38 Prospect St Ludlow, MA 01056
Estimated payment $2,715/month
Highlights
- Golf Course Community
- Community Stables
- Deck
- East Street Elementary School Rated A-
- Medical Services
- Property is near public transit and schools
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
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,620
Year Built
- Built in 1919
Parking
- 2 Car Garage
- Driveway
- 4 Open Parking Spaces
- Off-Street Parking
Home Design
- Shingle Roof
- Concrete Perimeter Foundation
Interior Spaces
- 1,697 Sq Ft Home
- Property has 1 Level
- Insulated Windows
- Wood Flooring
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Schools
- East Street Elementary School
- Paul R Baird Middle School
- Ludlow Senior High School
Additional Features
- Deck
- 5,009 Sq Ft Lot
- Property is near public transit and schools
- 2 Heating Zones
Listing and Financial Details
- Assessor Parcel Number M:15A B:11950 P:327,2555640
Community Details
Overview
- 2 Units
- Near Conservation Area
Amenities
- Medical Services
- Shops
- Coin Laundry
Recreation
- Golf Course Community
- Tennis Courts
- Community Pool
- Park
- Community Stables
- Jogging Path
- Bike Trail
Building Details
- Net Operating Income $30,000
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $4,620 | $266,300 | $70,600 | $195,700 |
| 2024 | $4,409 | $243,700 | $70,500 | $173,200 |
| 2023 | $4,349 | $222,900 | $61,900 | $161,000 |
| 2022 | $4,284 | $214,300 | $61,900 | $152,400 |
| 2021 | $4,136 | $196,200 | $61,900 | $134,300 |
| 2020 | $3,959 | $192,000 | $61,000 | $131,000 |
| 2019 | $3,712 | $187,300 | $60,400 | $126,900 |
| 2018 | $3,559 | $187,200 | $60,400 | $126,800 |
| 2017 | $3,389 | $182,900 | $58,600 | $124,300 |
| 2016 | $3,031 | $167,200 | $57,400 | $109,800 |
| 2015 | $2,759 | $159,600 | $56,800 | $102,800 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/14/2026 04/14/26 | For Sale | $438,943 | +125.1% | $259 / Sq Ft | |
| 07/14/2015 07/14/15 | Sold | $195,000 | -9.3% | $115 / Sq Ft | View Prior Sale |
| 06/14/2015 06/14/15 | Pending | -- | -- | -- | |
| 03/23/2015 03/23/15 | For Sale | $214,900 | -- | $127 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | $195,000 | -- | |
| Quit Claim Deed | $195,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $100,000 | New Conventional | |
| Closed | $100,000 | New Conventional |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73500987
APN: LUDL-151195-000000-A000327
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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.
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Ask me questions while you tour the home.