255 Center St, Ludlow MA 01056
Ludlow, MA 01056
$320,000
Est. $2,150/month
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About this home
Two-Family Home with Great Potential & Great Location! This home offers a fantastic opportunity for an owner-occupant, investor, or buyer looking for a property with renovation potential.The first-floor unit needs some TLC, both inside and out, making it ideal for someone ready to put in the work and create something special. The second-floor unit has been remodeled and offers a more updated living space.With two separate units and plenty of potential, this property could be a great investment opportunity. It has plenty of parking with a private driveway on the left side of the house. Whether you're looking to renovate, build equity, or add a property to your portfolio, this two-family home is ready for its next chapter.The home is providing the perfect canvas for someone with a vision to bring it back to life. The beautiful hardwood floors add character and a great foundation for a refreshed interior. With two units, this property has excellent potential for rental income, multi-generational living, or an owner-occupant. This property is ready for someone to bring their ideas, make improvements, and truly make it shine!
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Recently Sold Nearby
Property History
Property Timeline
Listed for Sale
Aug 29, 2026
$320,000
Original listing
Agent: Katherine Riley
Office: Riley Home Realty, LLC
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 08/29/2026 | 🏠 Listed for Sale | $320,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2026 | $3,986 | $249,000 |
Financial Details
Annual Property Tax
$3,986
Tax Year 2026
Assessed Value
$249,000
Facts & Features
Home Facts
Type
Residential Income
Style
Multi Family
Year Built
1954
Living Area
1,596 sq ft
Lot Size
0.33 acres
Stories
4
Bedrooms
4
Full Baths
2
Total Rooms
8
Investment Metrics
Units
2
Unit 1 Rent
— · N
Unit 2 Rent
$800/mo · Y
Total Monthly Rent
$800/mo
Gross Income
$9,600
Net Operating Income
$9,600
Cap Rate
3.00%
Interior
Heating
Forced Air, Natural Gas
Cooling
Window Unit(s)
Flooring
Hardwood, Carpet
Appliances
Range, Microwave, Refrigerator
Fireplace
None
Basement
Dirt Floor
Laundry
None
Features
Bathroom With Shower Stall, Ceiling Fan(s), Walk-up Attic, Storage, Living Room, Kitchen
Exterior
Construction
None
Architecture
None
Roof
None
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
Porch, Enclosed, Deck, Deck - Wood
Parking
Features
Paved Drive, Shared Driveway, Off Street
Total Spaces
4
Utilities
Electric
None
Water
Public
Sewer
Public Sewer
Gas
None
Other
None
Financial
Annual Tax
$3,986
Assessed Value
$249,000
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Lead Paint
Unknown
Seller Disclosures
Do Not Use Back Stairs! Property Being Sold As Is. The Property Does Not Currently Have A Functioning Laundry Area Or Washer/dryer. A Convenient Laundry Facility Is Located Across The Street. There Is A Hook Up In Basement. Never Used. Shared Driveway On Right Side. 2nd Floor Currently Occupied.
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
Sq Ft Source
Public Record
Documents
None
County
Hampden
Property Overview
Property Type
Multi Family
Listing Type
For Sale
Year Built
1954
Bedrooms
4
Full Bathrooms
2
Living Area
1,596 sq ft
Total Rooms
8
Stories
4
Levels
4
Floor Layout
Interactive room guide
Floor Layout
Finished Area
1,596 sq ft above grade
Display Options
Outdoor Areas
Patio & porchPorch, Enclosed, Deck, Deck - Wood
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Hardwood, Carpet
Appliances:
Range, Microwave, Refrigerator
Interior Features:
Bathroom with Shower Stall, Ceiling Fan(s), Walk-Up Attic, Storage, Living Room, Kitchen
Windows:
Basement:
Dirt Floor
Laundry:
Security:
Construction & Materials
Year Built:
1954
Structure Type:
Exterior Materials:
Roof:
Foundation:
Stone, Brick/Mortar
Stories:
4
Heating, Cooling & Utilities
Heating:
Forced Air, Natural Gas
Heating Zones:
2
Cooling:
Window Unit(s)
Hot Water:
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Patio & Porch:
Porch, Enclosed, Deck, Deck - Wood
Fencing:
Other Structures:
Shed(s)
Lot Features:
Road Surface:
Parking & Garage
Total Parking Spaces:
4
Parking Features:
Paved Drive, Shared Driveway, Off Street
Nearby Schools
School District
Ludlow School District local
C
School Safety
2024-25
3.9%
Above Average
3.9%
Suspensions
0.3%
In-School
1.6% below state avg
Elementary Schools
3 schools
St. John The Baptist School
0.5 mi
Grades PK-08
East Street Elementary School
0.9 mi
368 students
Moderate
Grades PK-01
B
Harris Brook Elementary School
0.9 mi
|
#375 of 824
|
Score: 48.3
Improved 230 spots from last year
-9.9 below state avg
593 students
Moderate
Rising School
Grades 02-05
High Schools
1 school
B-
Ludlow Senior High School
1.3 mi
|
#190 of 346
|
Score: 52.1
Dropped 40 spots from last year
-6.1 below state avg
736 students
Moderate
18 sports
• 1,236 athletes
Career Tech Programs
Strong Athletics
Grades 09-12
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Monthly Payment Calculator
Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%
Monthly Payment Breakdown
Principal & Interest
$0
Property Tax
$332
Homeowners Insurance
$200
PMI (if <20% down)
$0
Loan Summary
Total of 360 payments
$0
Total principal paid
$0
Total interest paid
$0
Rate Impact
-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo
Payment Over Time
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.
Location
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Neighborhood
255 Center St, Ludlow MA 01056
Ludlow, MA 01056
Listing Information
Listing Agent
Katherine Riley
Listing Office
Riley Home Realty, LLC
Office Phone
413-537-1697
Agent MLS ID
CN244262
Office MLS ID
AN6731
Listing Data Updated
Aug 28, 2026 8:58 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.
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