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132 Alderman St

Springfield, MA 01108

Name: Open House: 2:30pm-4pm
Start: 2025-07-12T14:30:00
End: 2025-07-12T16:00:00
Location: 132 Alderman St

9 beds
3 baths
3,433 sqft
4,369 sqft lot
$113 per sqft
1911 build
– on site

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 courtesy of MLSPIN / Isadora Sarto / eRealty Advisors, Inc.

Last checked: Checking… • Last updated Jul 12, 2025 •

MLS# 73401130 —

Upcoming Open Houses

Saturday, 7/12
2:30pm-4pm

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The Building

Year Built:

1911
Year Built Details:

Approximate
Year Built Source:

Public Records
Construction Materials:

Frame
# of Units Total:

3
Roof:

Shingle
Foundation Details:

Concrete Perimeter
Levels:

3
Stories:

3
Stories Total:

3
Basement:

Full
Exterior Features:

Balcony/Deck
Door Features:

Insulated Doors
Window Features:

Insulated Windows
Patio And Porch Features:

Porch
Building Area Total:

3433
Building Area Units:

Square Feet
Building Area Source:

Public Records

Interior

Interior Features:

Ceiling Fan(s)
Rooms Total:

16
Flooring:

Wood
Fireplace:

true
Fireplace Features:

Gas
Laundry Features:

Washer Hookup

Room Dimensions

Living Area:

3433
Living Area Source:

Public Record

Financial & Terms

Rent Includes:

Unit 1(Water), Gas, Water, Gas, Water

Location

Directions:

Sumner to the X to Alderman on your left
Longitude:

-72.555727
Latitude:

42.089513

The Property

Property Type:

Residential Income
Property Subtype:

Multi Family
Parcel Number:

2570562
Zoning:

R2
Lot Size Units:

Acres
Lot Features:

Corner Lot
Lot Size Area:

0.1
Lot Size SqFt:

4369
Lot Size Acres:

0.1
Fencing:

Fenced/Enclosed
Waterfront:

false
Farm Land Area Units:

Square Feet

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Book Number:

24046
Tax Annual Amount:

5295
Tax Assessed Value:

329700

Beds

Bedrooms Total:

9

Baths

Total Baths:

3
Total Baths:

3
Full Baths:

3

The Listing

Home Warranty:

false

Heating & Cooling

Heating:

Natural Gas
Heating:

true
Cooling:

Window Unit(s)
Cooling:

true

Utilities

Utilities:

for Gas Range
Electric:

Circuit Breakers
Sewer:

Public Sewer
Water Source:

Public

Appliances

Appliances:

Range

The Community

Community Features:

Public Transportation
Spa:

false
Senior Community:

false

Parking

Parking Features:

Off Street
Parking Total:

3
Garage:

false

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Sale history

Date	Event	Source	Price	% Change
7/8/25 Jul 8, 2025	Listed / Active	MLSPIN	$389,000	148.6% (15.2% / YR)
2/17/25 Feb 17, 2025	Listed / Active	MLSPIN
8/21/24 Aug 21, 2024	Price Changed	MLSPIN

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This multifamily located in Forest Park, Springfield, MA 01108 is currently for sale for $389,000. 132 Alderman St is a 3,433 square foot multifamily with 9 beds and 3 baths that has been on Estately for 4 days. 132 Alderman St is in the Forest Park neighborhood of Springfield and has a WalkScore® of 83, making it very walkable. This multifamily is in the attendance area of White Street School, Springfield Central High School, Forest Park Middle School, Roger L. Putnam Vocational Technology Academy, Springfield High School Of Science And Technology, and High School Of Commerce.

Listing Courtesy of: MLSPIN and eRealty Advisors, Inc..

The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc., Estately and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Users may not reproduce or redistribute the data found on this site. The data is for viewing purposes only. All information provided is deemed reliable but is not guaranteed by Estately or MLSPIN and should be independently verified.

132 Alderman St

Springfield, MA 01108