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58-60 Lester St, Springfield, MA

Springfield · MA 01108

$475,000
Price
8
Beds
4
Baths
3843
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1922
Units: 4 Units
Lot size: 6,726 Sq.Ft Lot
Price per square foot: $130 / Sq.Ft
Parking: 2 Garage Spaces · 6 Off Street Spaces

About this home

Rare 4-Family Investment Opportunity in Great Forest Park Area, Springfield ? Close to X! This well-maintained, turnkey 4-family home is a rare find in the desirable Forest Park neighborhood?perfect for investors or owner-occupants seeking strong cash flow. The property features two units per side, each offering 5 rooms and 2 bedrooms, providing flexible living arrangements and excellent rental potential. Highlights include: ? Four newer gas forced hot air heating systems ? Separate 100A electric panels and gas meters for each unit ? Lead compliance certification for all units ? Hardwood floors and charming front porches ? W/D hook up in each unit ? Two newer driveways (one on each side) ? Spacious detached garage at the rear ? Large, clean, full-size concrete basement Currently, the 1st floor units are occupied, while the 2nd floor units are vacant, offering immediate rental upside or move-in options. This is a solid, income-producing property in a strong rental market-don?t miss out!

Neighborhood & Transit

Forest Park

58-60 Lester St, 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:
504 days
Listing Price:
$499,999
Price per Sq.Ft:
$130
Tax Assessment:
$346,500 in 2025
Taxes:
$471 / Monthly

Home Facts

Interior Features

Bedrooms
8
Full Bathrooms
4
Half Bathrooms
0
Living Area
3,843 Sq.Ft (Includes Basement)
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
1931
Flooring
Unknown
Lead paint
Certified Treated

Utilities

Heating Type
Unknown
Heating Zone
Unknown
Cooling
Unknown
Cooling Zones
Unknown
Water
Unknown
Sewer
Unknown
Electric Features
110 Volts, 100 Amps

Exterior Features

Lot Size
6,726 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
2 Parking Spaces
Off Street Parking
6 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
Jason Saphire
Listing office
www.HomeZu.com
MLS PIN #
73371703