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16-18 Alderman St., Springfield MA 01108

Springfield, MA 01108 • Forest Park
$525,000
Est. $3,439/month
10
Beds
3
Baths
4,548
Sq Ft
$115
Price/Sq Ft
0.14
Acres
1909
Year Built
3 hours 53 minutes
Time on Market
Active Listed May 14, 2026 • MLS# 73518825 Copied!

About this home

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.

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Property Overview

Property Type
3 Family
Listing Type
For Sale
Year Built
1909
Bedrooms
10
Full Bathrooms
3
Living Area
4,548 sq ft
Total Rooms
17
Stories
3
Levels
3

Facts & Features

Home Facts

Type Residential Income
Style 3 Family
Year Built 1909
Living Area 4,548 sq ft
Lot Size 0.14 acres
Bedrooms 10
Full Baths 3
Total Rooms 17

Interior

Heating None
Cooling None
Flooring Tile, Vinyl, Hardwood
Appliances None
Fireplace None
Basement Full, Walk-out Access, Interior Entry, Concrete, Unfinished
Laundry None
Features None

Exterior

Construction Frame
Architecture None
Roof Shingle
Features Balcony
Pool None
Spa None
Fencing Fenced/enclosed, Fenced
Patio/Porch Porch, Deck

Parking

Features Paved Drive, Off Street, Paved
Total Spaces 6

Utilities

Electric 110 Volts
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range

Financial

Annual Tax $7,017
Assessed Value $453,900

Interior Features

Flooring: Tile, Vinyl, Hardwood
Appliances:
Interior Features:
Windows: Insulated Windows
Basement: Full, Walk-Out Access, Interior Entry, Concrete, Unfinished
Laundry:
Security:

Construction & Materials

Year Built: 1909
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Brick/Mortar
Stories: 3

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water: Natural Gas
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Balcony
Patio & Porch: Porch, Deck
Fencing: Fenced/Enclosed, Fenced
Other Structures:
Lot Features: Level
Road Surface: Paved

Parking & Garage

Total Parking Spaces: 6
Parking Features: Paved Drive, Off Street, Paved

Location

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Neighborhood

Forest Park

16-18 Alderman St., Springfield MA 01108

Springfield, MA 01108

Walkability

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Nearby Schools

School District
Springfield School District local
D
🎓 Where Graduates Go Class of 2021
36% attend college
20% 4-Year 16% 2-Year 3% Out of State 3% Working
School Safety 2024-25
5.9% Above Average
5.1% Suspensions 1.4% In-School 0.8% Emergency
0.4% above state avg
E

Elementary Schools

10 schools
B+
Veritas Preparatory Charter School
0.9 mi | #10 of 25 | Score: 34.4
Improved 341 spots from last year
-23.8 below state avg
712 students Moderate
Early College Program Rising School
Grades 05-12
St. Michael's Academy
1.1 mi
Grades PK-08
Your Educational Success Academy
1.5 mi
Grades K-12
D
The Springfield Virtual School
1.7 mi | #330 of 346 | Score: 26.8
Improved 7 spots from last year
-31.4 below state avg
250 students Moderate
College Ready Curriculum
Grades PK-12
Pioneer Valley Christian Academy
2.5 mi
Grades PK-12
A
Alfred G. Zanetti Montessori Magnet School
2.7 mi | #3 of 16 | Score: 47.5
Improved 137 spots from last year
-10.7 below state avg
432 students Diverse
Rising School
Grades PK-08
Pioneer Valley Montessori School
3.4 mi
Grades PK-06
A+
Springfield Preparatory Charter School
3.5 mi | #2 of 16 | Score: 48.6
Improved 94 spots from last year
-9.7 below state avg
486 students Moderate
Rising School
Grades K-08
Academy Hill School
3.5 mi
Grades PK-08
Mill Pond School
3.7 mi
Grades PK-12
M

