$368,000
132 Alderman St
Springfield, MA, 01108
Price improvement! Turnkey 2-Family w/3rd-Floor Suite, Strong Investment Opportunity! Well-maintained two-family, 3-floor investment property. Recent updates include newer vinyl siding, energy-efficient vinyl windows, updated HVAC furnaces, newer hot water heater, upgraded kitchens& bath w/newer appliances. 2 of the 3 units are VACANT! Investors have multiple options to maximize returns. Consider renting by the rm. for higher profitability or converting into a short-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, looking for a strong income-producing property, Or TURNKEY OWNER OCCUPIED, let this is an opportunity you don’t want to miss! Let the tenants pay down your mortgage!
Property Details
Price:
$368,000
MLS #:
73401130
Status:
Active Under Contract
Beds:
9
Baths:
3
Address:
132 Alderman St
Type:
Multi Family
City:
Springfield
Listed Date:
Jul 8, 2025
State:
MA
Finished Sq Ft:
3,433
Total Sq Ft:
3,433
ZIP:
01108
Lot Size:
4,369 sqft / 0.10 acres (approx)
Year Built:
1911
Units:
3
Schools
Interior
Appliances
Range, Refrigerator, Microwave
Bathrooms
3 Full Bathrooms
Cooling
Window Unit(s)
Flooring
Wood, Vinyl, Laminate, Hardwood
Heating
Natural Gas, Forced Air
Laundry Features
Washer Hookup, Dryer Hookup
Exterior
Community Features
Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/ Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Private School, Public School
Construction Materials
Frame
Exterior Features
Balcony/ Deck, Balcony
Parking Features
Off Street
Parking Spots
3
Roof
Shingle
Financial
Tax Year
2024
Taxes
$5,295
Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…
More About MarieMortgage Calculator
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Courtesy of eRealty Advisors, Inc.. The property listing data and information 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 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 set forth herein.
132 Alderman St
Springfield, MA
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