Multi-Family for Sale: 683-687 State St, Springfield, MA 01109 SOLD

25 beds
15 full, 2 half baths
11,250 sqft
$1,410,000
$1,410,000
683-687 State St, Springfield, MA 01109 SOLD
25 beds
15 full, 2 half baths
11,250 sqft
$1,410,000
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Selling Price: $1,410,000
Original List Price: $1,525,000
Sold at 92.5% of list price
Sold Date: 10/28/2024

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Type Multi-Family
Beds 25
Total Baths 15 full, 2 half baths
Square Feet 11,250 sqft
Lot Size 0.17 acres
Year Built 1895
City Springfield
County Hampden
MLS 73254939
Status Closed
DOM 131 days
**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

Lot & Building Features

Construction Brick
Sewer Public Sewer
Tax Year 2023
Taxes Paid $14,787
Water Public
Foundation Brick/Mortar
Roof Rubber
Full Baths 15
Half Baths 2
Total Rooms 51
Basement Feature Full
Garage Spaces 0

Price History of 683-687 State St, Springfield, MA

Date Name Price Difference
08/16/2024 Price Adjustment $1,410,000 7.54%
06/19/2024 Listing Price $1,525,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

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Photo of Janet Gillis
Janet Gillis
REALTOR®
Direct: 339-933-0932
Office
Marshfield, MA
339-933-0932
Listed by Lock and Key Realty Inc., The Madison Team
Sold by Lock and Key Realty Inc., The Madison Team
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Listing information courtesy of: Lock and Key Realty Inc.

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