16-18 Alderman St. Springfield, MA ^$ 525,000

16-18 Alderman St.

^$ 525,000

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16-18 Alderman St.

Springfield, MA, 01108

^$ 525,000

Bedrooms10 Baths3.0 Sq 4,548

Monthly Estimate*

^$ 3,233

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Multi-Family Home for sale in Springfield, MA

for $525,000 with 10 bedrooms and 3 full baths. This 4,548 square foot home was built in 1909 on a lot size of 0.14.

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.

Multi-Family Active

Price

^$ 525,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 7,017

Style

3 Family

Lot Size

0.14

Year Built

1909

Town/City

Springfield

County/Region

Hampden

MLS | Web ID

73518825

List By

Jason Saphire

Listing Agent

Www.Homezu.Com

Broker

Affordability Calculator

$3,817

Per Month

Monthly Principal & Interest: $3,233
Monthly Property Taxes: $585
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Trends

Multi-family listings in Springfield, MA

Average List Price ^$575,526

Percent of Sale Price 10%

About Springfield, MA

153,186 Population

1% Since 2002

^$36,513 Median Income

34.72 Median Age

31% Households with Children

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Trends Information provided by ATTOM Data Solutions.

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Pricing History

Date	Price	Price Change	Description
5/14/2026	$525,000		Listed Price

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16-18 Alderman St., Springfield, MA, 01108 is a Multi-Family Home for sale at $525,000 with 4,548 sqft and a lot size of 0.14. 16-18 Alderman St. has 10 bedrooms, 3.0 baths, and was built in 1909. The property's zip code is 01108 which is in Springfield, MA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Data is updated as of 5/14/2026.

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The property listing data and information, or the Images, 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, and the Images, 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, or as to the accuracy of any of the Images, set forth herein.

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16-18 Alderman St.

Multi-Family Home for sale in Springfield, MA

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