38 Prospect St Ludlow MA 01056 MLS #73500987

38 Prospect St
Ludlow, MA, 01056
$438,943
4 Beds
2 Baths
1,697 SqFt
0.11 Acres
$438,943
38 Prospect St
Ludlow, MA, 01056
MLS #73500987 image #0
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

Property Details

Price:
$438,943
MLS #:
73500987
Status:
Active
Beds:
4
Baths:
2
Type:
Multi Family
Listed Date:
Apr 14, 2026
Finished Sq Ft:
1,697
Total Sq Ft:
1,697
Lot Size:
5,009 sqft / 0.11 acres (approx)
Year Built:
1919
Units:
2
PoolTennisEast StreetPaul R BairdLudlow Senior

Schools

Elementary School:
East Street
Middle School:
Paul R Baird
High School:
Ludlow Senior

Interior

Above Grade Finished Area
1697
Bathrooms
2 Full Bathrooms
Flooring
Hardwood
Levels
2

Exterior

Community Features
Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Stable(s), Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station, University
Covered Spaces
2
Garage Spaces
2
Open Parking Spaces
4
Open Parking YN
1
Parking Features
Paved Drive, Off Street
Parking Spots
6
Parking Total
6
Patio And Porch Features
Deck
Roof
Shingle
Stories
2
Window Features
Insulated Windows

Financial

Net Operating Income
$30,000
Tax Year
2025
Taxes
$4,620
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Marie Andrews

Marie Andrews

RealtorĀ®, Broker/Owner, GBREB, Notary Public

Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…

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Map

Current real estate data for Multi Family in Ludlow as of May 05, 2026
3
Multi Family Listed
23
Avg DOM
259
Avg $ / SqFt
$402,314
Avg List Price

Community

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Property Summary

    38 Prospect St Ludlow MA is a Multi Family for sale in Ludlow, MA, 01056. It is listed for $438,943 To schedule a showing of MLS#73500987 at 38 Prospect St in Ludlow, MA, contact your Pegasus Realty LLC agent at 781-858-3505.
38 Prospect St
Ludlow, MA