Middle Schools

10 schools
C
John J. Duggan Middle School
2.5 mi | #266 of 346 | Score: 44.7
Improved 20 spots from last year
-13.5 below state avg
823 students Diverse
High Graduation Rate Rising School College Ready Curriculum
Grades 06-12
F
Forest Park Middle School
0.3 mi | #343 of 352 | Score: 25.3
Improved 16 spots from last year
-32.9 below state avg
282 students Diverse
Grades 06-08
Springfield Commonwealth Academy
1.1 mi
Grades 06-08
F
South End Middle School
1.4 mi | #350 of 352 | Score: 23.5
Improved 12 spots from last year
-34.7 below state avg
163 students Moderate
Grades 06-08
C+
STEM Middle Academy
2.2 mi | #12 of 16 | Score: 26.4
Improved 298 spots from last year
-31.8 below state avg
269 students Diverse
Rising School
Grades 06-08
F
Kiley Prep
3.1 mi | #351 of 352 | Score: 22.0
Improved 9 spots from last year
-36.2 below state avg
298 students Diverse
Grades 06-08
C-
Kiley Academy
3.1 mi | #15 of 16 | Score: 21.9
Improved 340 spots from last year
-36.3 below state avg
268 students Diverse
Rising School
Grades 06-08
C
Van Sickle Prep School
3.1 mi | #13 of 16 | Score: 23.5
Improved 332 spots from last year
-34.7 below state avg
206 students Moderate
Rising School
Grades 06-08
B-
Van Sickle Academy
3.1 mi | #10 of 16 | Score: 28.3
Improved 340 spots from last year
-29.9 below state avg
262 students Moderate
Rising School
Grades 06-08
Springfield Middle School
3.2 mi
18 students Less Diverse
Grades 06-08
H

High Schools

10 schools
C
Emergence Academy
1.5 mi | #21 of 25 | Score: 25.5
Improved 356 spots from last year
-32.7 below state avg
382 students Diverse
Rising School Diverse Student Body
Grades 06-12
C-
Conservatory of the Arts
1.6 mi | #303 of 346 | Score: 37.5
Improved 2 spots from last year
-20.7 below state avg
296 students Moderate
College Ready Curriculum
Grades 06-12
C-
Libertas Academy Charter School
1.9 mi | #292 of 346 | Score: 40.6
Improved 52 spots from last year
-17.7 below state avg
563 students Moderate
7 sports • 134 athletes
Rising School Strong Attendance
Grades 06-12
C
The Springfield Renaissance School an Expeditionary Learning School
3.1 mi | #274 of 346 | Score: 44.0
Improved 7 spots from last year
-14.3 below state avg
593 students Diverse
High Graduation Rate College Ready Curriculum
Grades 06-12
C-
Baystate Academy Charter Public School
3.3 mi | #314 of 346 | Score: 34.8
Improved 29 spots from last year
-23.5 below state avg
388 students Moderate
Rising School College Ready Curriculum
Grades 06-12
Pope Francis Preparatory School
1.2 mi
18 sports • 1,124 athletes
Strong Athletics
Grades 09-12
C-
High School of Commerce
1.5 mi | #286 of 346 | Score: 42.2
Improved 16 spots from last year
-16 below state avg
966 students Moderate
11 sports • 554 athletes
Early College Program College Ready Curriculum
Grades 09-12
F
Phoenix Academy Public Charter High School, Springfield
1.8 mi | #340 of 346 | Score: 20.6
Improved 8 spots from last year
-37.6 below state avg
158 students Moderate
College Ready Curriculum
Grades 09-12
B+
Gateway to College at Springfield Technical Community College
1.8 mi | #123 of 346 | Score: 74.4
Same rank as last year
25 students Moderate
College Ready Curriculum
Grades 09-12
F
Springfield International Academy at Sci-Tech
2.1 mi | #338 of 346 | Score: 21.5
Dropped 38 spots from last year
-36.7 below state avg
95 students Diverse
Career Tech Programs College Ready Curriculum
Grades 09-12
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $585
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

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Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Property Timeline

🏠
Listed for Sale
May 14, 2026
$525,000
Original listing
Agent: Jason Saphire Office: www.HomeZu.com

Price & Status History

Date Event Price Change
May 14, 2026 New Listing Added $525,000

Market Statistics

Time on Market
3 hours 53 minutes
Price per Sq Ft
$115

Tax History

Year Taxes Assessment
2026 $7,017 $453,900

Financial Details

Annual Property Tax
$7,017
Tax Year 2026
Assessed Value
$453,900

Listing Information

Listing Agent Jason Saphire
Listing Office www.HomeZu.com
Agent MLS ID CN236778
Office MLS ID AN7148
Listing Data Updated May 14, 2026 9:07 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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