List Price: $275,000 | $110 per sq.ft. Multi Family A 2 Unit Multi Family Home
With 0 One Bedroom Units , 2 - Two Bedroom Units ,0 - Three Bedroom Units
Date Listed Monday Aug 26, 2024 | MLS# 5011263



Address: 101 Union Street Springfield VT
Listed by Fran Collins Snyder Donegan Real Estate Group Cell: 802-272-3533
Description:
Open House on September 7 from 12 - 2 PM. On the corner of Union St. and Craigue Hill Rd in the charming town of Springfield, VT, this versatile duplex is a prime investment opportunity. Featuring two spacious 2-bedroom apartments each with a separate bonus room, separate electric meter and fully applianced kitchens, this home offers both comfort and convenience. The units are currently rented to reliable tenants, providing immediate income stability. A bonus studio office space separate from the two units, adds flexibility for work-from-home needs or potential additional rental income. The property has an easy-access paved flat driveway with a large parking area, ensuring easy parking for tenants and visitors alike. A newly installed roof (just 2 years old) and several recent updates enhance the property's appeal and reduce future maintenance concerns. With all utility costs and recent improvements readily available and tenants already in place, this is a turnkey investment in a desirable location. Don't miss out on this opportunity to own a well-maintained property in Springfield!
Location : Near Shopping | Neighborhood | Suburban | Near Public Transportatn | Near Hospital
Operating Expenses : Heat,Insurance,Snow Removal,Trash,Water,Water/Sewer
Annual Expenses

Taxes: $5,596
Income
Appliances : Water Heater – Off Boiler | Water Heater – Oil

UNIT 1 INFORMATION

Beds: 2
Baths: 2
Rooms: 4
Sq.Ft.: 1276
Level: 101
Info : Ceiling Fan,Dishwasher,Dryer,Heat Included,Primary BR w/ BA,Microwave,Mudroom,Storage,Sunroom,Washer
Tenant Pays : Electric,Internet Service,TV Service
Rent : 1600.00 Monthly
Lease Term : Other
Signed Lease : Yes
Status : Owner Occupied

UNIT 2 INFORMATION

Beds: 2
Baths: 1
Rooms: 4
Sq.Ft.: 993
Level: 103
Info : Appliances Included,Dishwasher,Dryer,Heat Included,Range - Electric,Refrigerator,Storage,Sunroom,Washer
Tenant Pays : Electric,Internet Service,TV Service
Rent : 900.00 Monthly
Lease Term : Month to Month
Signed Lease : Yes
Status : Leased

Construction: Wood Frame | Wood Siding
Year Built: 1850
Style: Multi-Family
Floors | Stories: 2.5
No. Elevators:
Total Sq.Ft. Finished: 4434
Above Grade Sq.Ft.: 2496
Basement: Bulkhead | Concrete Floor | Stairs - Interior | Interior Access | Stairs - Basement
Foundation: Concrete | Fieldstone
Exterior Features:
Garden Space | Natural Shade | Porch - Enclosed
Exterior Color: White
Roof: Shingle - Asphalt | Standing Seam
Garage And Parking: Driveway | Parking Spaces 5 - 10
Seasonal: No
Heating: Baseboard
Cooling: Individual
HeatFuel: Oil
Electric: 200 Amp | Circuit Breaker(s)
Utilities: Cable - Available
Electric Meters: 2
Gas_Meters: 0
Water: Public
Sewer: Public
Land Information
Corner | Landscaped
Lot size: 0.13 acres
Zoned: HDR - High Density Resid.)
Surveyed: No
Flood Zone: No
Roads: Paved | Public
Driveway: Paved
Additional Information
Easement - Unknown
Taxes $5,596
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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