38 Prospect St, Ludlow MA 01056

Ludlow, MA 01056

$438,943

Est. $2,805/month

Beds

Baths

1,697

Sq Ft

$259

Price/Sq Ft

0.11

Acres

1919

Year Built

Multi Family

Type

7 hours 1 minute

Time on Market

Active Open House Listed Apr 14, 2026 • MLS# 73500987 Copied!

About this home

Welcome to 38 Prospect St! This meticulously maintained 2 Unit Multifamily in Ludlow is an incredible opportunity for both investors and owner occupants. Updated throughout, this property offers 1,697 sqft of living space, with each unit featuring a comfortable 2 bed, 1 bath layout.Set on a generous 5,009 sqft lot, the exterior boasts plenty of off street parking, a shed, and a highly desirable detached 2 car garage. Location is everything, and this home delivers! You are just minutes away from major highways, commuter routes, and some of the areas best amenities, shopping, and dining.With long term tenants at will already in place, this property offers immediate income potential and endless possibilities. Whether you are looking to house hack or expand your portfolio, this is an absolute must see. Opportunities like this do not last long. **Showings will be held at the open house on 4/18/26

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Property Overview

Property Type

Multi Family

Listing Type

For Sale

Year Built

1919

Bedrooms

Full Bathrooms

Living Area

1,697 sq ft

Total Rooms

Stories

Levels

Open House Schedule

Apr

Saturday, April 18

9:45 AM - 10:45 AM EDT

Facts & Features

2 Car Garage

Home Facts

Type Residential Income

Style Multi Family

Year Built 1919

Living Area 1,697 sq ft

Lot Size 0.11 acres

Bedrooms 4

Full Baths 2

Total Rooms 8

Interior

Heating None

Cooling None

Flooring Hardwood

Appliances None

Fireplace None

Basement Full

Laundry None

Features None

Exterior

Construction None

Architecture None

Roof Shingle

Features None

Pool None

Spa None

Fencing None

Patio/Porch Deck

Parking

Garage Spaces 2

Has Garage Yes

Features Paved Drive, Off Street

Total Spaces 6

Utilities

Electric Circuit Breakers

Water Public

Sewer Public Sewer

Gas None

Other For Electric Range

Financial

Annual Tax $4,620

Assessed Value $266,300

Interior Features

Flooring: Hardwood

Appliances:

Interior Features:

Windows: Insulated Windows

Basement: Full

Laundry:

Security:

Construction & Materials

Year Built: 1919

Structure Type:

Exterior Materials:

Roof: Shingle

Foundation: Concrete Perimeter

Stories: 2

Heating, Cooling & Utilities

Heating:

Heating Zones: 2

Cooling:

Hot Water: Natural Gas

Water Source: Public

Sewer: Public Sewer

Energy Features:

Exterior & Lot

Exterior Features:

Patio & Porch: Deck

Fencing:

Other Structures:

Lot Features:

Road Surface:

Parking & Garage

Garage Spaces: 2

Total Parking Spaces: 6

Parking Features: Paved Drive, Off Street

Location

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Neighborhood

38 Prospect St, Ludlow MA 01056

Ludlow, MA 01056

Walkability

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Nearby Schools

School District

Ludlow School District local

⚠ 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

0.1 mi

Grades PK-08

East Street Elementary School

0.4 mi

368 students Moderate

Grades PK-01

C-

Indian Orchard Elementary School

1.1 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

Middle Schools

1 school

John F Kennedy Middle School

2.0 mi | #339 of 352 | Score: 26.5

Dropped 2 spots from last year

-31.7 below state avg

366 students Moderate

Grades 06-08

High Schools

2 schools

B-

Ludlow Senior High School

1.1 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

Springfield Public Day High School

1.7 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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Property Tax $385

Homeowners Insurance $200

PMI (if <20% down) $0

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Year 1

95% Interest

Year 15

50/50

Year 30

95% Principal

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Property History

Property Timeline

🏠

Listed for Sale

Apr 14, 2026

$438,943

Original listing

Agent: Jaquaine Coe Office: The LGCY Group LLC

Date	Event	Price	Change	$/sqft	Details
04/14/2026	🏠 Listed for Sale	$438,943	-	-	Original listing

Price & Status History

Date	Event	Price	Change
Apr 14, 2026	New Listing Added	$438,943	—

Market Statistics

Time on Market

7 hours 1 minute

Price per Sq Ft

$259

Tax History

Year	Taxes	Assessment
2025	$4,620	$266,300

Financial Details

Annual Property Tax

$4,620

Tax Year 2025

Assessed Value

$266,300

Listing Information

Listing Agent Jaquaine Coe

Listing Office The LGCY Group LLC

Agent MLS ID NB115348

Office MLS ID AN6777

Listing Data Updated Apr 14, 2026 8:53 AM 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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38 Prospect St, Ludlow MA 01056

About this home

Property Overview

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Home Facts

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Parking

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Interior Features

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Heating, Cooling & Utilities

Exterior & Lot

Parking & Garage

Location

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