Listed by Franchesca Collins • Hall Collins Real Estate Group.
For sale
$299,000
Est. $1,980/mo —
4
bd
•
3 ba
•
3,548
sq ft
16 Furnace St, Springfield, VT 05156
About this home
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.
Single-familyProperty Type
1885Year Built
0.25 acresLot Size
$84Price/Sq.Ft.
2 car garageParking
Listed by Franchesca Collins• Hall Collins Real Estate Group
Listed by Holly Hall• Hall Collins Real Estate Group
Open House July 31 from 3-5 PM. 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.
PrimeMLS #2628310
Dec 23, 2008
Sold
$64,954
$18/sq ft
Dec 1, 2006
Listed
$64,954
$18/sq ft
This property is being sold AS IS -
PrimeMLS #3087585
Nov 4, 2003
Sold
$85,000
$24/sq ft
Jul 8, 2003
Listed
$85,000
$24/sq ft
Public Records
Oct 24, 1996
Sold
$65,000
$18/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$1,980 (+2.4%)
$17,100 + $105,500
$122,600
2024
$1,934 (+10.5%)
$17,100 + $105,500
$122,600
2023
$1,750 (−55.8%)
$17,100 + $105,500
$122,600
2022
$3,957 (+36.0%)
$17,100 + $105,500
$122,600
2021
$2,910 (+1.2%)
$13,200 + $64,700
$77,900
2020
$2,877 (+4.2%)
$13,200 + $64,700
$77,900
2019
$2,761 (+11.3%)
$13,200 + $64,700
$77,900
2018
$2,482 (−25.0%)
$13,200 + $56,000
$69,200
2016
$3,307 (+3.7%)
$32,500 + $81,000
$113,500
2015
$3,189 (−75.8%)
$32,500 + $81,000
$113,500
2014
$13,184
$32,500 + $81,000
$113,500
Public record
Public record
Zoning
Beds
4
Baths
2
Stories
2
Lot width
—
Lot depth
—
Lot size
0.25 Acres
Year renovated
—
Finished Sq. Ft.
1,774
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,774
Year built
1885
Style
Single Family Residential
County
Windsor County
APN
60619010428
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 15, 2026.
MDR
Medium Density Residential District
The Medium Density Residential District is designated for land where central water and sewer facilities are available or where the installation of these facilities is feasible. Residential and other compatible and complementing uses are permitted in this district at densities dependent on utility service availability. This district is intended to serve as an urban fringe area for both Springfield and North Springfield, housing a majority of the community's residents in areas and at densities consistent with the utilities provided. See also the requirements of the zoning district, if any, set forth in the town plan and current and future land use maps.
Permitted uses
Include but are not limited to:
Housing-Single unit
Housing-Multiple units
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
8 days above 93° expected this year, 18 days in 30 years
3/10 Wind Factor
6% chance of strong winds in next 30 years
1/10 Air Factor
0 unhealthy days expected this year, 0 days in 30 years
Provided by First Street
Historical weather
Springfield, VT • 05156
Average low and high temperatures (°F)
27
12
30
12
45
26
57
35
65
46
78
55
83
61
78
56
73
50
60
39
46
30
31
17
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
74/ 100
Good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8 hrs
4.4 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 16 Furnace St
$285,295
$14K under list price of $299K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $165K to $375K.