Price Reduced Listing
16 Furnace Street,Springfield, VT 05156
Springfield, VT 05156
Description
Open House Friday night July 31 from 3-5 PM! Wonderfully renovated home 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, electricity, and insulation 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.
Details
| MLS # | 5095207 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | (10) Active - Active |
| Year | 1885 |
| Days On Site | 67 |
| Listing Provided By | Hall Collins Real Estate Group | Franchesca Collins |
Features
| Bed(s) | 4 |
|---|---|
| Bath(s) | 3 Total |
| Garage | 2 |
| Basement | Y |
| Story(s) | 2 |
| Zoning | Medium Density Res |
| Acreage | 0.25 |
Interior
| Rooms Total | 8 |
|---|---|
| Cooling | None |
| Heating | Oil, Baseboard, Hot Water |
| Interior Features | Kitchen/Dining, Natural Light, Natural Woodwork, Indoor Storage, 1st Floor Laundry |
| Appliances | Refrigerator, Electric Stove |
Exterior
| Exterior Features | Shed |
|---|---|
| Roof | Rolled/Hot Mop, Slate |
| Construction Materials | Wood Frame, Clapboard |
| Foundation Details | Concrete, Fieldstone |
| Lot Features | City Lot, Corner Lot, In Town |
| Accessibility Features | 1st Floor 3/4 Bathroom, 1st Floor Laundry |
Parking
| Garage Yes / No | Yes |
|---|---|
| Parking Features | Off Street, Parking Spaces 3 - 5 |
Utilities
| Utilities | Phone Available |
|---|---|
| Electric | Circuit Breakers |
| Sewer | Public Sewer |
Taxes
| Tax Annual Amount | 4454.52 |
|---|---|
| Tax Year | 2026 |
Area Information
| State | VT |
|---|---|
| County | Windsor |
| City | Springfield |
| Zip Code | 05156 |
| Area | VT Windsor |
| School District | Springfield School District |
| Elementary School | Union Street School |
| High School | Springfiel |
| Listing VS Median (in 05156) | |
Price: $299,000 low | high Med: $2,295,000 On site: 67 low | high Med: 447 | |
Market Activity 05156
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Learn More About This Property
| State | VT |
|---|---|
| County | Windsor |
| City | Springfield |
| Zip Code | 05156 |
| Area | VT Windsor |
| School District | Springfield School District |
| Elementary School | Union Street School |
| High School | Springfiel |
| Listing VS Median (in 05156) | |
Price: $299,000 low | high Med: $2,295,000 On site: 67 low | high Med: 447 | |
