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  • Listed by: 

    Michael Gilman,

    3GEN Real Estate Inc 802-227-7327

    $220,000

    30 Union Street, Springfield, VT 05156

    5beds
    3baths
    2,655sqft
    : 
    Multi Family
    Built in 1940
    -- sqft lot
    $220,100 Zestimate®
    $83/sqft
    $-- HOA

    What's special

    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.
    5 days
    on Zillow
    |
    208
    |
    7
    |

    Zillow last checked: 7 hours ago

    Listing updated: July 29, 2025 at 11:58am

    Listed by:

    Michael Gilman,

    3GEN Real Estate Inc 802-227-7327

    Source: PrimeMLS,MLS#: 5053938MLS Logo
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 30 Union Street.

    Next available tour time:Today at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    Heating
    • Oil, Baseboard
    Cooling
    • None
    Features
    • Basement: Unfinished,Interior Entry
    Interior area
    • Total structure area: 3,095
    • Total interior livable area: 2,655 sqft
    • Finished area above ground: 2,655
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: Gravel
    Features
    • Levels: Two
    • Frontage length: Road frontage: 100
    Lot
    • Size: 5,663 Square Feet
    • Features: Corner Lot
    Details
    • Parcel number: 60619010868
    • Zoning description: Residential

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Cape
    • Property subtype: Multi Family
    Materials
    • Vinyl Siding
    • Foundation: Stone
    • Roof: Asphalt Shingle
    Condition
    • New construction: No
    • Year built: 1940

    Utilities & green energy

    • Electric: On-Site
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable

    Community & HOA

    Location
    • Region: Springfield

    Financial & listing details

    • Price per square foot: $83/sqft
    • Tax assessed value: $64,300
    • Annual tax amount: $2,274
    • Date on market: 7/29/2025
    • Electric utility on property: Yes
    • Road surface type: Paved
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