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!
Sold for $475,000 on 06/16/25
$475,000
58-60 Lester St, Springfield, MA 01108
8beds
3,843sqft
4 Family
Built in 1922
-- sqft lot
$-- Zestimate®
$124/sqft
$-- Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: June 18, 2025 at 04:11pm
Listed by:
Jason Saphire,
www.HomeZu.com
Bought with:
Moussa Hamadeh
Berkshire Hathaway HomeServices Realty Professionals
Source: MLS PIN,MLS#: 73371703
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
 - Bathrooms: 4
 - Full bathrooms: 4
 
Features
- Flooring: Tile, Hardwood
 - Doors: Storm Door(s)
 - Basement: Full,Walk-Out Access,Unfinished
 - Has fireplace: No
 
Interior area
- Total structure area: 3,843
 - Total interior livable area: 3,843 sqft
 - Finished area above ground: 1,931
 - Finished area below ground: 1,912
 
Property
Parking
- Total spaces: 6
 - Parking features: Paved Drive, Off Street, Paved
 - Garage spaces: 2
 - Has uncovered spaces: Yes
 
Features
- Patio & porch: Porch, Deck
 - Exterior features: Balcony
 
Lot
- Size: 6,726 sqft
 - Features: Cleared, Level
 
Details
- Parcel number: 2591806
 - Zoning: R2
 
Construction
Type & style
- Home type: MultiFamily
 - Property subtype: 4 Family
 
Materials
- Frame
 - Foundation: Block
 - Roof: Shingle
 
Condition
- Year built: 1922
 
Utilities & green energy
- Electric: 110 Volts, 100 Amp Service
 - Sewer: Public Sewer
 - Water: Public
 - Utilities for property: for Gas Range, for Electric Range
 
Community & neighborhood
Community
- Community features: Public Transportation, Shopping, Sidewalks
 
Location
- Region: Springfield
 
HOA & financial
Other financial information
- Total actual rent: 2400