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101 Union Street, Springfield, VT, 05156 | $275,000
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!
Features
- Rooms: 8
- Bedrooms: 4
- Baths: 3 full
- Units: 2
- Style: Multi-Family
- Year Built: 1850
- Heating: Oil,Baseboard
- Cooling: Individual
- Basement: Bulkhead,Concrete Floor,Stairs - Interior,Interior Access,Stairs - Basement
- Approx Sq. Feet: 2,496
- Acreage: 0.13
- Est. Taxes: $5,596
- Lot Desc: Corner,Landscaped,Near Shopping,Neighborhood,Near Public Transportatn,Near Hospital
- Elem. School: Union Street School
- Middle School: Riverside Middle School
- High School: Springfield High School
- School District: Springfield School District
- MLS#: 5011263
- Website: https://www.raveis.com
/prop/5011263/101unionstreet_springfield_vt?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimMLS. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 11/23/2024Listing courtesy of Snyder Donegan Real Estate Group Phone: 802-457-2600
Listing Agent: Fran Collins
William Raveis Family of Services
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888.699.8876
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Brian SkellyVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 793093
203.415.2989
Brian.Skelly@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
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Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance
860.690.5052
Robert.Reade@raveis.com
Our Insurance Division:
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Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
101 Union Street, Springfield, VT, 05156
$275,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Brian Skelly
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.415.2989
Brian.Skelly@raveis.com
NMLS Mortgage Loan Originator ID 793093
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $220,000 | $220,000 | $220,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
| Monthly Tax Payment | $466 | $466 | $466 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,464 | $1,462 | $1,886 |
| Total Monthly Payment | $2,005 | $2,003 | $2,427 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484