$5,332 Closing Credit¹
#73322133, Theroux and Co Team, Listing Office: Lock and Key Realty Inc.
$389,000 List price
132 Alderman St Springfield, MA 01108
$4,619
Closing credit¹
9 beds
3 full
3,433 sqft
0.10 acres
$113 / sqft
Multi-Family
Property details
About 132 Alderman St
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!
Highlights
Home typeMulti Family
HeatingNatural Gas, Forced Air
StatusActive
CoolingWindow Unit(s)
Size3,433 sqft
BasementYes
Lot size0.1 Acres
Year built1911
ParkingOff Street
MLS #73335847
FireplaceGas
Summary
- MLS Number: 73335847
- MLS Name: MLS Property Information Network
- Office Name: eRealty Advisors, Inc.
- Office Phone: (617) 729-2618
- Listing Agent: Isadora Sarto
Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. 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. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/21/2025, 11:55:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$389,000
132 Alderman St
$4,619
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Aug 06, 2021 | Home Sold | $298,000 |
| Aug 01, 2012 | Home Sold | $55,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $329,700 | $5,295 |
| 2023 | $316,400 | $5,395 |
| 2022 | $229,200 | $4,314 |
| 2021 | $183,500 | $3,468 |
| 2020 | $163,600 | $3,195 |
| 2019 | $168,600 | $3,318 |
History based on county public records data.
Nearby schools
5
White Street
Public District KG-5
0.1 mi
•300 White St
3
Kensington International School
Public District PK-5
0.3 mi
•31 Kensington Ave
4
Washington
Public District PK-5
0.6 mi
•141 Washington St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $16,645. Most Springfield, MA residents have annual incomes less than $<35k. Typical family type is single, no kids. Residents of this area typically have high school diploma education.
How much money do the neighbors make?
85%
<35k
15%
35k-100k
0%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
41%
Single, No Kids
37%
Single, with Kids
9%
Married, No Kids
13%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
25%
<11 yrs old
10%
12-17 yrs old
30%
18-34 yrs old
29%
35-64 yrs old
6%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing- UFC
Figure Skating
Where do the neighbors shop?
Burlington
Family Dollar
Forever 21
Where do the neighbors go to eat?
Popeyes
Burger King
Church's Chicken
What do the neighbors drive?
Dodge
Buick
Cadillac
What do the neighbors listen to?
Urban Contemporary
Jazz
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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This home is located at 132 Alderman St in Springfield, MA and zip code 01108 in the Forest Park neighborhood. This 3,433 square foot home, which was built in 1911, sits on a 0.10 acre lot. Features: 9 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since February 17, 2025 and is currently priced at $389,000.
Over 50 listings were sold over their listed price in January 2025 in Springfield, MA. In the same period over 33 listings were sold below the listed price and 13 listings were sold for the listed price. Between December and January 2025, Springfield, MA real estate market has seen decrease in the number of listings by 4%. The median list price of listings available in January 2025 was $300,724, while the average time on the real estate market was 35 days.
From Rocket Homes Real Estate and based on county public records data.