4-Bedroom Apartment
For Lease
$2,300/Mo
16 Alderman St Unit 1, Springfield, MA 01108
Spacious 4-bedroom, 1-bath unit with bright living areas and abundant natural light.
Property Size4,548 SF
Days on Market28
Property Features for 16 Alderman St Unit 1
General Information
Standard status
Active
Size
4,548 SF
Property subtype
Apartment
Lease Type
/mo
Additional Details
Highway Access
Yes
Building Details
Year Built
1909
Listing Agency:
eXp Realty LLC
(617) 480-1949
Listed By:
Pax Estate Group
(617) 480-1949
Source:
Lockandkeyre
Added: Jul 3
Changed: Jul 27
Last Checked: Jul 30 at 6:13AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of eXp Realty LLC
Investment Insights
Based on property information with market context.
This spacious 4-bedroom, 1-bath apartment offers bright living spaces with plenty of natural light throughout. Unit 1 at 16 Alderman St is designed for comfortable everyday living with a practical, straightforward layout.
Located in Springfield’s Forest Park neighborhood at 16 Alderman St Unit 1, the apartment provides convenient access to shopping, restaurants, schools, parks, public transportation, and major highways, supporting an easy commute.
If you’re looking for additional space within a residential rental, this 4-bedroom unit is a solid option for tenants who want light-filled rooms and everyday convenience close by.
Located in Springfield’s Forest Park neighborhood at 16 Alderman St Unit 1, the apartment provides convenient access to shopping, restaurants, schools, parks, public transportation, and major highways, supporting an easy commute.
If you’re looking for additional space within a residential rental, this 4-bedroom unit is a solid option for tenants who want light-filled rooms and everyday convenience close by.
Key Highlights
- 4‑bedroom, 1‑bath apartment with bright living spaces and abundant natural light
- Year built: 1909
- Located in Springfield’s Forest Park neighborhood with access to shopping, restaurants, schools, parks, and public transportation
Property Analytics
Current Use
Lease Details
Yes
Highway access
NNN (Triple Net)
Lease Type
$0.91 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
987
Businesses Nearby
Explore this area
Business Placement
Demographics for 01108, MA
27,671
Population
11,332
Households
2.4
Avg Household Size
33
Median Age
21%
College-Educated
81%
High-School Grad
3.4 sq mi
ZIP Area
8,139
Density / Sq Mi
$51,851
Median Household Income
$34,539
Median Earnings
$1,224
Median Rent
$219,500
Median Home Value
Market
Lease Benchmarks for Springfield, MA
$17.19 /SF/Yr
Avg Asking Price
$6.07–$24 /SF/Yr
Price Range
1,837 SF
Avg Space Size
This space is priced 65% below the average of $17.19 /SF/Yr.
Properties on Market for Residential income properties in Springfield
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Frequently Asked Questions
What type of property is this?
Residential income property - Spacious 4-bedroom, 1-bath unit with bright living areas and abundant natural light.
Where is this residential income property located?
The property is located at 16 Alderman St Unit 1 Springfield, MA.
What is the lease rate?
The lease rate is $2,300 /Mo.
What are key features of this property?
This property features: 4‑bedroom, 1‑bath apartment with bright living spaces and abundant natural light; Year built: 1909; Located in Springfield’s Forest Park neighborhood with access to shopping, restaurants, schools, parks, and public transportation
