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$450,000

Active

51-53 Leyfred Ter

Springfield, MA, 01108

Multi-Family · MLS #73550413

Price/sqft

$147

Days on market

8 days

Year built

1908

Lot size

0.16 ac

3,056 sq ft

Sq Ft

0.16 acres

Lot

1908

Year Built

Taxes: $3,423 (2025)

About this home

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!

Location

51-53 Leyfred Ter, Springfield, MA, 01108

Property details

Road type
Paved, Publicly Maint.
Basement
Full, Unfinished Basement
Electric
Circuit Breakers

Listed by Johnny Long · PRIVI Realty LLC

Schedule a showing

51-53 Leyfred Ter

By submitting you agree to be contacted by Antonio Illas.

Estimated payment

$2,786 / month

Down payment20% · $90,000
Interest rate6.66%

Loan term

Principal & interest
$2,313
Property tax
$285
Home insurance
$188

Estimate only. Actual payment may vary based on credit, taxes, HOA, and insurance. Tax estimate uses listed taxes.

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