Well maintained 4plex located in a desirable quaint residential Springfield neighborhood with a NOI of $33,000 and listed at over a 11% cap rate. Featuring spacious 4x1br, and abundant off-street parking and driveway. This building has been recently renovated and updated, and 1 unit has been left vacant for a potential owner/occupant. 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 30 Union St, a 3plex next door (see MLS#467867) as discount. Listing Broker is a member of the LLC selling the property.
Active
Listed by:
Michael Gilman,
3GEN Real Estate Inc 802-227-7327
$290,000
34 Union Street, Springfield, VT 05156
4beds
4baths
2,688sqft
Est.:
Multi Family
Built in 1940
-- sqft lot
$282,500 Zestimate®
$108/sqft
$-- HOA
What's special
Abundant off-street parking
- 5 days
- on Zillow |
- 173 |
- 3 |
Zillow last checked: 7 hours ago
Listing updated: July 29, 2025 at 12:00pm
Listed by:
Michael Gilman,
3GEN Real Estate Inc 802-227-7327
Source: PrimeMLS,MLS#: 5028828

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
Heating
- Forced Air
Cooling
- None
Features
- Basement: Unfinished,Walk-Out Access
Interior area
- Total structure area: 4,032
- Total interior livable area: 2,688 sqft
- Finished area above ground: 2,688
- Finished area below ground: 0
Property
Parking
- Parking features: Gravel
Features
- Levels: Two
- Frontage length: Road frontage: 100
Lot
- Size: 4,356 Square Feet
- Features: Corner Lot
Details
- Parcel number: 60619010870
- Zoning description: High Dens. Res
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Colonial
- Property subtype: Multi Family
Materials
- Clapboard Exterior
- Foundation: Stone
- Roof: Asphalt Shingle
Condition
- New construction: No
- Year built: 1940
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable
Community & HOA
Location
- Region: Springfield
Financial & listing details
- Price per square foot: $108/sqft
- Tax assessed value: $115,600
- Annual tax amount: $4,089
- Date on market: 7/29/2025
- Road surface type: Paved
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