Off Market
683-687 State St, Springfield, MA
Springfield · MA 01109
- $1,395,000
- Price
- 25
- Beds
- 15.5
- Baths
- 11250
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 1895
Units:
17 Units
Lot size:
7,532 Sq.Ft Lot
Price per square foot:
$124 / Sq.Ft
Parking:
No Parking
About this home
Investment Opportunity! Welcome to 683-687 State Street, a hidden gem nestled in the heart of Springfield, Massachusetts. This property has a total of 17 units including 15 residential & 2 commercial spaces. One commercial space being 2,600+ sq ft. & presents a PERFECT opportunity to convert into a Laundromat or Business! There are a variety of unit sizes, comprising of nine one-bedroom, two two-bedroom, & four three-bedroom units. There are 6 Units currently being advertised & rented at market rate. Heat & hot water is provided by ownership & tenants are responsible for electric which includes electric stoves. Roofs have been replaced within the past year and the heating system has been replaced within the past 5 years. With only two units occupied, take this chance to place qualified paying tenants! The current property management in place is available to continue services once purchased. Don't pass up a chance like this in an expanding city such as Springfield, MA!
Neighborhood & Transit
683-687 State St, Springfield · MA 01109
Nearby transit
Within 0.5 mile, measured straight-line to the nearest station entrance.
No subway or commuter rail stations within 0.5 mile.
Price Insight
- Days on Market:
- 998 days
- Listing Price:
- $1,395,000
- Price per Sq.Ft:
- $124
- Tax Assessment:
- $867,300 in 2023
- Taxes:
- $1,232 / Monthly
Home Facts
Interior Features
- Bedrooms
- 25
- Full Bathrooms
- 15
- Half Bathrooms
- 1
- Living Area
- 11,250 Sq.Ft
- Kitchen
- Unknown
- Primary Bedroom
- Unknown
- Laundry
- Unknown
- Living levels
- Unknown
- Rooms
- Unknown
- Above grade area
- 11250
- Flooring
- Unknown
- Lead paint
- Unknown
Utilities
- Heating Type
- Unknown
- Heating Zone
- Unknown
- Cooling
- Unknown
- Cooling Zones
- Unknown
- Water
- Unknown
- Sewer
- Unknown
- Electric Features
- Unknown
Exterior Features
- Lot Size
- 7,532 Sq.Ft
- Lot Description
- Unknown
- Exterior Features
- Unknown
Parking
- Garage Parking
- 0 Parking Spaces
- Off Street Parking
- None
Construction Details
- Construction Type
- Unknown
- Siding
- Unknown
- Roof
- Unknown
Green Features
- Electric Vehicle Charger
- Unknown
- Solar Panels
- Unknown
- Green Certified
- Unknown
- Insulation Features
- Unknown
- Energy Features
- Unknown
Listing information
- Listing agent
- The Madison Team
- Listing office
- Lock and Key Realty Inc.
- MLS PIN #
- 73201273
- Disclosure
- Member of ownership LLC is licensed real estate agent. 6 of the 15 residential units are updated and/or renovated. 6 of the 15 residential units need updates/renovations. As of 3/1/24 only 2 units will be occupied. Remaining two tenants are paying.