683-687 State St

springfield, MA 01109

US$1,650,000

  • 25 BR
    15 BA, 2 HALF BA
    approx. 11,250 SF
  • 合約簽署

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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!

詳情

11,250 Sq Ft

7,532 Sq Ft 地塊面積

投資

US$1,232 每月稅款

內建於 1895

MLS/房源編號 73538738

4 故事

17 單位

設施與特色

Public Water

Public Sewer

橡膠

Community - Laundromat

門廊

Lot - Level

實體店面

Construction - Brick

Community - Public Transportation

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