$499,999
58-60 Lester Street
Springfield, MA, 01108
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!
Property Details
Price:
$499,999
MLS #:
73371703
Status:
Active
Beds:
8
Baths:
4
Address:
58-60 Lester Street
Type:
Multi Family
Subtype:
4 Family
Neighborhood:
Forest Park
City:
Springfield
Listed Date:
May 8, 2025
State:
MA
Finished Sq Ft:
3,843
Total Sq Ft:
3,843
ZIP:
01108
Lot Size:
6,726 sqft / 0.15 acres (approx)
Year Built:
1922
Units:
4
Schools
Interior
Bathrooms
4 Full Bathrooms
Flooring
Tile, Hardwood
Exterior
Community Features
Public Transportation, Shopping, Sidewalks
Construction Materials
Frame
Exterior Features
Balcony
Parking Features
Paved Drive, Off Street, Paved
Parking Spots
6
Roof
Shingle
Financial
Tax Year
2025
Taxes
$5,648
Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…
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58-60 Lester Street
Springfield, MA
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