16 Furnace Street Springfield VT 05156 Multi Family $319,000

$319,000 | $180 per sq.ft. A 2 Unit Multi Family Home, in Springfield VT With 1 - One Bedroom Units | 1 - Three Bedroom Units MLS# 5095208

Listed by Franchesca Collins Hall Collins Real Estate Group on June 17th 2026
16 Furnace Street Springfield VT 05156

DESCRIPTION

Also see the single-family listing! This is a beautifully renovated duplex with incredible income potential! This property features a fully updated, separate entrance 1-bedroom, 1-bathroom unit with its own electrical meter (shared baseboard heat between both sides). Market data suggests similar units in the area can command around $750/month in rent. For an owner-occupant, leveraging this 1-bed unit could significantly lower your net monthly housing costs, allowing you to spread out in the freshly renovated 3-bedroom, 2-bathroom main unit on a spacious corner lot. Enjoy the convenience of main-level laundry hookups and beautifully refreshed wood floors finished with commercial-grade, high-durability paint. The property also features a fantastic bonus space: a former 2-car garage that has been thoughtfully converted into a dedicated workshop featuring a raised floor--perfect for hobbies, trades, or extra storage. Speak with your lender about how utilizing potential rental income could expand your home-buying budget beyond standard single-family limits! Note: Rental amounts, financing options, and purchasing power vary by lender and market conditions. Furnished photos have been virtually staged.

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UNIT 1 INFORMATION Beds: 1 Baths: 1 Rooms: 0 Sq.Ft.: 484 Level: 1 Info : Electric Range,Refrigerator Tenant Pays : Electric Signed Lease : No Status : Vacant	UNIT 2 INFORMATION Beds: 3 Baths: 2 Rooms: 0 Sq.Ft.: 1174 Tenant Pays : Electric Signed Lease : No

CONSTRUCTION

Wood Frame | Clapboard Exterior | Exterior Color Tan | Year Built: 1885
No. of Floors:2
Total Sq.Ft. Finished: 1774
Above Grade Sq.Ft.: 1774
Apx Below Grade Unfinished Sq.Ft.: 400
Price Per SQ.FT. 179.82
Basement: Concrete | Dirt Floor
Heating: Oil
Cooling: None
Electric: Circuit Breaker(s)
Utilities: Cable Available
Electric Meters: 2
Gas_Meters: 0

Style: Conversion | Multi-Family
Roof: Rolled | Slate
Water: Public
Sewer: Public
Seasonal: No

LAND LOT INFORMAITION

PROPERTY INFORMATION

Taxes $4,455

AREA INFORMATION

School District: Springfield School District
Elementary School: Union Street School
Middle School: Riverside Middle School
High School: Springfield High School

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