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683-687 State St, Springfield, MA

Springfield · MA 01109

$1,410,000
Price
25
Beds
16
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: $132 / Sq.Ft
Parking: No Parking

About this home

**Back to Market with MAJOR Updates. Buyer lost Financing** Investment Opportunity! Welcome to 683-687 State Street, a hidden gem nestled in the heart of Springfield, MA. This property has a total of 17 units including: 15 residential & 2 commercial spaces. One commercial space is 2,600+ sq ft. & presents a PERFECT opportunity to convert into a Laundromat or Business! There are a variety of unit sizes, comprising (9) one-bedroom, (2) two-bedroom, & (4) three-bedroom units. ALL 15 residential units are FULLY updated. There are 4 one-bed units & 2 commercial units vacant. One bed units are expected to be filled within 30 days. Heat & hot water is provided by ownership & tenants are responsible for electric which includes electric stoves. Roofs are 1 year old and the heating system has been replaced within the past 5 years. 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:
866 days
Listing Price:
$1,490,000
Price per Sq.Ft:
$132
Tax Assessment:
$867,300 in 2023
Taxes:
$1,232 / Monthly

Home Facts

Interior Features

Bedrooms
25
Full Bathrooms
15
Half Bathrooms
2
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 #
73254939
Disclosure
Member of ownership LLC is licensed real estate agent. Currently 6 residential units are vacant & actively being advertised for rent at market rate. Seller is willing to leave vacant if buyer requests. The two commercial spaces will be left vacant. Rent roll attached to listing.