132 Alderman St, Springfield MA 01108

Springfield, MA 01108
$368,000
Est. $1,959/month
9
Beds
3
Baths
3,433
Sq Ft
$107
Price/Sq Ft
0.10
Acres
1911
Year Built
Multi Family
Type
80
Days on Market
Active Price Drop -$21,000 Listed Sep 26, 2025 • MLS# 73401130

About this home

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!

Facts & Features

Property Overview

Property Type
Multi Family
Property Category
Residential Income
Year Built
1911
Bedrooms
9
Full Bathrooms
3
Living Area
3,433 sq ft
Total Rooms
16
Stories
3
Levels
3

Interior Features

Flooring
Wood, Vinyl, Laminate, Hardwood
Heating
Natural Gas, Forced Air
Has Heating
Yes
Cooling
Window Unit(s)
Has Cooling
Yes
Fireplace Features
Gas
Has Fireplace
Yes
Appliances
Range, Refrigerator, Microwave
Interior Features
Ceiling Fan(s), Pantry, Lead Certification Available, Walk-In Closet(s), Bathroom With Tub & Shower, Storage, Living Room, Dining Room, Kitchen, Living RM/Dining RM Combo
Laundry Features
Washer Hookup, Dryer Hookup
Basement Details
Full
Window Features
Insulated Windows, Screens
Door Features
Insulated Doors

Exterior & Structure

Construction Materials
Frame
Roof
Shingle
Foundation
Concrete Perimeter
Exterior Features
Balcony/Deck, Balcony
Patio/Porch Features
Porch, Covered
Fencing
Fenced/Enclosed
Has Spa
No
Waterfront Property
No

Lot & Land

Lot Size
0.10 acres
Lot Size
4,369 sq ft
Lot Size Area
0.1000
Lot Features
Corner Lot, Level

Parking & Garage

Has Garage
No
Total Non-Garage Parking Spaces
3
Parking Features
Off Street

Utilities & Systems

Utilities Available
for Gas Range, for Electric Range, Washer Hookup
Water Source
Public
Sewer
Public Sewer
Electric
Circuit Breakers, 100 Amp Service

Community & HOA

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
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$5,295
Tax Year
2024
Tax Assessed Value
$329,700
Parcel Number
2570562
Zoning
R2
Financial Data Source
Owner

Additional Details

Year Built Source
Public Records
Year Built Details
Approximate
Disclosures
Current Open Houses for MLS #73401130132 Alderman St, Springfield, MA01108Saturday, September 13, 20251:30 PM to 3:00 PMSeller is a licensed Agent/Broker. Seller has never lived in the home. PLEASE DO NOT DISTURB TENANTS on the 3rd floor.
Exclusions
Combined Rents Were Recentlytotal $2,900. Some Photos Virtually Staged.

Location

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Neighborhood

132 Alderman St, Springfield MA 01108

Springfield, MA 01108

Walkability

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Schools

School information not available

Monthly Payment Calculator

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Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $441
Homeowners Insurance $200
PMI $0

Property History

Market Insights

1
Price Changes
5.4%
Price Range

Property Timeline

Price Reduced
Sep 13, 2025
$368,000 $21,000 (-5.4%)
From $389,000 to $368,000 (-5.4%)
🏠
Listed for Sale
Jul 8, 2025
$389,000
Original listing
Office: eRealty Advisors, Inc.

Price & Status History

Date Event Price Change
Sep 13, 2025 Price Changed $368,000 -$21,000
Jul 8, 2025 New Listing Added $389,000

Market Statistics

Days on Market
80 days
Price per Sq Ft
$107
Total Price Drop
-$21,000

Tax History

Year Taxes Assessment
2024 $5,295 $329,700

Financial Details

Annual Property Tax
$5,295
Tax Year 2024
Assessed Value
$329,700

Listing Information

Listing Agent Isadora Sarto
Listing Office eRealty Advisors, Inc.
Agent MLS ID CN217129
Office MLS ID AN5370

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