$1,525,000
Active
7 Days Online
25 Beds17 Baths11,250 SQFT
Active

683-687 State St Springfield, MA 01109

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**Back to Market with MAJOR Updates Throughout** 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 being 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 and rent ready. There are only 6 one-bed units vacant & 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

  • Property TypeMulti-Family
  • NeighborhoodN/A
  • CountyHampden
  • Taxes$14,787
  • HOA/Condo/Coop Fees$0
  • Days on Site7 Days
  • MLS StatusActive
  • MLS ID Number73254939
  • Home Size Source Public Records
  • Year Built1895
  • Lot Size0.17 Acres
  • Full Baths15
  • Partial Baths2

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General Features

  • Construction Brick
  • Parking Spaces 0
  • Sewer Public Sewer
  • Basement Full
  • Number of Stories 5
  • Acreage 0.17
  • Water Public
  • Property Sub Type Multi Family
  • Garage Spaces 0
  • Foundation Brick/Mortar
  • Zoning B1
  • Buyer Agent Compensation 1.5
  • Facilitator Compensation 0
  • Compensation Based On Net Sale Price
  • Sub-Agency Relationship Offered No
  • Garage 0

Interior Features

  • Fireplaces 0
  • Fireplace No

Exterior Features

  • Roof Rubber
  • Spa No
  • Waterfront Property No
  • Lot Level
  • Lot Features Level

Community Features

  • Community Features Public Transportation
  • Senior Community No
  • Adult Care Community No

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Monthly Payment (Est.)

$8,010
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