746-748 Alden St, Springfield MA 01109
Springfield, MA 01109
$349,900
$310,000
Est. $2,052/month
About this home
Perfect for investors OR owner occupants!!! Quaint and full of charm, this well-maintained 2-family property offers beautiful water views of the South Branch Mill River and a prime location just minutes from Western New England University and Springfield College. Each unit features 2 bedrooms and 1 bathroom, providing comfortable and functional living spaces. Set on a slab with a small, easy-to-maintain yard and newer heating systems, this is a true low-maintenance investment. Both units are currently occupied by great tenants on month-to-month agreements, offering immediate income with added flexibility for future plans. Whether you’re looking to expand your portfolio or secure a smart investment in a highly desirable and convenient location, this property checks all the boxes. Don’t miss your opportunity to own a turnkey 2-family with water views and strong income potential!
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Recently Sold Nearby
Property History
Market Insights
3
Price Changes
11.4%
Price Range
Property Timeline
Pending Sale
Aug 3, 2026
Offer accepted, sale pending
Price Reduced
Jul 8, 2026
$310,000
$9,900
(-3.09%)
From $319,900 to $310,000 (-3.1%)
Price Reduced
Jun 21, 2026
$319,900
$10,000
(-3.03%)
From $329,900 to $319,900 (-3.0%)
Price Reduced
May 28, 2026
$329,900
$20,000
(-5.72%)
From $349,900 to $329,900 (-5.7%)
Listed for Sale
May 5, 2026
$349,900
Original listing
Agent: We Close Deals Team
Office: Lamacchia Realty, Inc.
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 08/03/2026 | ⏳ Pending Sale | - | - | - | Offer accepted, sale pending |
| 07/08/2026 | ↓ Price Reduced | $310,000 | $9,900 | - | From $319,900 to $310,000 (-3.1%) |
| 06/21/2026 | ↓ Price Reduced | $319,900 | $10,000 | - | From $329,900 to $319,900 (-3.0%) |
| 05/28/2026 | ↓ Price Reduced | $329,900 | $20,000 | - | From $349,900 to $329,900 (-5.7%) |
| 05/05/2026 | 🏠 Listed for Sale | $349,900 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2025 | $3,410 | $217,500 |
Financial Details
Annual Property Tax
$3,410
Tax Year 2025
Assessed Value
$217,500
Facts & Features
Home Facts
Type
Residential Income
Style
Multi Family
Year Built
1966
Living Area
1,820 sq ft
Lot Size
0.17 acres
Bedrooms
4
Full Baths
2
Total Rooms
8
Investment Metrics
Units
2
Unit 1 Rent
$1,475/mo · N
Unit 2 Rent
$1,450/mo · N
Total Monthly Rent
$2,925/mo
Gross Income
$35,100
Net Operating Income
$35,100
Cap Rate
11.32%
Interior
Heating
Natural Gas
Cooling
None
Flooring
None
Appliances
Range, Refrigerator, Washer, Dryer
Fireplace
None
Basement
None
Laundry
None
Features
Living Room, Kitchen
Exterior
Construction
None
Architecture
None
Roof
None
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
None
Parking
Features
Paved Drive, Paved
Total Spaces
4
Utilities
Electric
None
Water
Public
Sewer
Public Sewer
Gas
None
Other
None
Financial
Annual Tax
$3,410
Assessed Value
$217,500
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Seller Disclosures
Both Tenants Month To Month. Units Can Be Delivered Vacant If Necessary But Tenants Prefer To Stay. Shared Drive Way. Agent Is Part Owner. No Flood Insruance Necessary.
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
House Color
Yellow
Sq Ft Source
Public Record
Documents
None
County
Hampden
Total market time (incl. prior listings)
90 days
Property Overview
Property Type
Multi Family
Listing Type
For Sale
Year Built
1966
Bedrooms
4
Full Bathrooms
2
Living Area
1,820 sq ft
Total Rooms
8
Stories
2
Levels
2
Floor Layout
Interactive room guide
Floor Layout
Finished Area
1,820 sq ft above grade
Display Options
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Appliances:
Range, Refrigerator, Washer, Dryer
Interior Features:
Living Room, Kitchen
Windows:
Basement:
Laundry:
Security:
Construction & Materials
Year Built:
1966
Structure Type:
Exterior Materials:
Roof:
Foundation:
Slab
Stories:
2
Heating, Cooling & Utilities
Heating:
Natural Gas
Cooling:
Hot Water:
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Gentle Sloping
Road Surface:
Parking & Garage
Total Parking Spaces:
4
Parking Features:
Paved Drive, Paved
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
Elementary Schools
10 schools
D
The Springfield Virtual School
0.7 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
St. Michael's Academy
1.0 mi
Grades PK-08
Pioneer Valley Christian Academy
1.5 mi
Grades PK-12
B+
Veritas Preparatory Charter School
1.9 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
Your Educational Success Academy
1.9 mi
Grades K-12
A+
Springfield Preparatory Charter School
2.0 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
Pioneer Valley Montessori School
2.4 mi
Grades PK-06
A
Alfred G. Zanetti Montessori Magnet School
2.4 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
Mill Pond School
2.5 mi
Grades PK-12
Grace Academy
2.6 mi
Grades K-12
Middle Schools
10 schools
C
John J. Duggan Middle School
1.0 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
C+
STEM Middle Academy
0.8 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
Springfield Commonwealth Academy
1.8 mi
Grades 06-08
F
Forest Park Middle School
1.9 mi
|
#343 of 352
|
Score: 25.3
Improved 16 spots from last year
-32.9 below state avg
282 students
Diverse
Grades 06-08
F
South End Middle School
2.2 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
Van Sickle Prep School
2.3 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
2.3 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
F
Kiley Prep
2.3 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
2.3 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
Springfield Middle School
3.3 mi
18 students
Less Diverse
Grades 06-08
High Schools
10 schools
C
Emergence Academy
1.7 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-
Baystate Academy Charter Public School
1.8 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
C-
Conservatory of the Arts
1.9 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
The Springfield Renaissance School an Expeditionary Learning School
2.3 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-
Libertas Academy Charter School
2.4 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
F
Springfield International Academy at Sci-Tech
0.7 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
C-
Springfield High School of Science and Technology
0.7 mi
|
#306 of 346
|
Score: 37.1
Improved 4 spots from last year
-21.1 below state avg
1,091 students
Moderate
13 sports
• 870 athletes
Career Tech Programs
College Ready Curriculum
Grades 09-12
Pope Francis Preparatory School
0.7 mi
18 sports
• 1,124 athletes
Strong Athletics
Grades 09-12
A
Roger L. Putnam Vocational Technical Academy
0.8 mi
|
#6 of 25
|
Score: 48.8
Improved 257 spots from last year
-9.4 below state avg
1,382 students
Moderate
High Graduation Rate
Rising School
Career Tech Programs
College Ready Curriculum
Grades 09-12
C
Springfield Central High School
1.5 mi
|
#262 of 346
|
Score: 45.2
Improved 37 spots from last year
-13 below state avg
1,983 students
Diverse
17 sports
• 1,176 athletes
High Graduation Rate
Rising School
College Ready Curriculum
Strong Athletics
Grades 09-12
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Year 15
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Location
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Neighborhood
746-748 Alden St, Springfield MA 01109
Springfield, MA 01109
Listing Information
Listing Agent
We Close Deals Team
Listing Office
Lamacchia Realty, Inc.
Office Phone
508-832-5324
Agent MLS ID
TM358936
Office MLS ID
AN8507
Listing Data Updated
Aug 3, 2026 6:48 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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