MA
Hampden
Ludlow
01056
287 East Street
287 East Street, Ludlow, MA 01056
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Listing Type
Multi Family
Listing Status
Active
42
$2,000,000

Home Details for 287 East Street

Price
$2,000,000
Type
Residential Income
Bedrooms
14
Bathrooms
11.0
Square feet
10107
Year built
1900
Lot size acres
0.37
County
Hampden
Total rooms
24
Garage
Basement
Full, Interior Entry, Concrete, Unfinished
Days on site
21
MLS Listing#
73456912
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!

Property Features
  • Basement
    • Full
    • Interior Entry
    • Concrete
    • Unfinished
  • Heating Information
    • Natural Gas
    • Forced Air
  • Parking
    • Paved
    • Off Street
  • Cooling Information
    • None
  • Water Features
    • Public
Listing Courtesy: Kelley & Katzer Real Estate, LLC - 413-209-9933
Presented by: Kelley & Katzer Team
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Market statistics compiled from data from Massachusetts Association of REALTORS.
EXIT PREMIER REAL ESTATE
85 Wilmington Road, Burlington, MA 01803
Brenda Cahoon
License #: 9049354
REALTOR®, MAR
Office
781 270 4770
Agent
781 910 5770
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