
51-53 Leyfred Ter Springfield — Photo 1 of 38
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!
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Market Value Analysis
* Analysis is based on 24 actively listed and recently sold comparable properties strictly within Springfield, MA.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Refrigerator
Neighborhood
Public Transportation • Shopping • Park • Laundromat • Highway Access • Public School
Geography
Population
27,405
U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)
Median Household Income
$51K
U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)
Renter-Occupied Homes
54.9%
U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)
New Construction Permits — Hampden County
359 housing units permitted in the last 12 months (+20% vs the prior 12 months) — 74 in 5+ unit buildings
U.S. Census Bureau, Building Permits Survey (through Jun '26)
Listing Agent: Johnny Long
Listing Office: PRIVI Realty LLC
MLS® Number: 73550413
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