132 Alderman St new

Springfield,MA 01108

$ 389000

9 Beds

3 Baths

3433 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,433 sqft

Price per Sqft $113

MLS Listing ID 73335847

Bedrooms 9

Full Baths 3

Year Built 1911

Annual Tax Amount $5,295

Tax Year 2024

Lot Size 4,356 Sqft

Acres 0.1

Property Sub-Type Multi Family

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, 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!

Location

State MA

County Hampden

Zoning R2

Direction Sumner to the X to Alderman on your left

Rooms

Basement Full

Interior

Interior Features Ceiling Fan(s),Pantry,Lead Certification Available,Walk-In Closet(s),Bathroom With Tub & Shower,Storage,Living Room,Dining Room,Kitchen,Living RM/Dining RM Combo

Heating Natural Gas,Forced Air

Cooling Window Unit(s)

Flooring Wood,Vinyl,Laminate,Hardwood

Fireplaces Type Gas

Appliance Range,Refrigerator,Microwave

Laundry Washer Hookup,Dryer Hookup

Exterior

Exterior Feature Balcony/Deck,Balcony

Community Features Public Transportation,Shopping,Pool,Tennis Court(s),Park,Walk/Jog Trails,Golf,Medical Facility,Laundromat,Bike Path,Highway Access,House of Worship,Private School,Public School

Utilities Available for Gas Range,for Electric Range,Washer Hookup

Roof Type Shingle

Total Parking Spaces 3

Garage No

Building

Lot Description Corner Lot

Story 6

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

Others

Senior Community false

Acceptable Financing Lease Option,Other (See Remarks)

Listing Terms Lease Option,Other (See Remarks)

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