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Street View
$1,650,000
Monthly Est:$8,213
25 Beds
- 17 Baths
15 full baths + 2 half baths
11,250sqft
683-687 State St, Springfield, MA 01109
$1,650,000
$8,213/moEst:
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Multi Family
Built in 1895
$-- HOA
0.17 acre lot
$147/sq.ft
Description
Exceptional investment opportunity in Springfield,MA! 683-687 State Street features 17 units, including 15 residential apartments and 2 commercial spaces. The unit mix consists of (9) one-bedroom, (2) two-bedroom, and (4) three-bedroom apartments, with all but two units updated within the past 24 months. The property currently has one vacant 3-bedroom unit and two vacant commercial spaces, creating immediate upside potential. One commercial space offers over 2,600 sq. ft. and is ideal for a laundromat, retail, office, or other business use. Ownership pays heat and hot water, while tenants pay their own electric (separately metered). Ten of the 15 residential units are subsidized, providing stable rental income.The property currently generates approximately $19,000 per month in gross rental income, with upside still available. Excellent cash flow and value-add opportunity. Don't miss out!
- Houzeo last checked: 7 minutes ago
- Listing updated: October 12, 2026 at 7:05 am
- Listing Provided by: Jessica Mekal (413) 519-1423 | Lock and Key Realty Inc. (413) 282-8080
- Source: MLS Property Information Network-MA | MLS#: 73538738

Property Details
Status
Pending
Type
Multi Family
No. of Stories
4
County
City
Neighborhood
Year Built
1895
HOA Fees
-
Finished Area
11,250 sqft
Lot Size
0.17 acre lot
Basement Area
- sqft
MLS Name
MLS Property Information Network
MLS Number
73538738
MLS Status
Under Agreement
Days on Market
137

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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 25
Bathrooms: 17
Interior
Sewer
Public Sewer
Construction
Year Built
Year Built: 1895
Home type
Multi Family
Foundation Details
Brick/mortar
Construction Materials
Brick
Roof
Rubber
Utilities & Energy
Basement
Full
Water Source
Public
Other Features
Lot Features
Level
Disclosures
One Apt Being Marketed For Rent But Can Be Delivered Vacant At Buyers Request. Roofs Replaced In 2023; Heating System Updated 7 8 Years Ago Per Prior Owner. Buyer To Perform Own Due Diligence. Photos Are From When Units Were Vacant & Commercial Space Photo Is Staged. There Are Some Loc's For Apt's.
Patio And Porch Features
Porch
Community Features
Public Transportation, Laundromat
Price History
| Date | Event | Price |
|---|---|---|
10/12/2026 Source: | Pending | $1,650,000 $147/sqft |
09/28/2026 Source: | Contingent (Active Under Contract) | $1,650,000 $147/sqft |
07/15/2026 Source: | Price Decreased | $1,650,000 -1.49% $147/sqft |
06/19/2026 Source: | Listed for Sale | $1,675,000 +12.42% $149/sqft |
10/28/2024 Source: | Sold | $1,490,000 +5.67% $132/sqft |
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Based on information provided to and compiled by MLS Property Information Network, Inc. covering through Nov 04, 2026, 06:30AM. 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. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified. © 2026 MLS Property Information Network, Inc. All Rights Reserved.
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