Off Market

132 Alderman St, Springfield, MA

Springfield · MA 01108

$389,000
Price
9
Beds
3
Baths
3433
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1911
Units: 3 Units
Lot size: 4,369 Sq.Ft Lot
Price per square foot: $113 / Sq.Ft
Parking: 3 Off Street Spaces

About this home

Turnkey 2-Family w/3rd-Floor Suite, Strong Investment Opportunity! Well-maintained two-family, 3-unit investment property. Recent updates include newer vinyl siding, energy-efficient vinyl windows, updated HVAC furnaces, newer hot water heater, remodeled bath & upgraded kitchens w/newer appliances. 2 of the 3 units are currently occupied. Investors have multiple options to maximize returns. Consider renting by the room for higher profitability or converting the empty unit into a short-term or mid-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 or looking for a strong income-producing property, this is an opportunity you don't want to miss! Vacant 2nd floor apt. 3 bed 1bath!

Neighborhood & Transit

132 Alderman St, Springfield · MA 01108

Nearby transit

Within 0.5 mile, measured straight-line to the nearest station entrance.

No subway or commuter rail stations within 0.5 mile.

Price Insight

Days on Market:
483 days
Listing Price:
$389,000
Price per Sq.Ft:
$113
Tax Assessment:
$329,700 in 2024
Taxes:
$441 / Monthly

Home Facts

Interior Features

Bedrooms
9
Full Bathrooms
3
Half Bathrooms
0
Living Area
3,433 Sq.Ft
Broker Disclosure about Living Area
Approx.
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
3433
Flooring
Unknown
Lead paint
Certified Treated, Unknown

Utilities

Heating Type
Unknown
Heating Zone
Unknown
Cooling
Unknown
Cooling Zones
Unknown
Water
Unknown
Sewer
Unknown
Electric Features
Circuit Breakers, 100 Amps

Exterior Features

Lot Size
4,369 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
3 Parking Spaces

Construction Details

Construction Type
Unknown
Siding
Vinyl
Roof
Unknown

Green Features

Electric Vehicle Charger
Unknown
Solar Panels
Unknown
Green Certified
Unknown
Insulation Features
Unknown
Energy Features
Unknown

Listing information

Listing agent
Isadora Sarto
Listing office
eRealty Advisors, Inc.
MLS PIN #
73401130
Disclosure
Seller is a licensed Agent/Broker. Seller has never lived in the home. PLEASE DO NOT DISTURB TENANTS. 2nd floor and basement can be shown day of, 24-48 hour notice for 1 and 3rd floor.
Disclosure
Approx.