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List Price is $179,900
Number of Units 3 |
INVESTMENT PROPERTY, with two 4 BR's apts. and one 1 BR's apt. Walk to town locations. Gross rent, $43,140.00, total expenses $19,992.00, net $23,140.00. Current cap rate is 12.5. Requires a minimum of 48-hour notice to show.
See MLS Property & Listing Details & 13 images. Listed by Don Chabot | Town and Country Realty
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List Price is $229,000
Number of Units 3 |
3 unit building with a large 3 bay barn/garage. Nice level corner lot near the Springfield hospital and elementary school. Close to the shopping center.
See MLS Property & Listing Details & 7 images. Listed by Glenn Olney | Barrett and Valley Associates Inc.
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Under Agreement
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List Price is $229,000
Number of Units 2 |
Back on the market with many new updates including a new roof, new furnace, refinished bathroom with all new fixtures, fresh paint throughout the inside, and more! This home is perched high on Clinton St. with views of the Black River across the street, and conveniently located near downtown shopping, groceries, movies, and restaurants. 1st floor has 2 bedrooms, a "bonus room", full bathroom, laundry hookup, kitchen with dishwasher, and living room. The 2nd floor apartment is a 1 bedroom, with 3/4 bathroom, plus kitchen and living room. The two units have separate electric meters and hot water heaters, with a shared forced hot air furnace / propane. This home could is also listed as a single-family residence as it could easily be converted back into one - see MLS #5020725
See MLS Property & Listing Details & 33 images. Listed by Chelsea Cary | Barrett and Valley Associates Inc.
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List Price is $290,000
Number of Units 4 |
Immaculate 4plex located in a desirable quaint residential Springfield neighborhood with a NOI north of $32K and listed at over a 10% cap rate. Featuring spacious 4x1br, this building has been recently renovated and updated, and one unit has been left vacant for a potential owner occupancy and to facilitate showings. A new owner can step into to this turnkey investment, projected to yield over a 19% cash on cash return (90% financing assumed ) starting year 1 based on current numbers to realize significant returns from cash-flow vs speculation. Some rents are significantly under market and can be raised to market to achieve over a 30% cash on cash return. 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 available as a package with other buildings across VT for a buyer looking for a larger high cash flow turnkey multifamily portfolio. Listing Broker is a member of the LLC selling the property.
See MLS Property & Listing Details & 13 images. Listed by Michael Gilman | 3GEN Real Estate Inc
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List Price is $324,000
Number of Units 5 |
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. PRICE IS NEGOTIABLE FOR CASH OFFERS AND QUICK CLOSING!
See MLS Property & Listing Details & 7 images. Listed by Don Chabot | Town and Country Realty
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