683-687 State St Pending

Springfield,MA 01109

$ 1490000

25 Beds

16 Baths

11250 SqFt


Key Details

Property Type Multi-Family

Sub Type 5+ Family - 5+ Units Up/Down

Listing Status Pending

Purchase Type For Sale

Square Footage 11,250 sqft

Price per Sqft $132

MLS Listing ID 73254939

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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