51-53 Leyfred Ter, Springfield, MA 01108 - Photo 1

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$450,000 Just Listed

For Sale
Active
Multi-Family
3 Units
6 Total Beds
0.16 Acres
Updated 2 hours ago

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Property Description

*Offer deadline Monday 07/20 5:00pm* 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!

Full Property Details

Full Property Details for 51-53 Leyfred Terrace

General

Price: $450,000
Taxes: $3,423 (2025)
Status: Active
Type: Multi-Family
MLS ID: 73550413
Updated: 7/20/2026
Added to Site: 5 day(s) ago

Rooms

Bathrooms

Total Bathrooms: 3
Full Bathrooms: 3

Bedrooms

Total Bedrooms: 6

Parking

Parking Features: Paved Drive, Off Street

Location

County: Hampden

Structural Information

Basement: Yes
Stories/Levels: 3
Square Feet: 3,056
Year Built: 1908

Lot Features

Lot Size (Acres): 0.16

Financial Considerations

Tax Amount: $3,423
Tax Year: 2025

Disclosures and Reports

Disclosures/Rstr.: 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.
Property ID: S:07750 P:0073, 2591917

Listed by PRIVI Realty LLC, Johnny Long and Nghia Nguyen

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Listing agents

— 51-53 Leyfred Terrace —

Johnny Long

PRIVI Realty LLC
Nghia Nguyen

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Schools

Schools serving 51-53 Leyfred Terrace

School District:Springfield School District

Name	Grades	Distance
Springfield Public Day Elementary School 34 Nye Street, Springfield, MA 01104	K-5	2.2 mi
Alfred G Zanetti School 474 Armory Street, Springfield, MA 01104	PK-8	2.3 mi
Glickman Elementary School 120 Ashland Avenue, Springfield, MA 01119	K-5	3.6 mi
Forest Park Middle School 46 Oakland Street, Springfield, MA 01108	6-8	0.6 mi
Stem Middle Academy 60 Alton Street, Springfield, MA 01109	6-8	2.2 mi
Springfield Public Day Middle School, Springfield, MA 732 Chestnut Street, Springfield, MA 01107	6-8	2.6 mi
Liberty Preparatory Academy Alderman Bldg 37 Alderman Str, Springfield, MA 01108	9-12	0.7 mi
Springfield High School Dickenson Bldg 37 Alderman St, Springfield, MA 01108	9-12	0.7 mi
High School Of Commerce 415 State Street, Springfield, MA 01105	9-12	1.1 mi

Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 51-53 Leyfred Terrace Get Price Alerts and Save Property

Date

Details

Price

Change

Source

7/15/2026

Listed

$450,000

55.17%

MLS

5/26/2022

Sold

$290,000

—

Public Record

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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History

Tax History for 51-53 Leyfred Terrace

Year

Property Taxes

Change

Tax Assessment

Change

2025

$3,423

$218,300

11%

2024

$3,154

28%

$196,400

36%

2023

$2,462

-18%

$144,400

-10%

2022

$3,019

13%

$160,400

13%

2021

$2,676

—

$141,600

2020

$2,674

$136,900

2019

$2,491

$126,600

2018

$2,352

-1%

$119,500

-1%

2017

$2,371

20%

$120,600

20%

2016

$1,972

$100,300

2015

$1,916

-2%

$97,400

-1%

2014

$1,947

—

$98,800

—

View All

Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost

Estimate the Cost for 51-53 Leyfred Terrace

51-53 Leyfred Ter, Springfield, MA 01108 (MLS# 73550413) is a Multi-Family property with 3 units containing 6 bedrooms and 3 full bathrooms. 51-53 Leyfred Ter is currently listed for $450,000 and was received on July 15, 2026. Want to learn more about 51-53 Leyfred Ter? Do you have questions about finding other Multi-Family real estate for sale in Springfield? You can browse all Springfield real estate or contact a Coldwell Banker agent to request more information.

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51-53 Leyfred Terrace Springfield, MA 01108