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132 Alderman St

Springfield, MA 01108

9 beds
3 baths
3,433 sqft
4,369 sqft lot
$113 per sqft
1911 build
– on site

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, new hot water heaters, remodeled baths & upgraded kitchens w/newer appliances. All 3 units are currently occupied w/tenants who are up to date & the rents are solid. Investors have multiple options to maximize returns. Consider renting by the room for higher profitability or converting 1 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. Combined rent $4,900!

Listing courtesy of MLSPIN / Isadora Sarto / eRealty Advisors, Inc.

Last checked: Checking… • Last updated Feb 22, 2025 •

MLS# 73335847 —

The Building

Year Built:

1911
Year Built Details:

Approximate
Year Built Source:

Public Records
Construction Materials:

Frame
Roof:

Shingle
Basement:

Full
Foundation Details:

Concrete Perimeter
Exterior Features:

Balcony/Deck
Door Features:

Insulated Doors
Window Features:

Insulated Windows
Patio And Porch Features:

Porch
Levels:

6
Stories Total:

6
Stories:

6
# of Units Total:

3
Building Area Total:

3433
Building Area Units:

Square Feet
Building Area Source:

Public Records

Interior

Rooms Total:

16
Interior Features:

Ceiling Fan(s)
Flooring:

Wood
Fireplace:

true
Fireplace Features:

Gas
Laundry Features:

Washer Hookup

Room Dimensions

Living Area:

3433
Living Area Source:

Public Record

Location

Directions:

Sumner to the X to Alderman on your left
Latitude:

42.089513
Longitude:

-72.555727

The Property

Parcel Number:

S:00210 P:0034,2570562
Property Type:

Residential Income
Property Subtype:

Multi Family
Lot Features:

Corner Lot
Lot Size Units:

Acres
Lot Size Area:

0.1
Lot Size SqFt:

4369
Lot Size Acres:

0.1
Zoning:

R2
Waterview:

No
Waterfront:

false
Farm Land Area Units:

Square Feet

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Book Number:

24046
Tax Annual Amount:

5295
Tax Assessed Value:

329700

Beds

Bedrooms Total:

9

Baths

Total Baths:

3
Total Baths:

3
Full Baths:

3

The Listing

Home Warranty:

false

Heating & Cooling

Heating:

Natural Gas
Heating:

true
Cooling:

Window Unit(s)
Cooling:

true

Utilities

Utilities:

for Gas Range
Electric:

Circuit Breakers
Sewer:

Public Sewer
Water Source:

Public

Appliances

Appliances:

Range

The Community

Senior Community:

false
Community Features:

Public Transportation
Spa:

false

Parking

Garage:

false
Parking Total:

3
Parking Features:

Off Street

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
2/17/25 Feb 17, 2025	Listed / Active	MLSPIN	$389,000	148.6% (15.8% / YR)
8/21/24 Aug 21, 2024	Price Changed	MLSPIN
8/17/24 Aug 17, 2024	Listed / Active	MLSPIN

Multifamily For Sale

$389,000

Listing provided by broker:

Isadora Sarto

eRealty Advisors, Inc.

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This multifamily located in Forest Park, Springfield, MA 01108 is currently for sale for $389,000. 132 Alderman St is a 3,433 square foot multifamily with 9 beds and 3 baths that has been on Estately for 4 days. 132 Alderman St is in the Forest Park neighborhood of Springfield and has a WalkScore® of 83, making it very walkable. This multifamily is in the attendance area of High School Of Commerce, Roger L. Putnam Vocational Technology Academy, Springfield Central High School, White Street School, Springfield High School Of Science And Technology, and Forest Park Middle School.

Listing Courtesy of: MLSPIN and eRealty Advisors, Inc..

The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) 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 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., Estately and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Users may not reproduce or redistribute the data found on this site. The data is for viewing purposes only. All information provided is deemed reliable but is not guaranteed by Estately or MLSPIN and should be independently verified.