287 East Street, Ludlow MA 01056

Ludlow, MA 01056

$2,000,000

Est. $11,218/month

14

Beds

9.5

Baths

10,107

Sq Ft

$198

Price/Sq Ft

0.37

Acres

1900

Year Built

5-9 Family

Type

96

Days on Market

Active Listed Nov 21, 2025 • MLS# 73456912 Copied!

About this home

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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Property Overview

Property Type

5-9 Family

Listing Type

For Sale

Year Built

1900

Bedrooms

14

Full Bathrooms

8

Half Bathrooms

3

Living Area

10,107 sq ft

Total Rooms

24

Stories

4

Levels

4

Facts & Features

Home Facts

Type Residential Income

Style 5-9 Family

Year Built 1900

Living Area 10,107 sq ft

Lot Size 0.37 acres

Bedrooms 14

Full Baths 8

Half Baths 3

Total Rooms 24

Interior

Heating Forced Air, Natural Gas

Cooling None

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

Appliances None

Fireplace None

Basement Full, Interior Entry, Concrete, Unfinished

Laundry None

Features Living Room, Kitchen

Exterior

Construction Frame

Architecture None

Roof Shingle, Other

Features Rain Gutters

Pool None

Spa None

Fencing None

Patio/Porch Porch, Enclosed

Parking

Features Paved Drive, Off Street, Paved

Total Spaces 12

Utilities

Electric Circuit Breakers, Individually Metered, Varies Per Unit

Water Public

Sewer Public Sewer

Gas None

Other Varies Per Unit

Financial

Annual Tax $10,854

Assessed Value $625,600

Interior Features

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

Appliances:

Interior Features: Living Room, Kitchen

Windows: Insulated Windows

Basement: Full, Interior Entry, Concrete, Unfinished

Laundry:

Security:

Construction & Materials

Year Built: 1900

Structure Type:

Exterior Materials: Frame

Roof: Shingle, Other

Foundation: Block, Brick/Mortar

Stories: 4

Heating, Cooling & Utilities

Heating: Forced Air, Natural Gas

Cooling: None

Hot Water: Natural Gas, Tank

Water Source: Public

Sewer: Public Sewer

Energy Features:

Exterior & Lot

Exterior Features: Rain Gutters

Patio & Porch: Porch, Enclosed

Fencing:

Other Structures:

Lot Features:

Road Surface: Paved

Parking & Garage

Total Parking Spaces: 12

Parking Features: Paved Drive, Off Street, Paved

Location

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Neighborhood

287 East Street, Ludlow MA 01056

Ludlow, MA 01056

Walkability

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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

E

Elementary Schools

3 schools

St. John The Baptist School

< 0.1 mi

Grades PK-08

East Street Elementary School

0.4 mi

368 students Moderate

Grades PK-01

C-

Indian Orchard Elementary School

1.0 mi | #681 of 824 | Score: 36.7

Improved 121 spots from last year

-21.5 below state avg

580 students Diverse

Rising School

Grades PK-05

M

Middle Schools

2 schools

F

John F Kennedy Middle School

1.9 mi | #339 of 352 | Score: 26.5

Dropped 2 spots from last year

-31.7 below state avg

366 students Moderate

Grades 06-08

B+

Wilbraham Middle School

2.0 mi | #111 of 352 | Score: 48.1

Improved 68 spots from last year

-10.1 below state avg

613 students Moderate

Rising School Strong Attendance

Grades 06-08

H

High Schools

2 schools

B-

Ludlow Senior High School

1.2 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

F

Springfield Public Day High School

1.6 mi | #334 of 346 | Score: 23.6

Dropped 83 spots from last year

-34.6 below state avg

65 students Moderate

College Ready Curriculum

Grades 09-12

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Year 1

95% Interest

Year 15

50/50

Year 30

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Property History

Property Timeline

🏠

Listed for Sale

Nov 21, 2025

$2,000,000

Original listing

Agent: Kelley & Katzer Team Office: Kelley & Katzer Real Estate, LLC

Date	Event	Price	Change	$/sqft	Details
11/21/2025	🏠 Listed for Sale	$2,000,000	-	-	Original listing

Price & Status History

Date	Event	Price	Change
Nov 21, 2025	New Listing Added	$2,000,000	—

Market Statistics

Days on Market

96 days

Price per Sq Ft

$198

Tax History

Year	Taxes	Assessment
2025	$10,854	$625,600

Financial Details

Annual Property Tax

$10,854

Tax Year 2025

Assessed Value

$625,600

Elementary Schools

Middle Schools

High Schools

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287 East Street, Ludlow MA 01056

About this home

Property Overview

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Home Facts

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Parking

Utilities

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Interior Features

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Heating, Cooling & Utilities

Exterior & Lot

Parking & Garage

Location

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High Schools

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