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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 separately metered electricity. Whether you're looking to expand your investment portfolio or acquire a substantial income-producing asset, this property offers a combination of existing cash flow, recent improvements, and future growth potential. Schedule your private showing today!

MLS Property Information Network (MLS PIN), MLS#: 73601621
Listed By: Lock and Key Realty Inc., Fallah Razzak

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Bedrooms

  • Total Bedrooms: 25

Bathrooms

  • Full bathrooms: 15
  • Half bathrooms: 2

Basement

  • Full

Electric

  • Circuit Breakers

Foundation Details

  • Brick/Mortar

Levels

  • 4

Lot Features

  • Other

Road Frontage Type

  • Public

Sewer

  • Public Sewer

WaterSource

  • Public
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Listed By:
Lock and Key Realty Inc.
Fallah Razzak

Data Source: MLS Property Information Network (MLS PIN)

MLS#: 73601621

Data Source Copyright: © 2026 MLS Property Information Network (MLS PIN) All rights reserved.

© 2026 MLS Property Information Network (MLS PIN). All rights reserved.

This property was listed on 11/12/2026 and last updated as of 11/12/2026 7:31:17 PM. OSI IDX updated the data from MLS Property Information Network (MLS PIN) on 11/12/2026 at 10:49 AM. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.