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683 687 State St

Springfield, MA 01109

25 beds
17 baths
11,250 sqft
7,532 sqft lot
$125 per sqft
1895 build
– on site

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**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

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

Last checked: Checking… • Last updated Oct 31, 2024 •

MLS# 73254939 —

The Building

Year Built:

1895
Year Built Details:

Actual
Year Built Source:

Public Records
Construction Materials:

Brick
Roof:

Rubber
Basement:

Full
Foundation Details:

Brick/Mortar
Stories Total:

5
# of Units Total:

17
Building Area Total:

11250
Building Area Units:

Square Feet
Building Area Source:

Public Records

Interior

Rooms Total:

51
Fireplace:

false

Room Dimensions

Living Area:

11250

Location

Directions:

Located at the corner of State St and Hancock St
Latitude:

42.109899
Longitude:

-72.569341

The Property

Parcel Number:

S:11110 P:0516
Property Type:

Residential Income
Property Subtype:

5+ Family - 5+ Units Up/Down
Lot Features:

Level
Lot Size Units:

Acres
Lot Size Area:

0.17
Lot Size SqFt:

7532
Lot Size Acres:

0.17
Zoning:

B1
Waterfront:

false
Farm Land Area Units:

Square Feet

Listing Agent

Contact info:

Taxes

Tax Year:

2023
Tax Book Number:

25205
Tax Annual Amount:

14787.46
Tax Assessed Value:

867300

Beds

Bedrooms Total:

25

Baths

Total Baths:

16
Total Baths:

17
Full Baths:

15
Half Baths:

2

The Listing

Home Warranty:

false
Sub Agency Relationship Offered:

No

Utilities

Sewer:

Public Sewer
Water Source:

Public

The Community

Senior Community:

false
Community Features:

Public Transportation
Spa:

false

Parking

Garage:

false

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
10/28/24 Oct 28, 2024	Sold	MLSPIN	$1,410,000	-5.4%
9/19/24 Sep 19, 2024	Pending	MLSPIN	$1,490,000
9/5/24 Sep 5, 2024	Sold Subject To Contingencies	MLSPIN	$1,490,000

Multifamily Sold on 10/28/2024

$1,410,000

Listing provided by broker:

The Madison Team

Lock and Key Realty Inc.

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Listing Courtesy of: MLSPIN and Lock and Key Realty Inc..

The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc., Estately and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Users may not reproduce or redistribute the data found on this site. The data is for viewing purposes only. All information provided is deemed reliable but is not guaranteed by Estately or MLSPIN and should be independently verified.

683 687 State St

Springfield, MA 01109