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New Side-by-Side Duplex Property

43-45 Leyfred Terrace Springfield, MA 01108

43-45 Leyfred Terrace, Springfield, MA, 01108
$560,000
For Sale
$560,000

Newly built 2025 side-by-side duplex with separate basements, heating, and central air plus rear private parking.

Property Size2,400 SF
Price / SF$233.33
Days on Market163

Property Features for 43-45 Leyfred Terrace

General Information

Standard status
Active
Size
2,400 SF
Property subtype
Multi-family

Building Details

Year Built
2025
Listing agency Coldwell Banker Realty - Western MA
Listed by Marisol Franco
Source Fivecollegerealtors
Added: Feb 9 Updated: Jul 22 at 4:05AM Checked: Jul 22 at 4:05AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Realty - Western MA


Investment Insights

Based on property information with market context.

Newly built in 2025, this side-by-side duplex is designed with townhouse-style layouts and quality finishes. Each unit includes a spacious living room with recessed lighting, an open flow into the dining and kitchen area, granite countertops, and stainless steel appliances. Units also feature a pantry or storage area and a half bathroom on the main level. Upstairs, each side offers three bedrooms and a full bathroom, with wall-to-wall carpeting throughout the upper floor.

The property provides each side its own private basement, along with separate heating systems and central air for independent comfort and operational flexibility. Rear private parking is available for added convenience. The location offers easy access to major highways, downtown, and local shops and services.

With two distinct residential units, private basements, and separate systems, the property supports straightforward owner-occupant or investment use, depending on the buyer’s goals.

Key Highlights

  • Newly built 2025 side‑by‑side duplex with townhouse‑style layouts
  • Each unit includes a living room with recessed lighting, dining area, and kitchen with granite countertops and stainless steel appliances
  • Each unit has a half bath on the main level; upper level features three bedrooms and a full bathroom with wall‑to‑wall carpeting

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $53.3k $22.20
− Vacancy −$2.5k −$1.05
EGI $50.7k $21.15
− OpEx −$15.2k −$6.34
NOI $35.5k $14.80
2,400 SF · lease $22.20/SF/yr · vacancy 4.75% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$507.5K
$444.1K – $592.1K (±1% cap)
NOI $35,524 @ 7.0% cap · market cap 6.34%
Second Best
Apartment 5plus
$451.4K
$395.0K – $526.7K (±1% cap)
NOI $31,601 @ 7.0% cap · market cap 5.64%
Theoretical Best
Office A
$651.7K
$570.2K – $760.3K (±1% cap)
NOI $45,619 @ 7.0% cap · market cap 8.15%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

(Bike/Boat/Book/etc) Store Furniture & Home Goods Gym & Fitness Center HVAC Service Veterinary Clinic Pet Grooming Service Parking Lot & Garage Pet Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Newly built 2025 side-by-side duplex with separate basements, heating, and central air plus rear private parking.
Where is this duplex located?
The property is located at 43-45 Leyfred Terrace Springfield, MA.
What is the asking price?
The asking price for this property is $560,000.
What are key features of this property?
This property features: Newly built 2025 side‑by‑side duplex with townhouse‑style layouts; Each unit includes a living room with recessed lighting, dining area, and kitchen with granite countertops and stainless steel appliances; Each unit has a half bath on the main level; upper level features three bedrooms and a full bathroom with wall‑to‑wall carpeting
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