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  • Listed by: 

    Michael Gilman,

    3GEN Real Estate Inc 802-227-7327

    $290,000

    34 Union Street, Springfield, VT 05156

    4beds
    4baths
    2,688sqft
    : 
    Multi Family
    Built in 1940
    -- sqft lot
    $282,500 Zestimate®
    $108/sqft
    $-- HOA

    What's special

    Abundant off-street parking
    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.
    5 days
    on Zillow
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    173
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    3
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    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#: 5028828MLS Logo
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 34 Union Street.

    Next available tour time:Today at 11am

    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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