Active
60 Days on market
51-53 Leyfred Ter Springfield — Photo 1 of 38

51-53 Leyfred Ter Springfield — Photo 1 of 38

$450,000

Investment Analysis — 51-53 Leyfred Ter

Springfield, MA 01108

Based on rent reported on the MLS listing, a 3-unit multi-family in 01108 carries $4,340/mo in gross rent — about a 8.04% cap rate and $36,158/yr in estimated NOI at the $450,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

6

Baths

3

SqFt

3,056

Style

3 Family

Built

1908

*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!

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.

Open Houses

Property Details

Financials

Original Price$450,000
Annual Taxes$3,423

Parking

Garage0
Off-Street4

Interior Specifications

Total Rooms14
FireplacesNone
Flooring--
BasementFull, Unfinished

Climate & Utilities

HeatingNatural Gas
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationBrick/Mortar
ZoningR2

Property & Lot

Acres0.16
SqFt Lot6,861
Lot Features--

Amenities & Appliances

Range • Refrigerator

Neighborhood

Public Transportation • Shopping • Park • Laundromat • Highway Access • Public School

Geography

Listing Provided By

Listing Agent: Johnny Long

Listing Office: PRIVI Realty LLC

MLS® Number: 73550413