132 Alderman St, Springfield, MA 01108

Local realty services provided by:ERA Key Realty Services
132 Alderman St,Springfield, MA 01108
$389,000
Virtual Tour
  • 9 Beds
  • 3 Baths
  • 3,433 sq. ft.
  • Multi-family
  • Active
Listed by:isadora sarto
Office:erealty advisors, inc.
MLS#:73401130
Source:MLSPIN

Price summary

  • Price:$389,000
  • Price per sq. ft.:$113.31

About this home

Turnkey 2-Family w/3rd-Floor Suite, Strong Investment Opportunity! Well-maintained two-family, 3-unit investment property. Recent updates include newer vinyl siding, energy-efficient vinyl windows, updated HVAC furnaces, newer hot water heater, remodeled bath & upgraded kitchens w/newer appliances. 2 of the 3 units are currently occupied. Investors have multiple options to maximize returns. Consider renting by the room for higher profitability or converting the empty unit into a short-term or mid-term rental—a proven strategy that was recently implemented here. Lead certificate is available for 1st fl. unit, solar system negotiable, offering big savings on electricity. Features include a large basement w/laundry hookups & off-street parking for 3 cars. Conveniently located near local amenities. Whether expanding your portfolio or looking for a strong income-producing property, this is an opportunity you don't want to miss! Vacant 2nd floor apt. 3 bed 1bath!

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Home facts

  • Year built:1911
  • Listing ID #:73401130
  • Updated:September 05, 2025 at 11:16 AM

Rooms and interior

  • Bedrooms:9
  • Total bathrooms:3
  • Full bathrooms:3
  • Living area:3,433 sq. ft.

Heating and cooling

  • Cooling:Window Unit(s)
  • Heating:Forced Air, Natural Gas

Structure and exterior

  • Roof:Shingle
  • Year built:1911
  • Building area:3,433 sq. ft.
  • Lot area:0.1 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$389,000
  • Price per sq. ft.:$113.31
  • Tax amount:$5,295 (2024)
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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