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Active

51-53 Leyfred Ter, Springfield MA 01108

$450,000

Estimated $1,015/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $150,000

Total Rent: 52080/year

Estimated CAP Rate:

6 Bedrooms

Baths

3056

Total Parking: 4

6,861 (0.16)

*Offer deadline Monday 07/20 5:00pm* 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!

This home has been viewed 9 times

Last Checked: July 25th, 2026 at 10:08am (Source: MLS PIN #73550413)

Gross Income: $52,080

Gross Expenses: $3,423

Net Income Calc: $48,657

Annual Expenses for 51-53 Leyfred Ter, Springfield MA 01108

Total Gross Expenses (Calculated)$3,423/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax3423

Annual Income & Unit Breakdown for 51-53 Leyfred Ter, Springfield MA 01108

Total Gross Income (Calculated)$52,080

Unit 1

Rental Income$0

LeaseY

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

Rent IncludesHeat

Unit 2

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

Rent IncludesHeat

Unit 3

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor3

Levels in Unit1

Rent IncludesHeat

General Information for 51-53 Leyfred Ter, Springfield MA 01108

Listing ID73550413

Property TypeMulti Family / 3 Family

Price450000 ($147.25/SqFt)

Style3 Family

CitySpringfield

CountyHampden

Neighborhood(s)

Approximate Living Area Total3056

Approximate Lot Size (Acres)0.16

Total Parking4

Garage Parking0

Year Built1908

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot Features

Foundation Description

Accessible Features

Outdoor SpaceCovered

ZoningR2

Water Views

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 51-53 Leyfred Ter, Springfield MA 01108

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourceAppraiser

ExclusionsTv In Family Room. Kitchen Island Bar Stools And Table Set Excluded But Sellers Will Entertain Set.

Financial Data Source

Total Gross Expenses By Broker

Total Gross Income By Broker

Total Net Income By Broker

Short Sale / Forclosure (Bank Owned)

Compensation Based On

Financial Information for 51-53 Leyfred Ter, Springfield MA 01108

Real Estate Taxes3423

Tax Year2025

Assessed Value$218,300

Financial Data Source

Total Gross Expenses By Broker

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker

BostonRealEstate.com Gross Income

Total Net Income By Broker

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

Location Information for 51-53 Leyfred Ter, Springfield MA 01108

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 51-53 Leyfred Ter, Springfield MA 01108

Agent

Name: Johnny Long

Office

Name: PRIVI Realty LLC

Phone: 508-468-4329

Team Members

Name: Johnny Long

Payment Calculator

, Interest

Property Taxes 285.25

Principal & Interest 2772.76

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

PRIVI Realty LLC

Johnny Long

Agent Phone

Office Phone

(508) 468-4329

Text Agent Call Agent Call Office

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    [unparsed] => 51-53 Leyfred Ter, Springfield MA 01108
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EXIT

35 More Photos

Active

51-53 Leyfred Ter, Springfield MA 01108

$450,000

Annual Expenses for 51-53 Leyfred Ter, Springfield MA 01108

Annual Income & Unit Breakdown for 51-53 Leyfred Ter, Springfield MA 01108

General Information for 51-53 Leyfred Ter, Springfield MA 01108

Disclosures for 51-53 Leyfred Ter, Springfield MA 01108

Financial Information for 51-53 Leyfred Ter, Springfield MA 01108

Location Information for 51-53 Leyfred Ter, Springfield MA 01108

Contact Information for 51-53 Leyfred Ter, Springfield MA 01108

Agent

Office

Team Members

Payment Calculator

Exclusive Listing Agent

PRIVI Realty LLC

Johnny Long