$525,000
16-18 Alderman St.
Springfield, MA, 01108
Prime Investment Opportunity – Turn-Key 3-Family with De-Lead Certificates! Well maintained, recently renovated, spacious 4,548 sq. ft of living space, triple-decker with large yard, in Forest Park area. Perfect for investors or owner-occupants looking to live for free. This turn-key “cash cow” features two spacious 3-bedroom units and one 4-bedroom unit—totaling 10 bedrooms. De-lead certificates for the whole house. Separate utilities, including three forced hot air heating systems. Great location, just a few minute walk to “X”. Key Features: 1. Full De-Lead Certificates for all units 2. 3 gas meters and 4 electric meters (include owner meter). 3. Force hot air gas heating for every unit. 4. 1st floor, 6 RM, 4 BR, vacant, totally renovated, new kitchen, new floors. 5. 2nd floor, 6 RM, 3 BR, occupied by a long term tenant, can be converted to 4BR 6. 3rd floor, 5 RM, 3 BR, vacant, totally renovated, new kitchen, new floors. 7. Large full basement, vacant, 3 washer/dryer hook up.
Property Details
Price:
$525,000
MLS #:
73518825
Status:
Active Under Contract
Beds:
10
Baths:
3
Type:
Multi Family
Subtype:
3 Family
Neighborhood:
forestpark
Listed Date:
May 14, 2026
Finished Sq Ft:
4,548
Total Sq Ft:
4,548
Lot Size:
6,237 sqft / 0.14 acres (approx)
Year Built:
1909
Units:
3
Schools
Interior
Above Grade Finished Area
4548
Bathrooms
3 Full Bathrooms
Flooring
Tile, Vinyl, Hardwood
Levels
3
Exterior
Community Features
Public Transportation, Shopping, Park, Laundromat, Highway Access, House of Worship, Public School, Sidewalks
Construction Materials
Frame
Exterior Features
Balcony
Fencing
Fenced/Enclosed, Fenced
Lot Features
Level
Open Parking Spaces
6
Open Parking YN
1
Parking Features
Paved Drive, Off Street, Paved
Parking Spots
6
Parking Total
6
Patio And Porch Features
Porch, Deck
Roof
Shingle
Stories
3
Window Features
Insulated Windows
Financial
Tax Year
2026
Taxes
$7,017
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…
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Map
Current real estate data for Multi Family in Springfield as of Jun 09, 2026
124
Multi Family Listed
112
Avg DOM
151
Avg $ / SqFt
$480,992
Avg List Price
Community
- Address16-18 Alderman St. Springfield MA
- CitySpringfield
- CountyHampden
- Zip Code01108
Subdivisions in Springfield
Similar Listings Nearby
Property Summary
- 16-18 Alderman St. Springfield MA is a Multi Family for sale in Springfield, MA, 01108. It is listed for $525,000 To schedule a showing of MLS#73518825 at 16-18 Alderman St. in Springfield, MA, contact your Pegasus Realty LLC agent at 781-858-3505.
Courtesy of www.HomeZu.com. 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.
16-18 Alderman St.
Springfield, MA