51-53 Leyfred Ter

3,056 Sq. Ft.
$147 / Sq. Ft.
3,056
Sq. Ft.
$147
per Sq. Ft.

Description

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...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!
  1. Listed by Johnny Long • PRIVI Realty LLC
  2. Listed by Nghia Nguyen • PRIVI Realty LLC

Property Details for 51-53 Leyfred Terrace

Town
Springfield
Area
MA-Springfield
Garage Spaces
0
Open Parking Spaces
4.00
Parking Spaces Total
4

Open Houses

Saturday, Jul 18th11:00 AM - 1:00 PM
Sunday, Jul 19th11:00 AM - 1:00 PM
LISTING UPDATED: 07/16/2026 03:30 AM

Property Details for 51-53 Leyfred Terrace

StatusNew
MLS #73550413
Days on Market1
Taxes$3,423 / year
HOA Fees-
Property TypeMulti Family
MLS TypeMulti-family / 3 Family
Year Built1908
CountyHampden County

Location

Listing Courtesy of PRIVI Realty LLC, Johnny Long; PRIVI Realty LLC, Nghia Nguyen
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Building Information for 51-53 Leyfred Terrace

Stories3Residences3Year Built1908Building Size-Lot Size0.16 AC / 6,861 SF

Payment Calculator

$2,528 per month

30 year fixed, 6.36% Interest

Principal and Interest

$2,242

Property Taxes

$285

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 51-53 Leyfred Terrace

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Park, Laundromat, Highway Access, Public School, University
  • Living Area: 3056.0
  • SqFt with Basement: No
  • Total Units: 3
  • Waterfront: No
  • Year Built Details: Actual
  • Year Built Source: Public Records
Features
Interior Features
  • Appliances: Range, Refrigerator
  • Basement Features: Full, Unfinished Basement
  • Num of Baths: 3.0
  • Num of Full Baths: 3
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 3.00
  • Bathrooms Total Integer: 3
  • FireplaceYN: No
  • Fireplaces: 0
  • SpaYN: No
Exterior Features
  • Construction: Frame
  • Exterior Features: Porch
  • Patio And Porch Features: Porch
  • Roof Material: Shingle
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Paved Drive, Off-Street
  • Open Parking: Yes
  • Parking Features: Paved Drive, Off-Street
  • Parking Features: Off-Street
Utilities
  • Electric: Circuit Breakers
  • Heating: Natural Gas
  • Heating: Yes
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Road Responsibility: Public Maintained Road
  • Road Surface Type: Paved
  • 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.
Tax Information
  • Tax ID: S:07750 P:0073,2591917
  • Assessments: $218,300
  • Book: 24565
  • Tax Year: 2025
  • Zoning: R2
Building / Association Information
Living Characteristics
  • Beds Total: 6
  • Total Living Levels: 3
Other Building Characteristics
  • Foundation: Brick/Mortar
  • Levels: 3
  • Heat Units: 3
Income / Expenses
  • GOI: $76,080.00
  • NOI: $76,080.00
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: Y
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 2
  • Lease U2: N
  • Levels U2: 1
Unit 3 Description
  • Floor U3: 3
  • Lease U3: N
  • Levels U3: 1
Rental Info
Rental Info
  • Total Actual Rent: $4,340.00

Property History for 51-53 Leyfred Terrace

DateEvent & SourcePriceAppreciation
Jul 15, 2026

Listed (Active)

MLS PIN #73550413

$450,000
Feb 5, 2021

Canceled

MLS PIN #72778064

$149,900
Jan 23, 2021

Listed (Active)

MLS PIN #72778064

$149,900
DateEvent & SourcePrice
07/15/2026

Listed (Active)

MLS PIN #73550413

$450,000
02/05/2021

Canceled

MLS PIN #72778064

$149,900
01/23/2021

Listed (Active)

MLS PIN #72778064

$149,900

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 51-53 Leyfred Terrace

Taxable ValueLand$23,900Additions$172,500Total$196,400
Tax Record2024$3,154 ($263 / month)
Home Facts
Baths3Total Finished SqFt2,975 SqFtAbove Grade Finished SqFt2,975 SqFtStories2Lot Size6,861 SqFtStyleTriplexYear Built1908ZoningR2CountyHAMPDENAPNSPRI S:07750 P:0073

Schools near 51-53 Leyfred Terrace

This home is within Springfield School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Glickman Elementary School
PublicPK to 5

Forest Park Middle School
Public6 to 8

Putnam Vocational Technical High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

51-53 Leyfred Terrace is a multi-family home for sale in Springfield, MA 01108. This property was listed for sale on July 15, 2026 by PRIVI Realty LLC, it's currently listed at $450,000. It has been on the market for a total of 1 days and was last sold on June 7, 1995. This listing's school district is Springfield School District. Nearby schools include Glickman Elementary School, Forest Park Middle School and High School of Science and Technology (Sci-Tech). 51-53 Leyfred Terrace is a 6-bed, 3-bath, 3,056 sqft multi-family home built in 1908.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of PRIVI Realty LLC, Johnny Long; PRIVI Realty LLC, Nghia Nguyen

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. The property listing data and information, and the images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein.