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    67 Summer St Springfield, VT 05156

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    For Sale
    $199,000

    Three-unit building with long-term tenants and updated features.

    Lot size:
    0.25 Acres

    Property Features for 67 Summer St

    General Information

    Lot size
    0.25 Acres

    Building Details

    Year built
    1860

    Source: Barrett and Valley Associates Inc. Agent Glenn Olney

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Well-Maintained Three-Unit Building

    This well-maintained three-unit building features two bedrooms and one bath in each unit. Over the past 25 years, significant improvements have been made, including a new high-efficiency boiler furnace and a stainless steel liner for the chimney. The building has been updated with all copper pipes, including the baseboard radiators, and all old knob and tube wiring has been removed and replaced with new electrical wiring brought up to code. The meter panel and all electrical breaker panels have been replaced with new 100-amp service. Each of the kitchens has been updated with new cabinets, countertops, and appliances. Each unit also includes a washer and dryer hookup. Tenants are responsible for their electric service, including hot water. All units are currently rented to long-term tenants who have resided in the building for 5 to 12 years.
    Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Springfield
    County
    Windsor
    State
    Vermont
    Longitude
    -72.4796911
    Latitude
    43.2971738

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    FAQs

    What type of property is this?
    Triplex - Three-unit building with long-term tenants and updated features.
    Where is this triplex located?
    The property is located at 67 Summer 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: - Updated electrical system: Knob and tube wiring removed and replaced with new 100-amp service.; - Updated plumbing: All copper pipes installed, including baseboard radiators.; - New high-efficiency boiler furnace and stainless steel chimney liner.
    (802) 875-2323
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    67 Summer St 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
    67 Summer St Springfield, VT 05156
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