215-217 State St

Taxes: $9,050 (2025)

About this home

Listed for the first time in over 40 years, this large 5 unit property produces excellent cash flow. The prime location has it conveniently situated a short walk to downtown, the bike path, Smith college, and all the amenities of King St. The large 4 bedroom unit has dramatic exposed beams and cathedral ceilings in the central living space. The 3 bedroom unit has a large kitchen, walk-in pantry, and ample light with it's 2 bay windows. Three,1-bedroom units, complete the property creating excellent rental diversity for a stable income. Mature trees on the corner add extra privacy. The smaller units ea. have 1 off-street parking space with the 4 BR having 3 spaces. The coin-op laundry in the basement provides the owner with added income. Each unit is separately metered, with an additional owners meter. Several units are receiving rents under market value so there is excellent upside for long term growth. Accompanied showings during ONLY 2 time slots. Thurs. the 4th 2-4, Sat the 6th 11-1

Property details

Road type

Public

Basement

Full, Walk Out, Interior Access