$450,000
51-53 Leyfred Ter
Springfield, MA, 01108
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!
Property Details
Price:
$450,000
MLS #:
73550413
Status:
Active
Beds:
6
Baths:
3
Type:
Multi Family
Subtype:
3 Family
Listed Date:
Jul 15, 2026
Finished Sq Ft:
3,056
Total Sq Ft:
3,056
Lot Size:
6,861 sqft / 0.16 acres (approx)
Year Built:
1908
Units:
3
Schools
Interior
Above Grade Finished Area
3056
Appliances
Range, Refrigerator
Bathrooms
3 Full Bathrooms
Heating
Natural Gas
Levels
3
Exterior
Community Features
Public Transportation, Shopping, Park, Laundromat, Highway Access, Public School, University
Construction Materials
Frame
Open Parking Spaces
4
Open Parking YN
1
Parking Features
Paved Drive, Off Street
Parking Spots
4
Parking Total
4
Patio And Porch Features
Porch
Roof
Shingle
Stories
3
Financial
Tax Year
2025
Taxes
$3,423
Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…
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Map
Current real estate data for Multi Family in Springfield as of Jul 18, 2026
116
Multi Family Listed
121
Avg DOM
157
Avg $ / SqFt
$469,493
Avg List Price
Community
- Address51-53 Leyfred Ter Springfield MA
- CitySpringfield
- CountyHampden
- Zip Code01108
Subdivisions in Springfield
Similar Listings Nearby
Property Summary
- 51-53 Leyfred Ter Springfield MA is a Multi Family for sale in Springfield, MA, 01108. It is listed for $450,000 To schedule a showing of MLS#73550413 at 51-53 Leyfred Ter in Springfield, MA, contact your Pegasus Realty LLC agent at 781-858-3505.
Courtesy of PRIVI Realty LLC. The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
51-53 Leyfred Ter
Springfield, MA