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51-53 Leyfred Ter, Springfield MA 01108

Springfield, MA 01108
$450,000
Est. $2,761/month
6
Beds
3
Baths
3,056
Sq Ft
$147
Price/Sq Ft
0.16
Acres
1908
Year Built
4
Parking
10 hours 19 minutes
Time on Market
Active Open House Listed Jul 15, 2026 • MLS# 73550413 Copied! • Updated Jul 16, 2026

Open House Schedule

19
Jul
Sunday, July 19
11:00 AM - 1:00 PM EDT
18
Jul
Saturday, July 18
11:00 AM - 1:00 PM EDT

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!

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Recently Sold Nearby

Property History

Property Timeline

🏠
Listed for Sale
Jul 15, 2026
$450,000
Original listing
Agent: Johnny Long Office: PRIVI Realty LLC

Tax History

Year Taxes Assessment
2025 $3,423 $218,300

Financial Details

Annual Property Tax
$3,423
Tax Year 2025
Assessed Value
$218,300

Facts & Features

Home Facts

Type Residential Income
Style 3 Family
Year Built 1908
Living Area 3,056 sq ft
Lot Size 0.16 acres
Bedrooms 6
Full Baths 3
Total Rooms 14

Investment Metrics

Units 3
Unit 1 Rent $1,495/mo · Y
Unit 2 Rent $1,750/mo · N
Unit 3 Rent $1,095/mo · N
Total Monthly Rent $4,340/mo
Gross Income $76,080
Net Operating Income $76,080
Cap Rate 16.91%
Heating Natural Gas
Cooling None
Flooring None
Appliances Range, Refrigerator
Fireplace None
Basement Full, Unfinished
Laundry None
Features None
Construction Frame
Architecture None
Roof Shingle
Features None
Pool None
Spa None
Fencing None
Patio/Porch Porch
Features Paved Drive, Off Street
Total Spaces 4
Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $3,423
Assessed Value $218,300
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures Unit 1 Lease Through 11/30/2026, Unit 2 Vacant, Unit 3 Taw; Rental Amount Shown For Unit 2 Is 2026 Hud Fair Market Rent For A 2 Bedroom In Zip Code.
Possession None
Accepted Financing None
Structure Type []
Sq Ft Source Appraiser
Documents None
County Hampden

Property Overview

Property Type
3 Family
Listing Type
For Sale
Year Built
1908
Bedrooms
6
Full Bathrooms
3
Living Area
3,056 sq ft
Total Rooms
14
Stories
3
Levels
3

Room Details

Other Floor

Bathroom1
Bedroom5
Bedroom4
Bedroom3
Dining Room
Kitchen
Bathroom2
Bedroom2
Living Room
Bathroom3
Master Bedroom
Office
Family Room
Master Bathroom

Interior Features

Flooring:
Appliances: Range, Refrigerator
Interior Features:
Windows:
Basement: Full, Unfinished
Laundry:
Security:

Construction & Materials

Year Built: 1908
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Brick/Mortar
Stories: 3

Heating, Cooling & Utilities

Heating: Natural Gas
Cooling:
Hot Water: Natural Gas
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch: Porch
Fencing:
Other Structures:
Lot Features:
Road Surface: Paved

Parking & Garage

Total Parking Spaces: 4
Parking Features: Paved Drive, Off Street
School District
Springfield School District local
D
🎓 Where Graduates Go Class of 2021
36% attend college
20% 4-Year 16% 2-Year 3% Out of State 3% Working
School Safety 2024-25
5.9% Above Average
5.1% Suspensions 1.4% In-School 0.8% Emergency
0.4% above state avg
E

Elementary Schools

10 schools
B+
Veritas Preparatory Charter School
0.3 mi | #10 of 25 | Score: 34.4
Improved 341 spots from last year
-23.8 below state avg
712 students Moderate
Early College Program Rising School
Grades 05-12
Your Educational Success Academy
1.0 mi
Grades K-12
St. Michael's Academy
1.8 mi
Grades PK-08
D
The Springfield Virtual School
1.8 mi | #330 of 346 | Score: 26.8
Improved 7 spots from last year
-31.4 below state avg
250 students Moderate
College Ready Curriculum
Grades PK-12
A
Alfred G. Zanetti Montessori Magnet School
2.3 mi | #3 of 16 | Score: 47.5
Improved 137 spots from last year
-10.7 below state avg
432 students Diverse
Rising School
Grades PK-08
Pioneer Valley Christian Academy
3.1 mi
Grades PK-12
Academy Hill School
3.2 mi
Grades PK-08
A+
Springfield Preparatory Charter School
3.6 mi | #2 of 16 | Score: 48.6
Improved 94 spots from last year
-9.7 below state avg
486 students Moderate
Rising School
Grades K-08
Grace Academy
3.8 mi
Grades K-12
Pioneer Valley Montessori School
4.0 mi
Grades PK-06
M

