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Listed By Dave White OwnerEntry.com
$ 199,000
Est. payment /mo
Under Contract
199 Summer ST Springfield, VT 05156
9 Beds
2 Baths
11,500 SqFt
UPDATED:
Key Details
Property Type Condo
Sub Type Condo
Listing Status Under Contract
Purchase Type For Sale
Square Footage 11,500 sqft
Price per Sqft $17
MLS Listing ID 5092901
Style Other
Bedrooms 9
Half Baths 2
Construction Status Existing
Year Built 1920
Annual Tax Amount $3,793
Tax Year 2025
Lot Size 2.500 Acres
Acres 2.5
Property Sub-Type Condo
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.
Location
State VT
County Vt-windsor
Area Vt-Windsor
Zoning r
Rooms
Basement Full
Interior
Heating Hot Water, Radiator
Cooling None
Exterior
Parking Features No
Garage Spaces 20.0
Utilities Available Other
Roof Type Other
Building
Lot Description Other
Story 2
Sewer Public
Water Public
Architectural Style Other
Construction Status Existing
