Off Market

51-53 Leyfred Terrace, Springfield, MA

Springfield · MA 01108

$450,000
Price
6
Beds
3
Baths
3056
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1908
Units: 3 Units
Lot size: 6,861 Sq.Ft Lot
Price per square foot: $147 / Sq.Ft
Parking: 4 Off Street Spaces

About this home

*OPEN HOUSE CANCELLED* Excellent opportunity for both owner-occupants and investors in the desirable Forest Park neighborhood! This well-maintained 3-family features a vacant 2nd-floor unit, offering the perfect opportunity to move in while collecting rental income or lease all three units for maximum cash flow. The property offers spacious layouts, separate utilities, off-street parking, and convenient access to shopping, restaurants, parks, schools, public transportation, and major highways. A true cash cow, with projected market rents of approximately $1,750 per unit, offering strong income potential, upside, and the ability to meet the coveted 1% rule. Ask about down payment assistance programs up to $50,000 for qualified buyers and 3% down financing with no PMI. Don't miss this incredible opportunity—schedule your private showing today!

Neighborhood & Transit

51-53 Leyfred Terrace, Springfield · MA 01108

Nearby transit

Within 0.5 mile, measured straight-line to the nearest station entrance.

No subway or commuter rail stations within 0.5 mile.

Price Insight

Days on Market:
111 days
Listing Price:
$450,000
Price per Sq.Ft:
$147
Tax Assessment:
$218,300 in 2025
Taxes:
$285 / Monthly

Home Facts

Interior Features

Bedrooms
6
Full Bathrooms
3
Half Bathrooms
0
Living Area
3,056 Sq.Ft
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
3056
Flooring
Unknown
Lead paint
Unknown

Utilities

Heating Type
Unknown
Heating Zone
Unknown
Cooling
Unknown
Cooling Zones
Unknown
Water
Unknown
Sewer
Unknown
Electric Features
Circuit Breakers

Exterior Features

Lot Size
6,861 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
4 Parking Spaces

Construction Details

Construction Type
Unknown
Siding
Vinyl
Roof
Unknown

Green Features

Electric Vehicle Charger
Unknown
Solar Panels
Unknown
Green Certified
Unknown
Insulation Features
Unknown
Energy Features
Unknown

Listing information

Listing agent
Johnny Long
Listing office
PRIVI Realty LLC
MLS PIN #
73550413
Disclosure
Unit 1 lease through 11/30/2026, Unit 2 vacant, Unit 3 TAW; Rental amount shown for Unit 2 is 2026 HUD Fair Market Rent for a 2 Bedroom in Zip Code.