9 beds11,500 sqft$17/sqft
199 Summer St, Springfield, VT 05156
Est: $1,328/moGet pre-approved

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...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.
LISTING UPDATED: 07/27/2026 03:38 PM

  1. Listed by Dave White • OwnerEntry.com

Property Details for 199 Summer Street

MLS #
5092901
Days on Market
50
Pet Policy
-
Taxes
$3,793 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Residential / Condo
Year Built
1920
Zoning
r

Location

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Building Information for 199 Summer Street

Building/Complex199 Summer StFloor-Stories2Residences5Pet Policy-Pet Policy Details-Year Built1920

Payment Calculator

$1,328 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,011

Property Taxes

$316

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 199 Summer Street

Summary
Location and General Information
  • City: Springfield
  • County: VT-Windsor
  • Latitude: 43.296627574241441
  • Longitude: -72.471735271163936
  • Road Frontage: Yes
  • Seasonal: No
  • State: VT
  • Street Designation: Street
  • Zip Code: 05156
Taxes and HOA Information
  • Condo Fees: No
  • SPAN Number: 60619013543
  • Tax Year: 2025
  • Taxes TBD: No
Parking
  • Garage: No
  • Garage Capacity: 20.00
  • Driveway: Paved
Property
Lot Information
  • Lot Features: Other
  • Lot Size Acres: 2.5
  • Road Frontage Length: 1.0
  • Total Finished Area: 11500.0
  • Above Grade Finished Area: 11500.0
  • Above Grade Finished Area Source: Other
  • Above Grade Unfinished Area: 0.0
  • AboveGradeUnfinishedAreaSource: Other
  • Below Grade Finished Area: 0.0
  • Below Grade Finished Area Source: Other
  • Below Grade Unfinished Area: 999.0
  • BelowGradeUnfinishedAreaSource: Other
  • Lot Size Square Feet: 108900.0
  • Total Area: 12499.0
Property and Assessments
  • Property Class: Residential
  • Property Type: Condo
  • Flood Zone: Unknown
  • PreConstruction: No
  • Surveyed: Unknown
  • Year Built: 1920
Utilities
  • Electric: On-Site
  • Sewer: Public
  • Water Source: Public
  • Utilities: Other
  • Internet: Cable Internet
Interior and Exterior Features
Exterior Features
  • Construction Materials: Brick Exterior
  • Roof: Other
Interior Features
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Full
  • Heating: Hot Water, Radiator
  • Cooling: None
  • Total Stories: 2
  • Rooms Total: 12
  • Bathrooms Full: 0
  • Bathrooms Half: 2
  • Bathrooms One Quarter: 0
  • Bathrooms Three Quarter: 0
  • Bedrooms Total: 9
  • Bathrooms Total: 2
Multi Family
Multi-Family Information
  • Units Per Building: 5

Property History for 199 Summer Street

DateEvent & SourcePriceAppreciation
Jul 24, 2026

Active Under Contract

New England Real Estate Network #5092901

Jun 4, 2026

Listed (Active)

New England Real Estate Network #5092901

$239,000
Sep 10, 2024

Sold (Public Record)

Public Record #1540473380

$9,688

-23.5% / yr

DateEvent & SourcePrice
07/24/2026

Active Under Contract

New England Real Estate Network #5092901

06/04/2026

Listed (Active)

New England Real Estate Network #5092901

$239,000
09/10/2024

Sold (Public Record)

Public Record #1540473380

$9,688

-23.5% / yr

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 199 Summer Street

Taxable ValueLand$35,500Additions$69,600Total$105,100
Tax Record2025$1,698 ($142 / month)
Home Facts
Total Finished SqFt8,099 SqFtAbove Grade Finished SqFt8,099 SqFtUnfinished Basement SqFt4,039 SqFtStories2Lot Size108,900 SqFtStyleMiscellaneous CommercialYear Built1900Year Renovated1900CountyWINDSORAPN(190) 027/5/03

Schools near 199 Summer Street

This home is within Springfield School District.
Rating
School
Type
Grades
Distance
Public - PK to 2
Public - 3 to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Elm Hill School
PublicPK to 2

Union School
Public3 to 5

Riverside School
Public6 to 8

Springfield High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

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Copyright 2026 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 08/21/2026 09:48 AM