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58-60 Lester Street, Springfield MA 01108 – 8 bed 4 bath For Sale – 73371703

$ 499,999
58-60 Lester Street, Springfield MA 01108, ,

Overview

  • Updated On:
  • May 25, 2025
  • listingid
  • 73371703
  • 8 Bedrooms
  • 4 Bathrooms
  • 2 Garage Spaces
  • 6 Non-Garage Parking Spaces
  • 1922

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 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!

This property is listed by Jason Saphire from www.HomeZu.com

Property Listing Details

Overview

MLS Status
Price $ 499,999
Living Area 3,843.00 ft2
Bedrooms 8
Total Rooms 20
Listing MLS ID 73371703
Days on Market 17
Bathrooms 4

Unit Information

Bedrooms 8
Full Bathrooms 4
Half Bathrooms 0
Cooling
Heating
Uncovered Parking 6
Garage Parking 2
Water View No
Unit Level
Common Walls
Laundry Features
Lead Paint Certified Treated
Outdoor Space Available
Living Area Includes Basement Full,Walk-Out Access,Unfinished
Patio And Porch Features Porch,Deck
Parking Features Paved Drive,Off Street,Paved
Waterview Features
Flooring Tile,Hardwood

Building Information

Building Name
Units in Building 4
Pets Allowed
Association Amenities
Pool Features
Waterfront Features
Association Fee Includes
Construction Materials Frame
Year Built 1922
Security Features
Sewer Public Sewer
Spa Features
Structure Type
Water Source Public
Basement Full,Walk-Out Access,Unfinished
Roof Shingle

Additional Details

Community Features Public Transportation,Shopping,Sidewalks
Disclosures
Last Updated 2025-05-25T19:39:00.000Z
Building Area Source Public Records
MLS PIN Page
Parcel Number 2591806
Original List Price 499999
Listing Office www.homezu.com
Tax Annual Amount 5648
Tax Assessed Value 346500
Tax Book Number 14541
Tax Year 2025
Year Built Details Approximate
Year Built Source Public Records
Zoning R2
Listing Agent jason saphire

Property Address

Address: 58-60 Lester Street, Springfield MA 01108
State/County:
Zip: 01108
Country: US

Amenities and Features

Other Features
Balcony
Has Garage
Open Parking

Payment Calculator

$ 2,864.86
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 2,398.20

Map

Transport
Supermarkets
Schools
Restaurants
Pharmacies
Hospitals

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58-60 Lester Street, Springfield MA 01108 | © 2024 DOUGLAS ELLIMAN REAL ESTATE. ALL MATERIAL PRESENTED HEREIN IS INTENDED FOR INFORMATION PURPOSES ONLY. WHILE THIS INFORMATION IS BELIEVED TO BE CORRECT, IT IS REPRESENTED SUBJECT TO ERRORS, OMISSIONS, CHANGES OR WITHDRAWAL WITHOUT NOTICE. ALL PROPERTY INFORMATION, INCLUDING, BUT NOT LIMITED TO SQUARE FOOTAGE, ROOM COUNT, NUMBER OF BEDROOMS AND THE SCHOOL DISTRICT IN PROPERTY LISTINGS ARE DEEMED RELIABLE, BUT SHOULD BE VERIFIED BY YOUR OWN ATTORNEY, ARCHITECT OR ZONING EXPERT. THE NUMBER OF BEDROOMS LISTED ABOVE IS NOT A LEGAL CONCLUSION. EACH PERSON SHOULD CONSULT WITH HIS/HER OWN ATTORNEY, ARCHITECT OR ZONING EXPERT TO MAKE A DETERMINATION AS TO THE NUMBER OF ROOMS IN THE UNIT THAT MAY BE LEGALLY USED AS A BEDROOM. EQUAL HOUSING OPPORTUNITY.

Property Details

58-60 Lester Street, Springfield MA 01108 – 8 bed 4 bath For Sale – 73371703

$ 499,999

Status:

58-60 Lester Street, Springfield MA 01108, , , 01108

Country: US

Property Overview

MLS #: 73371703

Type: /

Action:

Year Built: 1922 (Approximate, Source: Public Records, Effective: )

Living Area: 3,843.00 ft2 (Total: 3843 Square Feet, Source: Public Records)

Lot Size: 0.15 ft2 (Area: 0.15 Acres, SqFt: 6726)

Total Rooms: 20

Condition:

Availability:

Building Name:

Interior Features

Bedrooms: 8 (Main Level: )

Bathrooms: Total: 4 (Full: 4, Half: 0, Decimal: 4, Main Level: )

Basement: Full,Walk-Out Access,Unfinished

Fireplaces: 0 ()

Flooring: Tile,Hardwood

Laundry:

Window Features:

Door Features: Storm Door(s)

Accessibility:

Entry: Level , Location:

