Seller's Agent in 2024
Jennilee Madison
Lock and Key Realty Inc.
(413) 282-8080
5 in this area
146 Total Sales
683 State St Springfield, MA 01109
Old Hill Neighborhood
25
Beds
17
Baths
11,250
Sq Ft
7,532
Sq Ft Lot
About This Home
As of October 2024**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
Home Type
- Multi-Family
Est. Annual Taxes
- $14,787
Year Built
- Built in 1895
Lot Details
- 7,532 Sq Ft Lot
- Level Lot
Home Design
- Brick Exterior Construction
- Brick Foundation
- Rubber Roof
Interior Spaces
- 11,250 Sq Ft Home
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 25 Bedrooms
Location
- Property is near public transit
Listing and Financial Details
- Total Actual Rent $14,425
- Assessor Parcel Number S:11110 P:0516
Community Details
Overview
- 17 Units
- Property has 1 Level
Building Details
- Net Operating Income $23,925
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/28/2024 10/28/24 | Sold | $1,410,000 | -5.4% | $125 / Sq Ft |
| 09/02/2024 09/02/24 | Pending | -- | -- | -- |
| 08/16/2024 08/16/24 | Price Changed | $1,490,000 | 0.0% | $132 / Sq Ft |
| 08/16/2024 08/16/24 | For Sale | $1,490,000 | -2.3% | $132 / Sq Ft |
| 06/29/2024 06/29/24 | Pending | -- | -- | -- |
| 06/20/2024 06/20/24 | For Sale | $1,525,000 | -- | $136 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Agents Affiliated with this Home
-
Jennilee Madison
-
Jessica Mekal
Seller Co-Listing Agent in 2024
Jessica Mekal
Lock and Key Realty Inc.
(413) 519-1423
1 in this area
15 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73254939
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The property listing data and information, or the Images, 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, and the Images, 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, or as to the accuracy of any of the Images, set forth herein.
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