$389,000

132 Alderman St, Springfield, MA 01108

  • 9 beds |
  • 3 baths |
  • 3,433 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1911
  • Property Lot Size Icon4,356sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $113/sqft
  • Property List Date Icon Listed 21 days ago

Property Description

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!

Listing Status:
Active
Date Added:
July 8, 2025 at 05:00AM
Listing Office:
eRealty Advisors, Inc. : 617-729-2618
Listing Agent:
Isadora Sarto : 413-372-3128
MLS ID:
73401130
  • General: Ceiling Fan(s)PantryLead Certification AvailableWalk-In Closet(s)Bathroom With Tub & ShowerStorageLiving RoomDining RoomKitchenLiving RM/Dining RM Combo
  • Appliances: RangeRefrigeratorMicrowave
  • Laundry: Washer HookupDryer Hookup
  • Basement: Full
  • Flooring: WoodVinylLaminateHardwood
  • A/C: Window Unit(s)
  • Heating: Natural GasForced Air
  • Fireplace: GasFireplaceFireplaces: 0

This listing courtesy of Isadora Sarto, eRealty Advisors, Inc.

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

W

White Street

300 White St, Springfield, MA, 01108

Grades KG-5

0.12 miles away

F

Forest Park Middle School

46 Oakland St, Springfield, MA, 01108

Grades 6-8

0.50 miles away

L

Liberty Preparatory Academy

37 Alderman St, Springfield, MA, 01108

Grades 10-12

0.19 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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