58-60 Lester St

3,843 Sq. Ft.
$124 / Sq. Ft.
3,843
Sq. Ft.
$124
per Sq. Ft.

Description

Rare 4-Family Investment Opportunity in Great Forest Park Area, Springfield – Close to X! This well-maintained, turnkey 4-family home is a rare find in the desirable Forest Park neighborhood—perfect for investors or owner-occupants seeking strong cash flow. The property features two units per side, each offering 5 rooms and 2 bedrooms, providing flexible living arrangements and excellent rental potential. Highlights include: • Four newer gas forced hot air heating systems • Separate 100A electric...Rare 4-Family Investment Opportunity in Great Forest Park Area, Springfield – Close to X! This well-maintained, turnkey 4-family home is a rare find in the desirable Forest Park neighborhood—perfect for investors or owner-occupants seeking strong cash flow. The property features two units per side, each offering 5 rooms and 2 bedrooms, providing flexible living arrangements and excellent rental potential. Highlights include: • Four newer gas forced hot air heating systems • Separate 100A electric panels and gas meters for each unit • Lead compliance certification for all units • Hardwood floors and charming front porches • W/D hook up in each unit • Two newer driveways (one on each side) • Spacious detached garage at the rear • Large, clean, full-size concrete basement Currently, the 1st floor units are occupied, while the 2nd floor units are vacant, offering immediate rental upside or move-in options. This is a solid, income-producing property in a strong rental market-don’t miss out!
  1. Listed by Jason Saphire • www.HomeZu.com

Property Details for 58-60 Lester Street

Town
Springfield
MLS Area
Forest Park
Area
MA-Springfield-Forest Park, MA-Springfield
Garage Spaces
2
Open Parking Spaces
6.00
Parking Spaces Total
6
LISTING CLOSED: 06/16/2025 12:00 AM

Property Details for 58-60 Lester Street

StatusSold
MLS #73371703
Days on Market17
Taxes$5,648 / year
HOA Fees-
Property TypeMulti Family
MLS TypeMulti-family / 4 Family
Year Built1922
CountyHampden County

Location

Listing Courtesy of www.HomeZu.com, Jason Saphire

Sold By Berkshire Hathaway HomeServices Realty Professionals, Moussa Hamadeh

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Building Information for 58-60 Lester Street

Stories4Residences4Year Built1922Building Size-Lot Size0.15 AC / 6,726 SF

Payment Calculator

$2,885 per month

30 year fixed, 6.55% Interest

Principal and Interest

$2,414

Property Taxes

$471

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 58-60 Lester Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Sidewalks
  • Current Financing: Conv. Fixed
  • Living Area: 3843.0
  • Color: White
  • SqFt with Basement: Yes
  • Total Units: 4
  • Waterfront: No
  • Water View: No
  • Year Built Details: Approximate
  • Year Built Source: Public Records
Features
Interior Features
  • Basement Features: Full, Walk Out, Unfinished Basement
  • Num of Baths: 4.0
  • Num of Full Baths: 4
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 4.00
  • Bathrooms Total Integer: 4
  • DoorFeatures: Storm Door(s)
  • FireplaceYN: No
  • Fireplaces: 0
  • Flooring: Tile, Hardwood
  • SpaYN: No
Exterior Features
  • Construction: Frame
  • Exterior Features: Balcony
  • Exterior Features: Balcony, Porch, Deck
  • Lot Description: Cleared, Level
  • Patio And Porch Features: Porch, Deck
  • Roof Material: Shingle
Parking Features
  • Covered Spaces: 2.00
  • Garage: Yes
  • Garage Parking: Paved Drive, Off-Street, Paved Driveway
  • Open Parking: Yes
  • Parking Features: Paved Drive, Off-Street, Paved Driveway
  • Parking Features: Off-Street, Paved Driveway
Utilities
  • Electric: 110 Volts, 100 Amp Service
  • Sewer: City/Town Sewer
  • Utility Connections: for Gas Range, for Electric Range
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Road Responsibility: Public Maintained Road
Tax Information
  • Tax ID: 2591806
  • Assessments: $346,500
  • Book: 14541
  • Tax Year: 2025
  • Zoning: R2
Building / Association Information
Living Characteristics
  • Beds Total: 8
  • Total Living Levels: 4
Other Building Characteristics
  • Foundation: Block
  • Levels: 4
  • Heat Units: 4
  • Heat Zones: 4
Income / Expenses
  • GOI: $28,800.00
  • NOI: $28,800.00
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: 1
  • Lease U2: N
  • Levels U2: 1
Unit 3 Description
  • Floor U3: 2
  • Lease U3: N
  • Levels U3: 1
Unit 4 Description
  • Floor U4: 2
  • Lease U4: N
  • Levels U4: 1
Rental Info
Rental Info
  • Total Actual Rent: $2,400.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2

Property History for 58-60 Lester Street

DateEvent & SourcePriceAppreciation
Jun 16, 2025

Sold

MLS PIN #73371703

$475,000
May 12, 2025

Under Agreement

MLS PIN #73371703

May 12, 2025

Contingent

MLS PIN #73371703

DateEvent & SourcePrice
06/16/2025

Sold

MLS PIN #73371703

$475,000
05/12/2025

Under Agreement

MLS PIN #73371703

05/12/2025

Contingent

MLS PIN #73371703

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

Public Records for 58-60 Lester Street

Taxable ValueLand$31,300Additions$315,200Total$346,500
Tax Record2024$5,565 ($464 / month)
Home Facts
Total Finished SqFt5,736 SqFtAbove Grade Finished SqFt5,736 SqFtStories2Lot Size6,726 SqFtStyleMulti-Family Res (5+ Units)Year Built1922ZoningR2CountyHAMPDENAPNSPRI S:07730 P:0012

Schools near 58-60 Lester Street

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
White Street 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.

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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 www.HomeZu.com, Jason Saphire

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.