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58-60 Lester Street

Forest Park, Springfield, MA 01108
$475,000
8 Beds
4 Baths
3,843 Living Area
  • 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!
  • Highlights
    • Area: Forest Park
    • Parking Spots: 8
    • Property Type: 4 Family
    • Total Rooms: 20
    • Status: Closed
    • Levels: 4
    • Property Class: Residential Income
    • Stories: 4
    • Year Built: 1922
  • Additional Details
    • Basement: Full, Walk-Out Access, Unfinished
    • Exterior Features: Balcony
    • Foundation: Block
    • Road Frontage Type: Public
    • SqFt Source: Public Record
    • Year Built Details: Approximate
    • Zoning: R2
    • Construction: Frame
    • Flooring: Tile, Hardwood
    • Lot Features: Cleared, Level
    • Roof: Shingle
    • Total Number of Units: 4
    • Year Built Source: Public Records
  • Amenities
    • Community Features: Public Transportation, Shopping, Sidewalks
    • Parking Features: Paved Drive, Off Street, Paved
    • Covered Parking Spaces: 2
  • Utilities
    • Electric: 110 Volts, 100 Amp Service
    • Water Source: Public
    • Sewer: Public Sewer
  • Fees / Taxes
    • Assessed Value: $346,500
    • Taxes: $5,648
    • Tax Year: 2025
    • Total Rent: $2,400

Location

58-60 Lester Street, Springfield, MA 01108

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Content © 2026 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records. Listing information provided courtesy of Berkshire Hathaway HomeServices Realty Professionals. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
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