Date
Details
Price
Change
Source
6/19/2026
Listed
$1,675,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$1,675,000 Just Listed
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Property 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!
Full Property Details
Full Property Details for 683-687 State St
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General
- Price: $1,675,000
- Taxes: $14,787 (2023)
- Status: Active
- Type: Multi-Family
- MLS ID: 73538738
- Updated: 6/23/2026
- Added to Site: 6 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 17
- Full Bathrooms: 15
- Half Bathrooms: 2
Bedrooms
- Total Bedrooms: 25
Location
- County: Hampden
Structural Information
- Basement: Yes
- Stories/Levels: 4
- Square Feet: 11,250
- Year Built: 1895
Lot Features
- Lot Size (Acres): 0.17
Financial Considerations
- Tax Amount: $14,787.46
- Tax Year: 2023
Disclosures and Reports
- Disclosures/Rstr.: 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.
- Property ID: S:11110 P:0516
Listed by Lock and Key Realty Inc., Jessica Mekal
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Listing agent
— 683-687 State St —
Jessica Mekal
Lock and Key Realty Inc.
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Price & Sales History for 683-687 State St
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- Single Family
- Active
- Updated 4 hours ago
- 3Beds
- 2Total Baths
- 1,280Sq. Ft.
Listed by Authier LaDuke (413) 345-8623
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- Updated 16 hours ago
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- Updated 2 days ago
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- Single Family
- Active
- Updated 1 day ago
- 3Beds
- 1Total Bath
- 1,128Sq. Ft.
- Condo
- Active
- Updated 3 days ago
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- Single Family
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- Updated 5 hours ago
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- 1,445Sq. Ft.
- Single Family
- Active
- Updated 2 days ago
- 3Beds
- 2Total Baths
- 1,365Sq. Ft.
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- Single Family
- Closed
- Updated 6 days ago
- 4Beds
- 6Total Baths
- 5,996Sq. Ft.
Listed by Rose Murphy
683-687 State St, Springfield, MA 01109 (MLS# 73538738) is a Multi-Family property with 17 units containing 25 bedrooms, 15 full bathrooms and 2 partial bathrooms. 683-687 State St is currently listed for $1,675,000 and was received on June 19, 2026. Want to learn more about 683-687 State St? Do you have questions about finding other Multi-Family real estate for sale in Springfield? You can browse all Springfield real estate or contact a Coldwell Banker agent to request more information.