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Sold on 05/12/2025
  • Exterior
  • Bath
  • Kitchen
  • Living
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  • Entry Way

58-60 Lester St, Springfield, MA 01108

  • $507,000

    Last sold 05/12/2025 for $475K

  • 8

    bed

  • 4

    bath

  • 3,843

    Sqft ($124/Sqft)

Multi-family not for sale
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About 58-60 Lester St

Property type Multi-family
Neighborhood
Year built 1922
HOA fee $0/month
Lot size 6,726 Sqft
Movoto estimate
Parking 2 garage spaces
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!
Listed by
Listing Agent - Jason Saphire
Listing Office - www.HomeZu.com
Source: MLS Property Information Network, Inc. mls logo
MLS#73371703 • last updated 1 year ago
Movoto checked MLS Property Information Network, Inc. for data 1 minute ago
Overview
Levels/Style 6, 6
MLS # 73371703
Type Residential Income
Status Pending
SubType 4 Family
SqFt 3843
Lot Size (SqFt) 6726
Lot Size (Acres) 0.15
Annual Property Tax 5648
Year Built 1922
Interior
Total # of Bathrooms 4
# Full Baths 4
Total # of Bedrooms 8
Basement Full, Walk-Out Access, Unfinished
Total # of Rooms 20
Flooring Tile, Hardwood
Door Features Storm Door(s)
Exterior
Foundation Block
Roof Shingle
Construction Frame
# Covered Spaces 2
Parking Desc Paved Drive, Off Street, Paved
# Parking Spaces 6
# Garage Spaces 2
Exterior Features Balcony
Patio/ Porch Porch, Deck
Lot Desc Cleared, Level
Amenities / Utilities
Sewer Public Sewer
Utilities For Gas Range, for Electric Range
Electricity 110 Volts, 100 Amp Service
Water Source Public
Location
County Hampden
Community Features Public Transportation, Shopping, Sidewalks
Zoning R2
APN 2591806
Directions From Sumner Ave Of Springfield, Turn To Lester Street.
Multifamily Details
Net Operating Income 28800
Total Actual Rent 2400
Gross Income 28800
Lot/ Land Details
Road Frontage Public
Road Responsibility Public Maintained Road
$507K
Range: $390K-$623K
Last 30 days 
  • Jun 2025
    mls logo MLS # 73371703
  • Jun 18, 2025 Sold
    $475,000 (-5.0%)
  • May 15, 2025 Active
    —
  • May 8, 2025 Listed
    $499,999
  • Jul 2024
    mls logo MLS # 73268533
  • Jul 23, 2024 Listed
    $499,999 (+156.3%)
  • Oct 2004
    Public Records
  • Oct 6, 2004 Sold
    $195,100 (+160.1%)
  • Sep 2003
    Public Records
  • Sep 19, 2003 Sold
    $75,000
  • Year Property taxes Tax assessment
  • 2025
    $5,502 -1.1%
    $350,900 +1.27%
  • 2024
    $5,565 +9.1%
    $346,500 +15.85%
  • 2023
    $5,100 +15.6%
    $299,100 +27.66%
  • 2022
    $4,410 +4.1%
    $234,300 +4.5%
  • 2021
    $4,237
    $224,200
  • 58-60 Lester St
    $475K
  • Forest Park
    $327K 0% y/y
  • 01108
    $275K -11% y/y
  • Springfield
    $302K +1% y/y
No chart available
Statistics calculated by Movoto

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6/10
White Street School
public Grades PK, K-5
Springfield School District
2/10
Forest Park Middle School
public Grades 6-8
Springfield School District
2/10
High School Of Commerce
public Grades 9-12
Springfield School District
2/10
High School/Science-Tech
public Grades 9-12
Springfield School District
Source: GreatSchools.org © 2026. All rights reserved.

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