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    38-40 Prospect St Springfield, VT 05156

    Under Contract
    For Sale
    $199,000

    Multi-Family - Springfield, VT

    Property size:
    2,236 SF
    Lot size:
    0.06 Acres
    Days on Market:
    20
    Last Refresh:
    Dec 6 at 1:06 am

    Property Features for 38-40 Prospect St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active Under Contract
    Zoning
    HDR
    Rooms
    Basement, Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    6
    Bathrooms
    2
    Basement Y/N
    1
    Appliances
    Range, Refrigerator
    Size
    2,236 SF
    Lot size
    0.06 Acres

    Utilities

    Heating system
    Forced Air

    Building Details

    Year built
    1940
    Floors in Building
    2
    Number of units
    2
    Flooring type
    Vinyl, Wood
    Roof type
    Asphalt, Shingle
    Architectural style
    Other

    Barrett & Valley Associates Inc (802) 843-2390 [email protected]

    Listing agent Thaddeus Abare (802) 843-2390

    Listing date Nov 17, 2025

    MLS# 5069151 Listing URL

    Copyright © 2025 PrimeMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Well-Maintained Duplex in Springfield, VT

    Located in Springfield, Vermont, this duplex property has been well maintained and is currently owner occupied. The property includes two units of considerable size, each featuring two levels, laundry rooms, and basement storage. A buyer could live in one side and rent the other to offset living costs, or rent both sides. The property size is 2236 square feet and the lot size is 0.06 acres.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Springfield
    County
    Windsor
    State
    Vermont
    Longitude
    -72.4869854
    Latitude
    43.2999775

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    FAQs

    What type of property is this?
    Duplex - Duplex in Springfield, VT: live in one unit, rent other.
    Where is this duplex located?
    The property is located at 38-40 Prospect St Springfield, VT.
    What is the asking price?
    The asking price for this property is $199,000.
    What are key features of this property?
    This property features: - Well-maintained duplex in the heart of Springfield.; - Live in one unit and rent the other to offset living costs.; - Option to rent both units for investment income.
    (802) 843-2390
    Request Owner's contact information
    38-40 Prospect St Springfield, VT 05156
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    Springfield, VT 05156
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    38-40 Prospect St Springfield, VT 05156
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