683-687 State St Springfield, MA $ 1,675,000
683-687 State St
$ 1,675,000
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683-687 State St

Springfield, MA, 01109
$ 1,675,000
Bedrooms25 Baths15.2 Sq 11,250

Monthly Estimate*

$ 10,313

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Multi-Family Home for sale in Springfield, MA

for $1,675,000 with 25 bedrooms and 15 full baths, 2 half baths. This 11,250 square foot home was built in 1895 on a lot size of 0.17.

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!

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Multi-Family Active

Price

$ 1,675,000

Bedrooms

25

Full Bath

15

Half Bath

2

Property Type

Multi-Family

Taxes

$ 14,787

Style

5+ Family - 5+ Units Up/Down

Lot Size

0.17

Year Built

1895

Town/City

Springfield

County/Region

Hampden

MLS | Web ID

73538738

List By
Jessica Mekal

Listing Agent

Lock And Key Realty Inc.

Broker

Affordability Calculator

$11,546
Per Month
89%
11%
0%
Monthly Principal & Interest
$10,313
Monthly Property Taxes
$1,232
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Pricing History
DatePricePrice ChangeDescription
6/19/2026$1,675,000 Listed Price

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683-687 State St, Springfield, MA, 01109 is a Multi-Family Home for sale at $1,675,000 with 11,250 sqft and a lot size of 0.17. 683-687 State St has 25 bedrooms, 15.2 baths, and was built in 1895. The property's zip code is 01109 which is in Springfield, MA