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.
Convenient Forest Park location for this sided 3-family. There is 4128 square feet of living space with 8 bedrooms and three baths. Large yard with parking for 6 cars. Units have hardwoods and vinyl flooring. Currently priced well under assessed value. Very good income potential. Sold "AS IS, WHERE IS". One unit is already rented.
MLS PIN #70134260
Mar 18, 2005
Sold
$212,500
$47/sq ft
Jan 13, 2005
Listed
$225,000
$49/sq ft
money making cash cow. all units deleaded. Maintenance free exterior. Completely updated throughout with new fixtures and freshly painted. 1st and 3rd floor currently vacant but seller will obtain leases if desired. 1st and 2nd floor could be 4 brs each.
MLS PIN #30579819
Apr 9, 2002
Sold
$50,000
$11/sq ft
Feb 13, 2002
Listed
$49,900
$11/sq ft
MLS PIN #30369375
Dec 21, 1999
Sold
$44,500
$10/sq ft
Nov 15, 1999
Listed
$47,500
$10/sq ft
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
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Year renovated
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Sq. Ft.
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Year built
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Style
Multi-Family (2-4 Unit)
County
Hampden County
APN
2570541
Parking Spaces
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Last updated by owner on Jul 25, 2025.
RES B
Urban Residential District
Medium density residential, primarily single-family and twofamily
Directions: From the intersection of Sumner and Dickinson St north bound on Dickinson, 0.2 miles turn right.
UnparsedAddress: 16-18 Alderman St., Springfield MA 01108
Community Information
Senior CommunityYN: No
Community Features: Public Transportation, Shopping, Park, Laundromat, Highway Access, House of Worship, Public School, Sidewalks
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Multi-Family (2-4 Unit)
Year Built: —
Year Renovated: —
County: Hampden County
APN: 2570541
Home facts updated by county records on Jul 24, 2025
Other
Miscellaneous Information
Heat Zones: 0
Listing Information
StandardStatus: Closed
Around this home
Schools
White Street School
Public PreK-5 • Assigned • 0.3mi
7/10
Forest Park Middle School
Public 6-8 • Assigned • 0.3mi
3/10
Springfield High School
Public 9-12 • Assigned • 0.0mi
Provided by GreatSchools
Historical weather
Springfield, MA • 01108
Average low and high temperatures (°F)
32
18
35
19
52
32
62
41
70
51
82
61
87
67
82
59
76
56
66
44
52
35
37
22
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
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Dec
Sun exposure
86/ 100
Very good sunlight
Sunscore
This home ranks in the top 30% for direct sun exposure in the zip code. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.8 hrs
4.9 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$505,000 – $611,000
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