97 Alderman St, Springfield MA 01118

Springfield, MA 01118
$620,000
Est. $4,063/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
4
Baths
5,000
Sq Ft
$124
Price/Sq Ft
0.11
Acres
1922
Year Built
12 hours 42 minutes
Time on Market
For Sale Listed Oct 5, 2026 • MLS# 73586620 Copied! • Updated Oct 5, 2026

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About this home

Presenting 97 Alderman St, Springfield, MA, a distinguished multi-family property offering an expansive 5000 square feet of meticulously maintained living space. Fully renovated since 2022! This property has been thoughtfully updated throughout. This inviting home, in ready-to-move-in condition, represents a compelling opportunity for discerning buyers seeking a residence of enduring quality and character. The culinary spaces within this property feature kitchens appointed with elegant stone counters, providing both aesthetic appeal and practical durability for daily living and entertaining. The property encompasses a total of six bedrooms and four full bathrooms, distributed across two stories, offering versatile living arrangements. The traditional exterior architectural style contributes to its timeless appeal. Additionally, the presence of a basement provides valuable supplementary space, while solar panels enhance the property's efficiency and sustainability. We invite you to explore the potential of this exceptional residence.

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Property History

Property Timeline

🏠
Listed for Sale
Oct 5, 2026
$620,000
Original listing
Office: Lamacchia Realty, Inc.

Tax History

Year Taxes Assessment
2026 $8,732 $564,000

Financial Details

Annual Property Tax
$8,732
Tax Year 2026
Assessed Value
$564,000

Facts & Features

Home Facts

Type Residential Income
Style 4 Family - 4 Units Up/Down
Year Built 1922
Living Area 5,000 sq ft
Lot Size 0.11 acres
Stories 4
Bedrooms 6
Full Baths 4
Total Rooms 18

Investment Metrics

Units 4
Unit 1 Rent $1,500/mo · Y
Unit 2 Rent $1,500/mo · Y
Unit 3 Rent $1,500/mo · Y
Unit 4 Rent $1,535/mo · Y
Total Monthly Rent $6,035/mo
Gross Income $72,420
Net Operating Income $72,420
Cap Rate 11.68%
Heating Forced Air
Cooling None
Flooring None
Appliances Washer, Dryer, Range, Microwave, Refrigerator
Fireplace None
Basement Unfinished
Laundry None
Features Laundry Room, Kitchen, Living Rm/dining Rm Combo
Construction None
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Features None
Electric Individually Metered
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $8,732
Assessed Value $564,000
Fee Includes None
Amenities None
Optional Fee Includes None
Lead Paint Certified Treated
Seller Disclosures Solar Panels Through A Third Party Company
Possession None
Accepted Financing None
Structure Type []
Sq Ft Source Public Record
Sq Ft Disclosures Completed renovated from foundation up in 2022
Documents None
County Hampden

Property Overview

Property Type
4 Family - 4 Units Up/Down
Listing Type
For Sale
Year Built
1922
Bedrooms
6
Full Bathrooms
4
Living Area
5,000 sq ft
Total Rooms
18
Stories
4
Levels
4

Floor Layout

Interior Features

Flooring:
Appliances: Washer, Dryer, Range, Microwave, Refrigerator
Interior Features: Laundry Room, Kitchen, Living RM/Dining RM Combo
Windows:
Basement: Unfinished
Laundry:
Security:

Construction & Materials

Year Built: 1922
Structure Type:
Exterior Materials:
Roof:
Foundation: Concrete Perimeter
Stories: 4

Heating, Cooling & Utilities

Heating: Forced Air
Cooling:
Hot Water: Electric
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features: Level
Road Surface:

Parking & Garage

Parking Features:

Nearby Schools

School information not available for this location.

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $728
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

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

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

97 Alderman St, Springfield MA 01118

Springfield, MA 01118

Listing Information

Listing Agent Victor Mauricio
Listing Office Lamacchia Realty, Inc.
Office Phone 978-388-0880
Agent MLS ID CN262718
Office MLS ID AN8751
Listing Data Updated Oct 5, 2026 12:08 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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