$1,650,000
Active
12
Beds
12
Baths
13755
Sqft
0.16
Acres
40 Warriner Ave, Springfield, MA 01108
MLS#: 73571198
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Overview
Location
Mortgage
Similar Homes
683-687 State St Springfield, MA 01109
$1,650,000
PENDINGBeds
25
Baths
17
Sqft
11,250
Acres
0.17
Year
1895
Days on Site
8 Days
Property Type
Residential Income
Sub Type
5+ Family - 5+ Units Up/Down
Per Square Foot
$147
Date Listed
Jun 19, 2026
Description of 683-687 State St, Springfield, MA 01109
Listing details for 683-687 State St, Springfield, MA 01109 : 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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Listing Updated : 10-14-2026 at 3:54 AM EDT
Property Details
Property Overview
Listing Price
$1,650,000
MLS #ID
73538738
Price
$1,650,000
Bedrooms
25
Bathrooms
17
Square Footage
11,250
Acres
0.17
Year
1895
Days on Site
8 Days
Property Type
Residential Income
Property Sub Type
5+ Family - 5+ Units Up/Down
Price per Sq Ft
$147
Date Listed
Jun 19, 2026
Location
Street Address
683-687 State St
City
State
Massachusetts
ZIP Code
County
Driving Directions
Located at the corner of State St and Hancock St
Home Specification
Bedrooms
25
Bathrooms
15 Full / 2 Half
Total Square Feet
11,250
Above Grade Square Feet
11,250
Stories / Levels
4
Construction / Architecture
Year Built
1895
Construction Materials
Brick
Foundation
Brick/Mortar
Roof
Rubber
New Construction
No
Price per Sq Ft
$147
Lot Features
Level
Lot Size (Sq Ft)
7,532
Lot Size (Acres)
0.17
Zoning
B1
Interior Details
Fireplace
No
Heating
None
Cooling
None
Exterior Details
Garage
No
Patio & Porch Features
Porch
Fencing
None
Waterfront
No
Water Source
Public
Sewer
Public Sewer
Community Features
Public Transportation and Laundromat
Taxes, HOA & Financing
Annual Property Tax
$14,787.46
HOA Fee Includes
None
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Source
MLS PIN, MLS#: 73538738
Property History
DateEventPrice
10/12/2026
Pending sale
$1,650,000 -1.5%
$147/sqft
6/19/2026
Listed for sale
$1,675,000
$149/sqft
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The property listing data and information 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 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 set forth herein.
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