$1,525,000 ($135.56 per sqft)

Est. Mortgage $7,611/mo *

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683-687 State St, Springfield, MA, 01109

683-687 State St, Springfield, MA, 01109
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51 rooms

25 beds

15 Full / 2 Half baths

1895

11,250 sqft

**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

Status:

Active

Type:

Multi-family

Units:

17

Zoning:

B1

Basement:

Full

Levels:

5

Acreage:

0.17

Est. Taxes:

$14,787

Assessment

$867,300

Construction

Brick

Lot Description:

Level

Amenities:

Public Transportation

MLS #:

73254939

Buyer Agent Compensation:

1.5

Facilitator Compensation:

0

Compensation Based On:

Net Sale Price

Sub-Agency Relationship Offered:

No

Community Info

School Info

Walk Score

Mass Transit

Yelp

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Listing courtesy of The Madison Team, Lock and Key Realty Inc.