287 East Street, Ludlow, MA 01056

Local realty services provided by:Better Homes and Gardens Real Estate The Masiello Group
287 East Street,Ludlow, MA 01056
$2,000,000
  • 14 Beds
  • 11 Baths
  • 10,107 sq. ft.
  • Multi-family
  • Active
Listed by: kelley & katzer team
Office: kelley & katzer real estate, llc
MLS#:73456912
Source:MLSPIN

Price summary

  • Price:$2,000,000
  • Price per sq. ft.:$197.88

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!

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with a BHGRE®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a BHGRE®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (CENTURY 21® , Coldwell Banker® , Corcoran® , ERA® , Sotheby's International Realty® ).
 I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1900
  • Listing ID #:73456912
  • Updated:January 03, 2026 at 11:38 AM

Rooms and interior

  • Bedrooms:14
  • Total bathrooms:11
  • Full bathrooms:8
  • Half bathrooms:3
  • Living area:10,107 sq. ft.

Heating and cooling

  • Heating:Forced Air, Natural Gas

Structure and exterior

  • Roof:Shingle
  • Year built:1900
  • Building area:10,107 sq. ft.
  • Lot area:0.37 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$2,000,000
  • Price per sq. ft.:$197.88
  • Tax amount:$10,854 (2025)
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.