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132 Alderman St, Springfield, MA

Springfield Multi-Family    (login for more details)

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Unit Information

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, new hot water heaters, remodeled baths & upgraded kitchens w/newer appliances. All 3 units are currently occupied w/tenants who are up to date & the rents are solid. Investors have multiple options to maximize returns. Consider renting by the room for higher profitability or converting 1 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. Combined rent $4,900!

Additional Details
Status: ACT
Type: Multi-Family, Multi Family
Zip Code: 01108
Levels: 6
Parking
Parking: Off Street
Parking Spaces: 3
Rooms and Dimensions
Total Units: 3
Total Floors: 6
Total Rooms: 16
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$389,000

  • Listing ID: 73335847
  • Bedrooms: 9
  • Full Baths: 3
  • Living Area: 3,433 sqft Convert
  • Lot Size: 4,369 sqft Convert
  • Acres: 0.1

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Luxury Residential Group

Luxury Residential Group

(617) 233-5800

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Content © 2025 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records. Listing information provided courtesy of Isadora Sarto of eRealty Advisors, Inc.. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.

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