36-38 Franklin St, Ludlow MA 01056

Ludlow, MA 01056
$425,000
Est. $2,796/month
5
Beds
2
Baths
2,400
Sq Ft
$177
Price/Sq Ft
0.29
Acres
1954
Year Built
2
Garage Spaces
13 hours 55 minutes
Time on Market
For Sale Listed Aug 17, 2026 • MLS# 73564506 Copied! • Updated Aug 17, 2026

Track this home for price, status, and open-house alerts.

About this home

This side-by-side duplex presents a compelling investment opportunity within the heart of a desirable community. Is is within walking distance from the Lustiano Stadium, Germio Lustiano Portuguese Club, Our Lady of Fatima Church, shops, and the Ludlow River Walk. The generous lot provides ample outdoor space with access to two streets, enhancing the appeal of this versatile offering. This was originally a 6 bedroom multi-family, however, a closet was removed in one of the bedrooms to expand a bathroom. Thus the public records showing it as a 5 bedroom home. Both units were deleaded (2003 and 1998) and received letters of full deleading compliance. Updates include stainless steel liners with new caps and flashing in the chimneys (~2015), new plywood and 40 year architectural shingles on house, shed, and garage (~2012), cement driveway and sidewalk (Franklin St side), small outdoor storage space under Unit 36 stairs, gutted and renovated bathroom in Unit 38 (~2020), new flooring in Unit 36 bathroom (~2025), custom built on-site 24x16 ft shed (~2013), large 28 x 16 trex deck on Unit 38 side (~2009) (all APO). Both units will be vacant at the time of closing. Perfect for an owner occupant or an investor looking to add a fantastic duplex to their portfolio!

BMN Estimate

Get the number an algorithm can't give you

A free agent CMA factors in condition, upgrades, and the street — the things comps alone can't see.

Recently Sold Nearby

Property History

Property Timeline

🏠
Listed for Sale
Aug 17, 2026
$425,000
Original listing
Office: Home Equity Assets Realty, LLC

Tax History

Year Taxes Assessment
2026 $5,359 $334,700

Financial Details

Annual Property Tax
$5,359
Tax Year 2026
Assessed Value
$334,700

Facts & Features

2 Car Garage

Home Facts

Type Residential Income
Style Duplex
Year Built 1954
Living Area 2,400 sq ft
Lot Size 0.29 acres
Stories 4
Bedrooms 5
Full Baths 2
Total Rooms 14

Investment Metrics

Units 2
Unit 1 Rent $1,450/mo · N
Unit 2 Rent $1,200/mo · N
Total Monthly Rent $2,650/mo
Gross Income $31,800
Net Operating Income $31,800
Cap Rate 7.48%
Heating None
Cooling None
Flooring Wood, Carpet, Varies, Laminate
Appliances None
Fireplace None
Basement Full
Laundry None
Features None
Construction None
Architecture None
Roof None
Features Rain Gutters
Pool None
Spa None
Fencing None
Patio/Porch Porch, Enclosed, Deck - Composite, Patio
Garage Spaces 2
Has Garage Yes
Features Off Street, Driveway, Paved
Total Spaces 6
Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $5,359
Assessed Value $334,700
Fee Includes None
Amenities None
Optional Fee Includes None
Lead Paint Certified Treated
Seller Disclosures None
Exclusions Cross Bar For Flag Pole. Snowblower And Lawn Mower. Some Appliances Belong To Tenants.
Possession None
Accepted Financing Contract
Structure Type []
House Color Blue
Sq Ft Source Public Record
Sq Ft Disclosures Public records indicates 5 bedrooms. 6th bedroom exists but does not have a closet.
Documents None
County Hampden

Property Overview

Property Type
Duplex
Listing Type
For Sale
Year Built
1954
Bedrooms
5
Full Bathrooms
2
Living Area
2,400 sq ft
Total Rooms
14
Stories
4
Levels
4

Floor Layout

Interior Features

Flooring: Wood, Carpet, Varies, Laminate
Appliances:
Interior Features:
Windows:
Basement: Full
Laundry:
Security:

Construction & Materials

Year Built: 1954
Structure Type:
Exterior Materials:
Roof:
Foundation: Block
Stories: 4

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Rain Gutters
Patio & Porch: Porch, Enclosed, Deck - Composite, Patio
Fencing:
Other Structures: Shed(s)
Lot Features: Level
Road Surface:

Parking & Garage

Garage Spaces: 2
Total Parking Spaces: 6
Parking Features: Off Street, Driveway, Paved

Nearby Schools

School information not available for this location.

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 $447
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

Interest
Principal
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

Loading map...

Neighborhood

36-38 Franklin St, Ludlow MA 01056

Ludlow, MA 01056

Listing Information

Listing Agent Tiffany Sanchez
Listing Office Home Equity Assets Realty, LLC
Office Phone 413-328-0799
Agent MLS ID CN231413
Office MLS ID AC1163
Listing Data Updated Aug 17, 2026 12:13 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

Contact Us

BMN Boston Real Estate
BMN Boston Real Estate
Douglas Elliman
Ask about this property — free, no obligation.

Similar Homes for Sale

Comparable Properties

Customize Comparable Search

Finding comparable properties...

Market Analytics for Ludlow, MA

Real-time market trends and pricing data for this area

Loading market insights for Ludlow.