simply revel in the quiet ambiance of the neighborhood. This multi-family home isn't just a place to live; it's a launchpad for lifestyle opportunities. Whether you're looking to nestle into a new family home or seeking a smart investment, look no further. Ready, set, thrive! Operating Expenses : Heat,Insurance,Snow Removal,Trash,Utilities,Water/Sewer
Annual Expenses

Taxes: $4,589
Income
Gross Income | $41,400
NetIncome | $21,600

UNIT 1 INFORMATION

Beds: 3
Baths: 1
Rooms: 6
Rent : 1900.00 Monthly
Lease Term : Month to Month
Signed Lease : Yes

UNIT 2 INFORMATION

Beds: 3
Baths: 1
Rooms: 6
Rent : 1500.00 Monthly
Lease Term : Month to Month
Signed Lease : Yes
Status : Month to Month

Construction: Vinyl Exterior
Year Built: 1857
Style: Farmhouse
Floors | Stories: 3
No. Elevators:
Total Sq.Ft. Finished: 3550
Above Grade Sq.Ft.: 2450
Basement: Concrete Floor
Foundation: Brick | Stone
Roof: Shingle - Other
Garage And Parking: Detached
Seasonal: No
Heating: Oil | Forced Air
Cooling: None
Electric: Circuit Breaker(s)
Utilities: Cable - Available
Electric Meters: 2
Water: Public
Sewer: Public
Land Information
Level
Lot size: 0.21 acres
Zoned: Residential)
Surveyed: Unk
Flood Zone: No
Roads: Public
Road Frontage: 100
Driveway: Gravel
Additional Information
Taxes $4,589
Assesed Value Not Reported
Schools
School District: Springfield School District
Elementary School: Union Street School
Middle School: Riverside Middle School
High School: Springfield High School

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