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    108 Alden St Springfield, MA 01109

    For Sale
    $289,900

    Multifamily property near Springfield College, suitable for college housing.

    Lot size:
    0.16 Acres

    Property Features for 108 Alden St

    General Information

    Lot size
    0.16 Acres

    Building Details

    Year built
    1909

    Source: DiFranco Realty Agent Mark DiFranco

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Springfield Multifamily Property Near College

    The property at 108 Alden Street in Springfield, MA, has served as valuable college housing for the past 15 years, particularly for students attending Springfield College, due to its adjacency to the campus. The property has been modernized and features ample parking in the rear. The owner is selling to complete a 1031 Exchange and is willing to consider aggressive pricing and terms for a quick closing. The discounted price reflects the need to reintegrate the second-floor kitchen to restore the property to its highest and best use as a two-family home.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Springfield
    County
    Hampden
    State
    Massachusetts
    Longitude
    -72.5631482
    Latitude
    42.102201

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    FAQs

    What type of property is this?
    Duplex - Multifamily property near Springfield College, suitable for college housing.
    Where is this duplex located?
    The property is located at 108 Alden St Springfield, MA.
    What is the asking price?
    The asking price for this property is $289,900.
    What are key features of this property?
    This property features: - Discounted price due to kitchen reintegration needed.; - Adjacent to Springfield College campus.; - Historically used as valuable college housing.
    (413) 531-5956
    Request Owner's contact information
    108 Alden St Springfield, MA 01109
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    Springfield, MA 01109
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    108 Alden St Springfield, MA 01109
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