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!
- Heating System:
- Natural Gas
- Basement:
- Full, Unfinished
- Parking:
- Off Street, Paved Drive
- Appliances:
- Range, Refrigerator
- Construction:
- Frame
- Sewer:
- Public Sewer
- Water:
- Public
- Disclosure
- Electric Feature:
- Circuit Breakers
- Garage Parking
- Lead Paint:
- Unknown
- Road Type:
- Paved
- Rent Fee Includes:
- Unit 1(water)
- Market Time:
- 1
- Parking Spaces:
- 4
- Tax Year:
- 2025
- Status:
- Active
- Price Per Sqft:
- $147
- Zoning:
- R2
- No Units:
- 3
- Orig Price:
- $450,000
- LEASE:
- Yes
- Waterfront:
- No
- MlsStatus:
- New
- City:
- Springfield
- State:
- MA
- County:
- Hampden
- Postal Code:
- 01108
- Longitude:
- W73° 25' 35.6''
- Latitude:
- N42° 5' 25''
Residential Income
51-53 Leyfred Ter, Springfield, Massachusetts
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Price :
- $450,000
- Bedrooms :
- 6
- Rooms :
- 14
- Total Bathrooms :
- 3
- Full Bathrooms :
- 3
- Square Footage :
- 3,056 Sqft
- Year Built :
- 1908
- Lot Area :
- 0.16 Acre
- Listing ID :
- 73550413
- Stephen E. Robb
- View website
- 617-212-0251
-
srobb@robbenterprises.com