$2,000,000

287 East Street, Ludlow, MA 01056

  • 14 beds |
  • 11 baths |
  • 10,107 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1900
  • Property Lot Size Icon0.37acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $198/sqft
  • Property List Date Icon Listed 12 days ago

Property Description

Exceptional 11-unit mixed-use investment property featuring a 3-storefront mixed-use building w/5 residential apartments above, a renovated Two-Family, and an updated Single-Family home all on one lot w/plenty of parking & great location. The mixed-use building offers newer roof (’21), updated façade/mechanicals, full basements, 3 store front units and 5 residential apartments w/long-term tenants. The Two-Family includes updated kitchens/baths, enclosed porches, separate utilities, newer roof (APO ±4 yrs), newer hot water tanks, and American Standard FHA gas units (’20/’21). The Single-Family features vinyl siding, updated roof, FHA gas heat (’18/’19), Rheem HW tank (’21), and updated kitchen/bath. Strong rental history with several recent upgrades across the units. Income-producing with upside—current NOI approx. $95K+/yr with stabilized potential around $119K+/yr per owner. Fantastic opportunity to own a turn-key, mixed-use cash-flow asset with proven performance and room to grow!

Listing Status:
Active
Date Added:
November 20, 2025 at 06:00AM
Listing Office:
Kelley & Katzer Real Estate, LLC : 413-209-9933
Listing Agent:
Kelley & Katzer Team : 413-209-9933
MLS ID:
73456912
  • General: Living RoomKitchen
  • Basement: FullInterior EntryConcreteUnfinished
  • Flooring: WoodTileVinylCarpetLaminateHardwood
  • A/C: None
  • Heating: Forced AirNatural Gas
  • Fireplace: Fireplaces: 0
  • General: Rain Gutters
  • Parking: Paved DriveOff StreetPaved
  • Roofing: ShingleOther
  • Windows: Insulated Windows
  • General: Frame4BlockBrick/Mortar
  • Road/Access: Public
  • Originating MLS: MLS Property Information Network
  • County: Hampden
  • Zoning: BUS AM:14B B:4900 P:422551678
  • Utilities: Varies per UnitCircuit BreakersIndividually MeteredVaries per Unit
  • Water: Public
  • Sewer: Public Sewer
  • Source: MLS Property Information Network

This listing courtesy of Kelley & Katzer Team, Kelley & Katzer Real Estate, LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

E

East Street Elementary School

508 East St, Ludlow, MA, 01056

Grades PK-1

0.43 miles away

P

Paul R Baird Middle School

1 Rooney Rd, Ludlow, MA, 01056

Grades 6-8

1.18 miles away

L

Ludlow Senior High School

500 Chapin St, Ludlow, MA, 01056

Grades 9-12

0.99 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.