Multi Family Home $319,000 | $180 per sq.ft.
2
Unit Multi Family Home,
16 Furnace Street Springfield VT
With 1 - One Bedroom Units | 1 - Three Bedroom Units
| MLS# 5095208
Listed by Franchesca Collins Hall Collins Real Estate Group on
June 17th 2026
DESCRIPTION
Also see the single-family listing! This is a beautifully renovated duplex with incredible income potential! This property features a fully updated, separate entrance 1-bedroom, 1-bathroom unit with its own electrical meter (shared baseboard heat between both sides). Market data suggests similar units in the area can command around $750/month in rent. For an owner-occupant, leveraging this 1-bed unit could significantly lower your net monthly housing costs, allowing you to spread out in the freshly renovated 3-bedroom, 2-bathroom main unit on a spacious corner lot. Enjoy the convenience of main-level laundry hookups and beautifully refreshed wood floors finished with commercial-grade, high-durability paint. The property also features a fantastic bonus space: a former 2-car garage that has been thoughtfully converted into a dedicated workshop featuring a raised floor--perfect for hobbies, trades, or extra storage. Speak with your lender about how utilizing potential rental income could expand your home-buying budget beyond standard single-family limits! Note: Rental amounts, financing options, and purchasing power vary by lender and market conditions. Furnished photos have been virtually staged.
UNIT 1 INFORMATION
Beds: 1Baths: 1Rooms: 0Sq.Ft.: 484Level: 1Info : Electric Range,RefrigeratorTenant Pays : ElectricSigned Lease : No Status : Vacant
UNIT 2 INFORMATION
Beds: 3Baths: 2Rooms: 0Sq.Ft.: 1174Tenant Pays : ElectricSigned Lease : No
CONSTRUCTION
Wood Frame | Clapboard Exterior Exterior Color : Tan Year Built: 1885 No. of Floors: 2 Total Sq.Ft. Finished: 1774 Above Grade Sq.Ft.: 1774 Price Per SQ.FT.: $179.82 Basement: Concrete | Dirt Floor Heating: Oil Cooling: None Electric: Circuit Breaker(s) Utilities: Cable Available Electric Meters: 2 Gas_Meters: 0 Style: Conversion | Multi-Family Roof: Rolled | Slate Water: Public Sewer: Public Seasonal: No
LAND INFORMATION
City Lot | Corner | In Town | Near Paths | Near Shopping | Near Hospital | Near School(s) Lot size: 0.25 acres Zoned: Residential) Surveyed: Unk Flood Zone: No Driveway: Gravel
ADDITIONAL INFORMATION
Taxes $4,455 | Assesed Value $0 in
AREA INFORMATION
School District: Springfield School District Elementary School: Union Street School Middle School: Riverside Middle School High School: Springfield High School