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$275,000 | $110 per sq.ft. A 2  Unit Multi Family Home, in Springfield VT With 2 - Two Bedroom Units MLS# 5011263




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Listed by Fran Collins Snyder Donegan Real Estate Group Cell: 802-272-3533 on August 26th 2024
101 Union Street Springfield VT 05156


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!
Appliances : Water Heater – Off Boiler | Water Heater – Oil
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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 | Exterior Color White | Year Built: 1850
No. of Floors:2.5
Total Sq.Ft. Finished: 2496
Above Grade Sq.Ft.: 2496
Apx Below Grade Unfinished Sq.Ft.: 672
Price Per SQ.FT. 110.18
Basement: Bulkhead | Concrete Floor | Stairs - Interior | Interior Access | Stairs - Basement
Foundation: Concrete | Fieldstone
Heating: Oil | Baseboard
Cooling: Individual
Electric: 200 Amp | Circuit Breaker(s)
Utilities: Cable - Available
Electric Meters: 2
Gas_Meters: 0
Style: Multi-Family
Exterior Features: Garden Space | Natural Shade | Porch - Enclosed
Roof: Shingle - Asphalt | Standing Seam
Water: Public
Sewer: Public
Garage And Parking: Driveway | Parking Spaces 5 - 10
Seasonal: No
LAND LOT INFORMAITION
Lot Description: Corner | Landscaped | Near Shopping | Neighborhood | Near Public Transportatn | Near Hospital
Lot size: 0.13 acres
Zoned: HDR - High Density Resid.
Surveyed: No
Flood Zone: No
Roads: Paved | Public
Driveway: Paved
PROPERTY INFORMATION
Taxes $5,596

AREA INFORMATION
School District: Springfield School District
Elementary School: Union Street School
Middle School: Riverside Middle School
High School: Springfield High School