$1,490,000
683-687 State St
Springfield, MA, 01109
**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
Property Details
Price:
$1,490,000
MLS #:
73254939
Status:
Pending
Beds:
25
Baths:
16
Address:
683-687 State St
Type:
Multi Family
Subtype:
5+ Family – 5+ Units Up/Down
City:
Springfield
Listed Date:
Jun 19, 2024
State:
MA
Finished Sq Ft:
11,250
Total Sq Ft:
11,250
ZIP:
01109
Lot Size:
7,532 sqft / 0.17 acres (approx)
Year Built:
1895
Units:
17
Schools
Interior
Bathrooms
15 Full Bathrooms, 2 Half Bathrooms
Exterior
Community Features
Public Transportation
Construction Materials
Brick
Roof
Rubber
Financial
Tax Year
2023
Taxes
$14,787
Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…
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Courtesy of Lock and Key Realty Inc.. The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. 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. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
683-687 State St
Springfield, MA
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