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

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

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.

Map of 683-687 State St, Springfield, MA

Location Map Street View
Photo of Jim Giampa
Jim Giampa
Manager / Broker
Direct: 603-235-5887
Office
655 Wallis Road.
Rye, NH 03870
603-964-7000
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 Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Lock and Key Realty Inc.

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