Other Equipment:

Construction & Design

Style:

Materials: Frame

Foundation: Block (Area: )

Roof: Shingle

Stories: 6 (6)

Common Walls:

Body Type:

Utilities & Green Features

Heating:

Cooling:

Water Source: Public

Sewer: Public Sewer ()

Utilities: for Gas Range,for Electric Range

Electric: 110 Volts,100 Amp Service (Expense: )

Gas:

Energy Certificate:

Green Energy Efficient:

Green Energy Generation:

Green Indoor Air Quality:

Green Water Conservation:

Insulation:

Exterior & Lot Features

Garage Spaces: 2

Covered Spaces: 2

Parking Total: 6

Parking Features: Paved Drive,Off Street,Paved

Pool:

Spa:

Patio/Porch: Porch,Deck

Fencing:

Lot Features: Cleared,Level

View: (, Waterview Y/N: No)

Waterfront:

Road Frontage: Public ()

Road Surface:

Road Responsibility: Public Maintained Road

Other Structures:

Horse Amenities:

Wooded Area:

Pasture Area:

Cultivated Area:

Additional Parcels: (Number: )

Outdoor Space:

Community & Association

Community Features: Public Transportation,Shopping,Sidewalks

Association Fee: ()

Fee Includes:

Association Amenities:

Pets Allowed:

Schools: E: , M: , H:

Zoning: R2 ()

MLS Area: Major: , Minor:

Management:

Optional Fee: (Includes: )

Property 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 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!

Room Details

Living Room (): x ( sqft) - Features:

Dining Room (): x ( sqft) - Features:

Kitchen (): x ( sqft) - Features:

Master Bedroom (): x ( sqft) - Features:

Master Bathroom: Features:

Laundry Dimensions:

Multi-Unit Information (if applicable)

Total Units: 4

Units Owner Occupied:

Unit 1: Beds: 2, Full Baths: 1, Half Baths: 0, Levels: 1, Rent: 1300, Lease: Y

Unit 2: Beds: 2, Full Baths: 1, Half Baths: 0, Levels: 1, Rent: 1100, Lease: N

Unit 3: Beds: 2, Full Baths: 1, Half Baths: 0, Levels: 1, Rent: 0, Lease: N

Unit 4: Beds: 2, Full Baths: 1, Half Baths: 0, Levels: 1, Rent: 0, Lease: N

Complex Complete:

Unit Building:

Financial & Lease Information

Tax Annual Amount: 5648 (Year: 2025)

Tax Assessed Value: 346500

Tax Block/Lot/Book/Map: / / 14541 /

Parcel Number: 2591806

Special Licenses:

Current Financing:

Gross Income: 28800 (Scheduled: )

Net Operating Income: 28800

Operating Expense: (Water/Sewer: , Insurance: )

Financial Data Source:

APOD Available: No

Tenant Pays:

Rent Includes:

Total Actual Rent: 2400

Lease Term: (Existing Type: )

Deposit Required: (Security: , First Month: , Last Month: )

Insurance Required:

References Required:

Listing & Agent Information

Listing Agent: Jason Saphire (MLS ID: CN236778) / Team:

Listing Office: www.HomeZu.com (MLS ID: AN7148)

Agent (Property): 369593

Buyer Agent MLS ID:

Buyer Office MLS ID:

Listing Agreement: Exclusive Agency

Listing Contract Date: 2025-05-08

Expiration Date: 1900-01-01

Original List Price: 499999

Price Per SqFt (List): 130.11

Market Time (Property): 17 (Broker: 17, Prev Broker: 0, Prev Property: 0)

MLS Status: Under Agreement

Possession:

Directions: From Sumner Ave of Springfield, turn to Lester street.

Disclosures: , Y

Lead Paint: Certified Treated

Title 5:

Exclusions:

Contingency: Financing

Special Listing Conditions:

Lender Owned:

Short Sale Lender Approval Required:

Home Warranty Y/N:

Documents Available: (Count: )

Showings Deferral Date:

Open House Flag: 1

Listing Alert: No

Square Feet Disclosures: (Incl. Base: Yes, Other: )

Master Book/Page: / (Page: 0134)

Sale Information (if applicable)

Close Date:

Close Price:

Price Per SqFt (Sold):

Anticipated Sold Date: 2025-06-16T04:00:00.000Z

Concessions Amount:

Purchase Contract Date: 2025-05-12

Sold vs Rent:

System Information

Property ID: 2196975

Modification Timestamp: 2025-05-25T19:39:00.000Z

Bridge Modification Timestamp: 2025-05-25T19:41:15.889Z

Original Entry Timestamp: 2025-05-08T13:42:00.000Z

Status Change Timestamp: 2025-05-25T19:39:00.000Z

Off Market Date: 2025-05-25

Development Status:

Business Type:

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