$438,943
38 Prospect St
Ludlow, MA, 01056
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
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
Tax Year
2025
Taxes
$4,620
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
- Address38 Prospect St Ludlow MA
- CityLudlow
- CountyHampden
- Zip Code01056
Subdivisions in Ludlow
Similar Listings Nearby
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.
Courtesy of The LGCY Group LLC. The property listing data and information 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 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 set forth herein.
38 Prospect St
Ludlow, MA



































