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Springfield VT Multi Family Homes $250000 to $500000
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Description:Open House on September 7 from 12 - 2 PM. On the corner of Union St. and Craigue Hill Rd in the charming town of Springfield, VT, this versatile duplex is a prime investment opportunity. Featuring two spacious 2-bedroom apartments each with a separate bonus room, separate electric meter and fully applianced kitchens, this home offers both comfort and convenience. The units are currently rented to reliable tenants, providing immediate income stability. A bonus studio office space separate from the two units, adds flexibility for work-from-home needs or potential additional rental income. The property has an easy-access paved flat driveway with a large parking area, ensuring easy parking for tenants and visitors alike. A newly installed roof (just 2 years old) and several recent updates enhance the property's appeal and reduce future maintenance concerns. With all utility costs and recent improvements readily available and tenants already in place, this is a turnkey investment in a desirable location. Don’t miss out on this opportunity to own a well-maintained property in Springfield!
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Price Change! reduced by $14,900 down 5% on October 24th 2024
Description:Motivated Seller! Welcome to this charming multi-family gem that’s just waiting for its newest residents or an investor looking to capitalize on a fantastic rental opportunity! This property offers six cozy bedrooms and two well-appointed bathrooms, providing ample space for comfort and privacy. Nestled in the heart of a community-rich neighborhood, the house is merely a stone’s throw from Springfield High School, ideal for families valuing education within walking distance. For outdoor enthusiasts or those who fancy a picnic, Springfield Parks & Recreation offers lush greenery and well-maintained facilities less than half a mile away. Health concerns? Fear not! Springfield Hospital is just around the corner ensuring peace of mind for both routine check-ups and unexpected needs. This residence touts itself as a turnkey solution with excellent net income potential. For those with a visionary eye, the layout allows for a transformation into a single-family residence, offering flexibility depending on your needs. The promise of quality construction here means fewer headaches down the road, allowing more time to enjoy the nearby perks or simply revel in the quiet ambiance of the neighborhood. This multi-family home isn’t just a place to live; it’s a launchpad for lifestyle opportunities. Whether you’re looking to nestle into a new family home or seeking a smart investment, look no further. Ready, set, thrive!
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Description:ATTENTION INVESTORS 5 UNITS PLUS 3 GARAGE SPACES. 3- 2 BR's, 1- 3 BR's UNIT and 1- 1BR's UNIT. ACTUAL CAP RATE 11.55%, PROFORMA CAP 14.29%. SHOWING APPOINTMENTS REQUIRE 48 HOUR NOTICE TO TENANTS.