Investment Opportunity – Multi-Unit Apartment Building in Springfield, Vermont
Located at 67 Valley Street in Springfield, Vermont, this income-producing multi-unit property offers an excellent opportunity for investors seeking cash flow potential in a convenient location near downtown Springfield. The four-story apartment building features approximately 4,170 square feet of finished living space plus an additional 360-square-foot basement area, creating a substantial footprint with room for long-term value.
The building includes a total of 12 bedrooms, 4 kitchens, and 4 bathrooms, providing a versatile multi-unit layout suited for rental income generation. Positioned close to downtown amenities, shopping, dining, employment centers, and local services, the location offers accessibility and convenience that can appeal to a broad tenant base.
Based on HUD rental standards, the property presents an estimated Potential Gross Income of approximately $69,744 annually, making it an attractive consideration for investors looking to expand a portfolio or acquire a property with income-generating potential.
Property highlights include:
• Four-story apartment building
• 4,170 SF finished building area
• 360 SF basement area
• 12 bedrooms
• 4 kitchens
• 4 bathrooms
• Convenient location near downtown Springfield, VT
• Estimated potential gross annual income: $69,744 (based on HUD standards)
A strong opportunity to invest in a multi-family property with size, rental potential, and a central Springfield location.
More information available upon requested.
For sale by owner
$249,000
67 Valley St, Springfield, VT 05156
12beds
4,170sqft
Est.:
MultiFamily
Built in 1900
-- sqft lot
$-- Zestimate®
$60/sqft
$-- HOA
Overview
What the owner loves about this home
What makes this property stand out is its combination of space, income potential, and convenient location. The four-story layout creates a unique sense of separation and flexibility, while the generous 4,170 square feet provides room for multiple living spaces and long-term rental opportunities. With 12 bedrooms spread across the building, there is strong potential to serve a variety of tenant needs.
Another major advantage is the location. Being close to downtown Springfield means convenient access to shopping, restaurants, local businesses, and everyday amenities, making it appealing for tenants who value being close to town while still enjoying a neighborhood setting.
This property also offers the kind of investment upside that can be hard to find — a large multi-unit footprint, income-generating potential, and the opportunity to build long-term value over time.
- 5 hours |
- 41 |
- 1 |
Listed by:
Property Owner (802) 591-2119
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 4
- Full bathrooms: 4
Appliances
- Included: Freezer, Range / Oven, Refrigerator
Features
- Flooring: Tile, Carpet, Hardwood, Laminate
- Basement: Unfinished
Interior area
- Total interior livable area: 4,170 sqft
Property
Parking
- Total spaces: 4
- Parking features: Off-street
Features
- Exterior features: Vinyl
- Has view: Yes
- View description: City, Mountain
Lot
- Size: 0.25 Acres
Details
- Parcel number: 60619012068
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Metal
Condition
- New construction: No
- Year built: 1900
Community & HOA
Location
- Region: Springfield
Financial & listing details
- Price per square foot: $60/sqft
- Tax assessed value: $58,500
- Date on market: 5/15/2026
Estimated market value
Not available
Estimated sales range
Not available
$2,551/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/15/2026 | Listed for sale | $249,000+559.2%$60/sqft |
Source: Owner Report a problem | ||
| 5/31/2000 | Sold | $37,775-16.1%$9/sqft |
Source: Public Record Report a problem | ||
| 3/14/2000 | Sold | $45,000$11/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | -- | $58,500 |
| 2023 | -- | $58,500 |
| 2022 | -- | $58,500 -14.5% |
| 2021 | -- | $68,400 |
| 2020 | -- | $68,400 |
| 2019 | -- | $68,400 |
| 2018 | -- | $68,400 -41% |
| 2017 | -- | $116,000 |
| 2016 | -- | $116,000 +9900% |
| 2015 | -- | $1,160 |
| 2014 | -- | $1,160 |
| 2013 | -- | $1,160 |
| 2012 | -- | $1,160 |
| 2011 | -- | $1,160 |
| 2010 | -- | $1,160 |
| 2009 | -- | $1,160 |
| 2008 | -- | $1,160 |
| 2007 | -- | $1,160 +65.7% |
| 2006 | -- | $700 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 05156
Nearby schools
GreatSchools rating
- NAElm Hill SchoolGrades: PK-2Distance: 0.4 mi
- 2/10Riverside SchoolGrades: 6-8Distance: 0.9 mi
- 2/10Springfield High SchoolGrades: 9-12Distance: 1.4 mi
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Vermont
- Windsor County
- Springfield
- 05156
- 67 Valley St
