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Key Details
Sold Price $1,410,000
Property Type Multi-Family
Sub Type 5+ Family - 5+ Units Up/Down
Listing Status Sold
Purchase Type For Sale
Square Footage 11,250 sqft
Price per Sqft $125
MLS Listing ID 73254939
Sold Date 10/28/24
Bedrooms 25
Full Baths 15
Half Baths 2
Year Built 1895
Annual Tax Amount $14,787
Tax Year 2023
Lot Size 7,405 Sqft
Acres 0.17
Property Description
**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
Location
State MA
County Hampden
Zoning B1
Direction Located at the corner of State St and Hancock St
Rooms
Basement Full
Exterior
Community Features Public Transportation
Waterfront false
Roof Type Rubber
Garage No
Building
Lot Description Level
Story 5
Foundation Brick/Mortar
Sewer Public Sewer
Water Public
Others
Senior Community false
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Bought with The Madison Team • Lock and Key Realty Inc.
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