199 Summer St, Springfield, VT 05156

$199,000
9
BD
2
BA
11,500
SqFt

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Listing courtesy of Dave White from OwnerEntry.com. ()

List Price
$199,000
Status
ACTIVE UNDER CONTRACT
MLS#
5092901
Price Change
▼ $40,000 1782850208
Property Type
Condominium
Bedrooms
9
Bathrooms
2
Living Area
11,500
Lot Size
108,900
Acres
2.50
Year Built
1920

Property Description

Price Reduced after just 3 weeks on market! Priced to sell. Set on approximately 2.5 acres, the property includes a roughly 11,500 sq. ft. former school building with road access, municipal water and sewer, and Medium Density Residential zoning. This property offers significant potential for multifamily housing, residential development, or a mixed-use concept. Potential redevelopment paths include converting the building into 8 rental apartments, daycare or educational space, community space, or a mixed-use project. The larger site may also support additional development concepts, including approximately 12 small homes, subject to permitting. Springfield continues to benefit from 10G fiber availability, access to I-91, Springfield Hospital, and proximity to Okemo, and Woodstock. With existing residential zoning this property is well-suited for developers or investors. Floor plan and inspection available upon request.

Additional Information

Taxes
$3,793
Listing Agent
Dave White
Listing Office
OwnerEntry.com
Style
Other
Electric
On Site
Utilities
Other
Basement
Full
Foundation
Brick/Mortar, Other
Sewer
Public Sewer
Roof
Other
Zoning
r
Water
Public

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Calculator source: Real Geeks

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