Investment Analysis — 97 Alderman St

Springfield, MA 01118

Based on rent reported on the MLS listing, a 4-unit multi-family in 01118 carries $6,035/mo in gross rent — about a 7.47% cap rate and $46,307/yr in estimated NOI at the $620,000 list price. Adjust every assumption in the calculator below.

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Beds

Baths

SqFt

5,000

Style

4 Family - 4 Units Up/Down

Built

1922

Presenting 97 Alderman St, Springfield, MA, a distinguished multi-family property offering an expansive 5000 square feet of meticulously maintained living space. Fully renovated since 2022! This property has been thoughtfully updated throughout. This inviting home, in ready-to-move-in condition, represents a compelling opportunity for discerning buyers seeking a residence of enduring quality and character. The culinary spaces within this property feature kitchens appointed with elegant stone counters, providing both aesthetic appeal and practical durability for daily living and entertaining. The property encompasses a total of six bedrooms and four full bathrooms, distributed across two stories, offering versatile living arrangements. The traditional exterior architectural style contributes to its timeless appeal. Additionally, the presence of a basement provides valuable supplementary space, while solar panels enhance the property's efficiency and sustainability. We invite you to explore the potential of this exceptional residence.

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.