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51 Leyfred Terrace

Springfield MA 01108

6
3
4
3056 sq. ft.
6861 sq. ft.
Other
Currently for sale - view listing

Overview

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!

Features

6 bedrooms
3 bathrooms
4 carspaces
4 open car spaces
3056 sq. ft. floor area
6861 sq. ft. lot size
Other

Property history for 51 Leyfred Terrace

2022
Sold
Undisclosed
27 May 2022
1995
Sold
$40,000
07 Jun 1995 by Gary Burnett, of Coldwell Banker Keenan & Molta

Happy sellers in Springfield

94%
94% of sellers in Springfield reported that their sale price either exceeded or met their price expectations.

Springfield stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Springfield over the last 12 months.

Local market activity for 6 bedroom other properties in Springfield

In the last 12 months, 26 six-bedroom other properties similar to 51 Leyfred Terrace, have been sold.

This represents a 56% decrease in six-bedroom other properties sales when compared to the previous 12 months.

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