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.
Active
Listed by:
Michael Gilman,
3GEN Real Estate Inc 802-227-7327
$220,000
30 Union Street, Springfield, VT 05156
5beds
3baths
2,655sqft
Est.:
Multi Family
Built in 1940
-- sqft lot
$220,100 Zestimate®
$83/sqft
$-- HOA
What's special
- 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#: 5053938

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
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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