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603-643-3942
5 Old Nugget Alley
Hanover, NH 03755

$319,000

MLS# 5095208
1774 sq.ft. Bedroom | 0 Bathroom
Multi Family
16 Furnace Street Springfield VT 		 
$319,000 | $180 per sq.ft. | MLS# 5095208 A 2  Unit Multi Family Home, 16 Furnace Street Springfield VT With 1 - One Bedroom Units | 1 - Three Bedroom Units

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.

Annual Expenses
Taxes: $4,455 		    Income
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

FEATURES AND DETAILS

CONSTRUCTION: Wood Frame | Clapboard Exterior | Exterior Color Tan | Price Per SQ.FT. 179.82 | Year Built: 1885
 LAND DESCRIPTION: LOT DESCRIPTION: City Lot | Corner | In Town | Near Paths | Near Shopping | Near Hospital | Near School(s)
Avail.Sq.Ft.: 2
Livable Space: 1774
Above Grade Sq.Ft.: 1774
Below Grade Sq.Ft.: 0
Heating: Oil
Cooling: None
Electric: Circuit Breaker(s)
Style: Conversion | Multi-Family
Roof: Rolled | Slate
Water: Public
Sewer: Public
Lot size: 0.25 acres
Zoned: Residential
Surveyed: Unk
Flood Zone: No
Seasonal: No
Driveway: Gravel
ADDITIONAL INFORMATION
Taxes $4,455  | Assesed Value $0 in
SCHOOLS
School District: Springfield School District
Elementary School: Union Street School
Middle School: Riverside Middle School
High School: Springfield High School
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15 Buck Rd. Hanover, NH 03755 603-643-3942

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