51-53 Leyfred Ter, Springfield, MA 01108
Hampden County
Key Facts
Description
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 Information
Property Type
Residential Income
Sub-Type
Triplex
Year Built
1908
Stories
3
Living Area
3,056 sq ft
Lot Size
0.16 acres
Parking Spaces
4
Zoning
R2
Days on Market
1
MLS® Listing#
73550413
Property Features
Appliances
Heating
Basement
Parking
Patio
Construction
Foundation
Roof
Community
Sewer
Water Source
Financial Details
Annual Taxes
$3,423
Tax year 2025
Assessed Value
$218,300
Parcel Number
S:07750 P:0073,2591917
Directions
GPS
Affordability Calculator
$90,000
Estimated monthly payment
$2,395/mo
Principal $360,000 · Est. interest $502,232 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Springfield, MA
- $325,850
- Median Listing Price
- 33
- Median Days on Market
- 1,594
- Median Sq Ft
- $208
- Median Price / Sq Ft
- 235
- Active Listings
- This home’s price is 38% above the area median.
- Its price per sq ft is 29% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Springfield, MA.
Location
- 51-53 Leyfred Ter, Springfield, MA 01108
Points of Interest in Springfield, MA
Showing the Springfield area map.
Nearby Schools
Veritas Preparatory Charter School
Secondary · 0.3 mi away
Sumner Avenue
Elementary · 0.6 mi away
Forest Park Middle School
Secondary · 0.6 mi away
Kensington International School
Elementary · 0.6 mi away
South End Middle School
Secondary · 0.7 mi away
New Leadership Charter School
Secondary · 0.8 mi away
Springfield High School
Secondary · 0.8 mi away
Elias Brookings
Elementary · 0.8 mi away
Milton Bradley School
Elementary · 0.9 mi away
Diocese of Spri
School · 0.9 mi away
Springfield Public Day Middle School
Elementary · 1.0 mi away
White Street
Elementary · 1.0 mi away
Conservatory of the Arts
Secondary · 1.1 mi away
Springfield High School
Secondary · 1.1 mi away
High School of Commerce
Secondary · 1.2 mi away
Washington
Elementary · 1.3 mi away
Springfield Academy
School · 1.3 mi away
Springfield School Volunteers
School · 1.3 mi away
Libertas Academy Charter School
Elementary · 1.3 mi away
William N. Deberry Elementary School
Elementary · 1.3 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 104 Alden St, Springfield, MA | $325,000 | 6 | 2 | 2,089 |
| 234 Draper St, Springfield, MA | $329,900 | 5 | 2 | 2,031 |
| 46-48 Narragansett, Springfield, MA | $339,999 | 6 | 2 | 2,527 |
| 164 Arnold Ave, Springfield, MA | $344,000 | 5 | 3 | 1,456 |
| 47 Trafton Rd, Springfield, MA | $349,999 | 7 | 2 | 1,994 |
| 30-32 Colchester St, Springfield, MA | $369,900 | 6 | 2 | 2,430 |
Moving Cost Estimate
EXIT Agents in Springfield
Listing Courtesy: PRIVI Realty LLC - 5084684329
Presented by: Johnny Long