Well maintained 4plex located in a desirable quaint residential Springfield neighborhood with a NOI of $29K and listed at over a 10% cap rate. Featuring spacious 4x1br, this building has been recently renovated and updated, and is 100% occupied. A new owner can step into to this turnkey investment, projected to yield over a 17% 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 27% 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.

Copyright 2025 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. 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 March 16, 2025 3:24 PM EDT

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Diamond Realty