287 East Street

Ludlow, MA 01056 Directions
$2,000,000
  • 14Bed
  • 8/3Baths
  • 10,107Sqft
  • 0.37Acres
  • 1900Built
  • $198Price/Sqft

Property Highlights

  • Days on Market: 32
  • MLS: 73456912

Property Highlights

  • Days on Market: 32
  • MLS: 73456912

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...

Property Highlights

  • Days on Market: 32
  • MLS: 73456912

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!

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!

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  • Additional Information
    • Basement Description: Full, Interior Entry, Concrete, Unfinished
    • Days On Market: 32
    • Electrical Features: Circuit Breakers
    • Living Area SqFt: 10107
    • On Market Date: 2025-11-21
    • Parking: Paved, Off Street
    • Parking Spaces: 12
    • Sewer: Public Sewer
    • Tax Amount: $10,854
    • Tax Year: 2025
    • Type: Residential Income
    • Unit Count: 11
    • Year Built: 1900
    • Year Built Details: Approximate
  • Amenities
    • Pool
    • Tennis Court(s)
    • Park
    • Golf
  • Interior/Exterior Features
    • Appliances Included: Gas Water Heater
    • Beds: 14
    • Construction Materials: Frame
    • Exterior Features: Rain Gutters, Porch, Enclosed
    • Flooring: Wood, Tile, Vinyl, Carpet, Laminate, Hardwood
    • Foundation: Block, Brick/Mortar
    • Full Baths: 8
    • Heat: Natural Gas, Forced Air
    • Living SqFt Source: Public Records
    • Roof: Shingle, Other
    • Rooms: 24

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing, leasing or renting listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing, leasing or renting. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein. Listing Courtesy of Kelley and Katzer Team of Kelley & Katzer Real Estate, LLC.

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