Middle Schools

10 schools
C
John J. Duggan Middle School
3.0 mi | #266 of 346 | Score: 44.7
Improved 20 spots from last year
-13.5 below state avg
823 students Diverse
High Graduation Rate Rising School College Ready Curriculum
Grades 06-12
F
Forest Park Middle School
0.6 mi | #343 of 352 | Score: 25.3
Improved 16 spots from last year
-32.9 below state avg
282 students Diverse
Grades 06-08
Springfield Commonwealth Academy
0.6 mi
Grades 06-08
F
South End Middle School
0.7 mi | #350 of 352 | Score: 23.5
Improved 12 spots from last year
-34.7 below state avg
163 students Moderate
Grades 06-08
C+
STEM Middle Academy
2.3 mi | #12 of 16 | Score: 26.4
Improved 298 spots from last year
-31.8 below state avg
269 students Diverse
Rising School
Grades 06-08
Springfield Middle School
2.6 mi
18 students Less Diverse
Grades 06-08
F
Springfield Public Day Middle School
2.6 mi | #352 of 352 | Score: 19.6
Improved 14 spots from last year
-38.6 below state avg
60 students Diverse
Grades 06-08
D
Springfield Legacy Academy
2.7 mi | #16 of 16 | Score: 19.0
Improved 340 spots from last year
-39.2 below state avg
299 students Less Diverse
Rising School
Grades 06-08
C-
Impact Prep at Chestnut
2.7 mi | #14 of 16 | Score: 23.5
Improved 349 spots from last year
-34.7 below state avg
278 students Moderate
Rising School
Grades 06-08
B
Chestnut Accelerated Middle School (Talented and Gifted)
2.7 mi | #164 of 352 | Score: 43.2
Dropped 11 spots from last year
-15 below state avg
265 students Diverse
Strong Attendance
Grades 06-08
H

High Schools

10 schools
C-
Conservatory of the Arts
1.1 mi | #303 of 346 | Score: 37.5
Improved 2 spots from last year
-20.7 below state avg
296 students Moderate
College Ready Curriculum
Grades 06-12
C
Emergence Academy
1.1 mi | #21 of 25 | Score: 25.5
Improved 356 spots from last year
-32.7 below state avg
382 students Diverse
Rising School Diverse Student Body
Grades 06-12
C-
Libertas Academy Charter School
1.3 mi | #292 of 346 | Score: 40.6
Improved 52 spots from last year
-17.7 below state avg
563 students Moderate
7 sports • 134 athletes
Rising School Strong Attendance
Grades 06-12
C
The Springfield Renaissance School an Expeditionary Learning School
2.9 mi | #274 of 346 | Score: 44.0
Improved 7 spots from last year
-14.3 below state avg
593 students Diverse
High Graduation Rate College Ready Curriculum
Grades 06-12
C-
Baystate Academy Charter Public School
3.4 mi | #314 of 346 | Score: 34.8
Improved 29 spots from last year
-23.5 below state avg
388 students Moderate
Rising School College Ready Curriculum
Grades 06-12
C-
High School of Commerce
1.1 mi | #286 of 346 | Score: 42.2
Improved 16 spots from last year
-16 below state avg
966 students Moderate
11 sports • 554 athletes
Early College Program College Ready Curriculum
Grades 09-12
F
Phoenix Academy Public Charter High School, Springfield
1.4 mi | #340 of 346 | Score: 20.6
Improved 8 spots from last year
-37.6 below state avg
158 students Moderate
College Ready Curriculum
Grades 09-12
B+
Gateway to College at Springfield Technical Community College
1.4 mi | #123 of 346 | Score: 74.4
Same rank as last year
25 students Moderate
College Ready Curriculum
Grades 09-12
Pope Francis Preparatory School
1.7 mi
18 sports • 1,124 athletes
Strong Athletics
Grades 09-12
F
Springfield International Academy at Sci-Tech
2.2 mi | #338 of 346 | Score: 21.5
Dropped 38 spots from last year
-36.7 below state avg
95 students Diverse
Career Tech Programs College Ready Curriculum
Grades 09-12
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $285
Homeowners Insurance $200
PMI (if <20% down) $0

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Year 15
50/50
Year 30
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Neighborhood

51-53 Leyfred Ter, Springfield MA 01108

Springfield, MA 01108

Listing Information

Listing Agent Johnny Long
Listing Office PRIVI Realty LLC
Office Phone 508-468-4329
Agent MLS ID CN241902
Office MLS ID AN6354
Listing Data Updated Jul 16, 2026 12:54 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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