34 Union Street

Springfield, VT 05156

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.

Listing courtesy of Michael Gilman of 3GEN Real Estate Inc



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Last checked: 2025-08-27 02:21 AM UTC