685 State St, Springfield, MA 01109

Springfield
Local realty services provided by:Better Homes and Gardens Real Estate The Shanahan Group
685 State St,Springfield, MA 01109
$1,650,000
  • 25 Beds
  • 17 Baths
  • 11,250 sq. ft.
  • Multi-family
  • Active
Listed by: fallah razzak
Office: lock and key realty inc.
MLS#:73601621
Source:MLSPIN

Price summary

  • Price:$1,650,000
  • Price per sq. ft.:$146.67

About this home

Prime Mixed-Use Investment Opportunity in Springfield! Discover the income potential of 683–687 State Street, a 17-unit mixed-use property featuring 15 residential apartments and 2 commercial spaces. The residential unit mix includes nine 1-bedroom, two 2-bedroom, and four 3-bedroom apartments. Significant improvements have been completed, with 13 of the 15 apartments updated within the past two years. The property offers additional income potential with one vacant 3-bedroom apartment and two vacant commercial spaces. One commercial unit provides over 2,600 square feet, offering flexible possibilities for retail, office, laundromat, or other permitted commercial uses. Ten residential units are currently subsidized, providing an established rental income stream. The property generates approximately $19,000 in monthly gross rental income, with room for additional revenue as vacant units are leased. Heat and hot water are provided by the owner, while tenants are responsible for their...

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Home facts

  • Year built:1895
  • Listing ID #:73601621
  • Updated:November 13, 2026 at 02:06 AM

Rooms and interior

  • Bedrooms:25
  • Total bathrooms:17
  • Full bathrooms:15
  • Half bathrooms:2
  • Rooms Total:51
  • Basement Description:Full
  • Living area:11,250 sq. ft.

Structure and exterior

  • Year built:1895
  • Building area:11,250 sq. ft.
  • Lot area:0.17 Acres
  • Foundation Description:Brick/Mortar

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,650,000
  • Price per sq. ft.:$146.67
  • Tax amount:$19,783 (2026)
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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