62-64 Alderman Street, Springfield MA 01108

Springfield, MA 01108
$389,999
Est. $2,599/month
Estimate assumptions

20% down, a 30-year loan at 6.5%, and $200/month estimated insurance.

Includes the supplied property-tax and HOA inputs; missing inputs contribute $0. HOA fees with an unspecified frequency are treated as monthly. PMI and closing costs are excluded.

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6
Beds
2
Baths
2,799
Sq Ft
$139
Price/Sq Ft
0.11
Acres
1906
Year Built
1
Garage Space
12 hours 2 minutes
Time on Market
For Sale Listed Sep 14, 2026 • MLS# 73576776 Copied! • Updated Sep 14, 2026

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About this home

WOW! UPDATED VACANT FIRST FLOOR UNIT!! Here you have a strong two-family opportunity in Springfield, with each unit featuring 3 bedrooms and 1 full bathroom. The property is ideally situated directly across from the community garden, adding a unique neighborhood amenity and a pleasant outdoor setting just steps from home. PANTRY OFF THE KITCHEN FOR ADDED STORAGE!! Both spacious units offer flexibility for owner-occupants, multi-generational living, or investors looking to add a well-located property to their portfolio. REFINISHED WOOD FLOORS ARE SHINING! Laundry hookups for both units in basement! Conveniently located near shopping, dining, parks, public transportation, and major commuter routes, this property combines practical living with excellent accessibility. Small garage in rear to stay for new owner! Most capital expense items in great shape! Whether you're looking to live in one unit and rent the other or expand your investment holdings, this property offers plenty of potential. Reach out today to schedule a private tour and see what 62-64 Alderman St has to offer! Considering buying, selling, investing or renting? Feel free t

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Property History

Property Timeline

🏠
Listed for Sale
Sep 14, 2026
$389,999
Original listing
Agent: Alessio Calabrese Office: Lock and Key Realty Inc.

Tax History

Year Taxes Assessment
2026 $5,125 $328,100

Financial Details

Annual Property Tax
$5,125
Tax Year 2026
Assessed Value
$328,100

Facts & Features

1 Car Garage

Home Facts

Type Residential Income
Style 2 Family - 2 Units Up/Down
Year Built 1906
Living Area 2,799 sq ft
Lot Size 0.11 acres
Stories 3
Bedrooms 6
Full Baths 2
Total Rooms 13

Investment Metrics

Units 2
Unit 1 Rent — · N
Unit 2 Rent $1,500/mo · N
Total Monthly Rent $1,500/mo
Gross Income $18,000
Net Operating Income $18,000
Cap Rate 4.62%
Heating None
Cooling None
Flooring Hardwood
Appliances Refrigerator
Fireplace None
Basement Concrete, Unfinished
Laundry None
Features Living Room
Construction None
Architecture None
Roof Shingle
Features None
Pool None
Spa None
Fencing Fenced/enclosed
Patio/Porch Porch
Garage Spaces 1
Has Garage Yes
Features Paved Drive, Off Street, Paved
Total Spaces 4
Electric Individually Metered
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $5,125
Assessed Value $328,100
Fee Includes None
Amenities None
Optional Fee Includes None
Lead Paint Certified Treated
Seller Disclosures Seller Has Never Lived In The Property. A Member Of The Selling Entity Is A Licensed Real Estate Sales Person. Some Interior Photos Digitally Staged. Sidewalk Is Being Addressed By City Of Springfield.
Exclusions Any Tenant Personal Items In Upstairs 2nd Floor Unit
Possession None
Accepted Financing None
Structure Type []
House Color White
Sq Ft Source Public Record
Sq Ft Disclosures Per Property Card, see attached to MLS listing
Documents None
County Hampden

Property Overview

Property Type
2 Family - 2 Units Up/Down
Listing Type
For Sale
Year Built
1906
Bedrooms
6
Full Bathrooms
2
Living Area
2,799 sq ft
Total Rooms
13
Stories
3
Levels
3

Floor Layout

Interior Features

Flooring: Hardwood
Appliances: Refrigerator
Interior Features: Living Room
Windows:
Basement: Concrete, Unfinished
Laundry:
Security:

Construction & Materials

Year Built: 1906
Structure Type:
Exterior Materials:
Roof: Shingle
Foundation: Brick/Mortar
Stories: 3

Heating, Cooling & Utilities

Heating:
Heating Zones: 2
Cooling:
Hot Water: Natural Gas
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch: Porch
Fencing: Fenced/Enclosed
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Garage Spaces: 1
Total Parking Spaces: 4
Parking Features: Paved Drive, Off Street, Paved
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

3 schools
D
Kensington International School
0.2 mi | #773 of 825 | Score: 30.9
Dropped 115 spots from last year
-27.3 below state avg
252 students Moderate
Grades PK-05
B-
White Street School
0.2 mi | #477 of 825 | Score: 45.4
Improved 41 spots from last year
-12.9 below state avg
377 students Moderate
Rising School
Grades PK-05
C-
Washington School
0.6 mi | #713 of 825 | Score: 34.7
Improved 19 spots from last year
-23.5 below state avg
424 students Diverse
Grades PK-05
M

Middle Schools

3 schools
F
Forest Park Middle School
0.4 mi | #341 of 352 | Score: 26.3
Improved 18 spots from last year
-31.9 below state avg
460 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: 23.0
Improved 12 spots from last year
-35.2 below state avg
176 students Moderate
Grades 06-08
H

High Schools

3 schools
Pope Francis Preparatory School
1.1 mi
18 sports • 1,124 athletes
Strong Athletics
Grades 09-12
C
High School of Commerce
1.5 mi | #272 of 346 | Score: 45.2
Improved 30 spots from last year
-13 below state avg
835 students Moderate
11 sports • 554 athletes
Early College Program Rising School College Ready Curriculum
Grades 09-12
C
Emergence Academy
1.5 mi | #21 of 25 | Score: 26.2
Improved 356 spots from last year
-32 below state avg
376 students Diverse
Rising School Diverse Student Body
Grades 06-12
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Including down payment
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Down: $0
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $427
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

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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.

Location

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Neighborhood

62-64 Alderman Street, Springfield MA 01108

Springfield, MA 01108

Listing Information

Listing Agent Alessio Calabrese
Listing Office Lock and Key Realty Inc.
Office Phone 413-282-8080
Agent MLS ID CN255744
Office MLS ID AN5521
Listing Data Updated Sep 14, 2026 1:16 PM 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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