- State St, Springfield, Home For Sale

house for sale

Listed: 06/23/24

683-687 State St, Springfield, Massachusetts, 01109

25 Bed:

15.5 Bath:

11,250 Sq Ft Living Area:

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Price

$ 1,53M

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About This House

Back to Market with MAJOR Updates Throughout Investment Opportunity! Welcome to683-687State Street, a hidden gem nestled in the heart of Springfield, MA. This property has a total of 17 units including: 15 residential and 2 commercial spaces. One commercial space being 2, 600+ sq ft. and presents aPERFECTopportunity to convert into a Laundromat or Business! There are a variety of unit sizes, comprising (9) one-bedroom, (2) two-bedroom, and (4) three-bedroom units. ALL 15residential units are FULLY updated and rent ready. There are only 6 one-bed units vacant and expected to be filled within 30 days. Heat and hot water is provided by ownership and tenants are responsible for electric which includes electric stoves. Roofs are 1 year old and the … Full description

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Houses for sale in Springfield

Original listing

Springfield Housing & Living

Average sale prices for houses

2 bed

3 bed

4+ bed

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Month	Median Price
Jun 2024	$257,396 (+6.6%)
May 2024	$241,490 (-0.4%)
Apr 2024	$242,407 (0%)
Mar 2024	$242,407 (0%)
Feb 2024	$242,407 (0%)
Jan 2024	$242,407 (0%)

In June 2024, the asking price for 2 bed houses for sale in/near Springfield, United States averaged $257,396, an increase of 6.6% from the previous month.

Median price trends for properties for sale in Springfield, United States as of June 2024.

Household Income

Median household income: $37,118

Number of households: 56,331

The average household income in Springfield, MA grew from $35,742 to $37,118 in the past year. This data is an estimate based upon 56,331 households in Springfield, MA.
The chart below presents how household income is distributed in Springfield, MA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $2k-$3k

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Springfield, MA compared to median property taxes around the country. The prevalent amount of property taxes in Springfield, MA equals $2k-$3k , which is more than the national average.

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