MA > Ludlow
Ludlow, MA 01056,287 East Street
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Ludlow, MA 01056,287 East Street
Ludlow, MA 01056,287 East Street
Ludlow, MA 01056,287 East Street
Ludlow, MA 01056,287 East Street
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William Phipps

William Phipps

Engel & Völkers

+1(857) 205-1064
$ 2,000,000
Est. payment /mo
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Open Sat 12PM-1PM

287 East Street Ludlow, MA 01056

14 Beds

9.5 Baths

10,107 SqFt

Open House

Sat Nov 22, 12:00pm - 1:00pm

Sun Nov 23, 10:00am - 11:00am

UPDATED:

Key Details

Property Type Multi-Family

Sub Type 5-9 Family

Listing Status Active

Purchase Type For Sale

Square Footage 10,107 sqft

Price per Sqft $197

MLS Listing ID 73456912

Bedrooms 14

Full Baths 8

Half Baths 3

Year Built 1900

Annual Tax Amount $10,854

Tax Year 2025

Lot Size 0.370 Acres

Acres 0.37

Property Sub-Type 5-9 Family

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!

Location

State MA

County Hampden

Zoning BUS A

Direction Corner of East Street and Highland Avenue

Rooms

Basement Full, Interior Entry, Concrete, Unfinished

Interior

Interior Features Living Room, Kitchen

Heating Forced Air, Natural Gas

Cooling None

Flooring Wood, Tile, Vinyl, Carpet, Laminate, Hardwood

Exterior

Exterior Feature Rain Gutters

Community Features Public Transportation, Shopping, Pool, Tennis Court(s), Park, Golf, Medical Facility, Laundromat, Conservation Area, Highway Access, House of Worship, Public School

Utilities Available Varies per Unit

Roof Type Shingle,Other

Total Parking Spaces 12

Garage No

Building

Story 4

Foundation Block, Brick/Mortar

Sewer Public Sewer

Water Public

Others

Senior Community false

Listed by Kelley & Katzer Real Estate, LLC
William Phipps

William Phipps

Advisor | License ID: 9588231

+1(857) 205-1064

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287 East Street