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Home Massachusetts Multi-Family Homes for Sale

16-18 Alderman St. Springfield, MA 01108
Contingent
20
16-18 Alderman St., Springfield, MA 01108
View Map
$525,000
3 Unit
10 Beds
3 Baths
4548 SQFT
0.14 Acre

Property Description

Prime Investment Opportunity – Turn-Key 3-Family with De-Lead Certificates! Well maintained, recently renovated, spacious 4,548 sq. ft of living space, triple-decker with large yard, in Forest Park area. Perfect for investors or owner-occupants looking to live for free. This turn-key "cash cow" features two spacious 3-bedroom units and one 4-bedroom unit—totaling 10 bedrooms. De-lead certificates for the whole house. Separate utilities, including three forced hot air heating systems. Great location, just a few minute walk to “X”. Key Features: 1. Full De-Lead Certificates for all units 2. 3 gas meters and 4 electric meters (include owner meter). 3. Force hot air gas heating for every unit. 4. 1st floor, 6 RM, 4 BR, vacant, totally renovated, new kitchen, new floors. 5. 2nd floor, 6 RM, 3 BR, occupied by a long term tenant, can be converted to 4BR 6. 3rd floor, 5 RM, 3 BR, vacant, totally renovated, new kitchen, new floors. 7. Large full basement, vacant, 3 washer/dryer hook up.
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Property Details tap to expand

Building Information

  • Total Units: 3
  • Total Floors: 3
  • Total Bedrooms: 10
  • Total Full Baths: 3
  • Amenities: Highway Access, House of Worship, Laundromat, Park, Public School, Public Transportation, Shopping
  • Basement Features: Concrete Floor, Full, Interior Access, Unfinished Basement, Walk Out
  • Common Interior Features: Tile Floor

Financial

  • APOD Available: Yes
  • Gross Operating Income: 14400
  • Net Operating Income: 14400

Utilities

  • Electric Info: 110 Volts, On-Site
  • Energy Features: Insulated Windows, Storm Doors
  • Utility Connections: for Gas Range
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Under Lease: No
  • Floors: 3
  • Levels: 1

Construction

  • Year Built: 1909
  • Type: 3 Family
  • Construction Type: Aluminum, Frame
  • Foundation Info: Brick
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Hardwood, Tile, Vinyl
  • Lead Paint: Certified Treated
  • Warranty: No

Other Information

  • MLS ID# 73518825
  • Last Updated: 05/26/26

Property History tap to expand

Date Event Price Price/Sq Ft Source
05/19/2026Contingent$525,000$115MLSPIN
05/18/2026Active$525,000$115MLSPIN
05/14/2026New$525,000$115MLSPIN

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Map

Seller's Representative: Jason Saphire, www.HomeZu.com
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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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.

MLS PIN data last updated at 2026-05-26 15:31:00

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