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Active

51-53 Leyfred Ter

Springfield, MA 01108

$450,000
6Bedrooms
3Bathrooms
3,056Square feet
1908Year built

Residential Income · Active · MLS #73550413
Listing Courtesy of PRIVI Realty LLC | Johnny Long

MLS PIN data

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!

Property information

Details at a glance

Interior

Rooms
14
Heating
Natural Gas

Building

Style
3 Family
Year built
1908
Parking
4
Foundation
Brick/Mortar
Roof
Shingle

Land & utilities

Lot size
0.16 acres
Water
Public
Sewer
Public Sewer
Zoning
R2

Financial

Annual taxes
$3,423
Assessment year
2025

Listing history

Price and status timeline

No additional public listing history was supplied for this property.

Property value estimate

An informed starting point

Estimated value$451,587

Estimated range $405,024$498,151

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Automated estimates are not appraisals or guarantees of market value.

Comparable sales

Recent properties for context

Recent comparable sales are not available for this property.

Photo insights

Condition signals

Overall presentationabove average

Generated from listing photography; not a substitute for an inspection.

Local market context

How this home compares in Springfield

MetricThis propertySpringfield
List price$450,000$422,4507% above local
Price / sq ft$147$16410% below local
Days on market45462% below local
Explore homes in Springfield

Active city listing statistics from MLS PIN as of September 7, 2026. Asking prices are not completed-sale values.

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Bean Group guidance

Useful next steps

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Common questions

About 51-53 Leyfred Ter

Can I schedule a private showing?

Yes. Request a tour of 51-53 Leyfred Ter and a Bean Group agent will help coordinate an available time with the listing side.

Can you help me evaluate this property?

Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.

Are property documents available?

Availability varies by property and source. Request the documents you need and we will help obtain what is available.