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!
- Heating System:
- Forced Air, Natural Gas
- Cooling System:
- No
- Basement:
- Full, Interior Entry, Unfinished, Concrete
- Parking:
- Off Street, Paved, Paved Drive
- Construction:
- Frame
- Exterior Unit Features:
- Rain Gutters
- Flooring:
- Tile, Wood, Vinyl, Laminate, Hardwood, Carpet
- Sewer:
- Public Sewer
- Water:
- Public
- Disclosure
- Electric Feature:
- Circuit Breakers, Individually Metered, Varies Per Unit
- Garage Parking
- Interior Features:
- Kitchen, Living Room
- Lead Paint:
- Unknown
- Road Type:
- Paved
- Rent Fee Includes:
- Other (see Remarks)), Unit 2(water, Unit 3(water
- Market Time:
- 4
- Parking Spaces:
- 12
- Tax Year:
- 2025
- Status:
- Active
- Price Per Sqft:
- $198
- Zoning:
- BUS A
- No Units:
- 11
- Orig Price:
- $2,000,000
- LEASE:
- No
- Waterfront:
- No
- MlsStatus:
- Active
- City:
- Ludlow
- State:
- MA
- County:
- Hampden
- Postal Code:
- 01056
- Longitude:
- W73° 31' 30.4''
- Latitude:
- N42° 9' 33.3''
Residential Income
287 East Street, Ludlow, Massachusetts
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Price :
- $2,000,000
- Bedrooms :
- 14
- Rooms :
- 24
- Total Bathrooms :
- 9.5
- Full Bathrooms :
- 8
- Half Bathrooms :
- 3
- Square Footage :
- 10,107 Sqft
- Year Built :
- 1900
- Lot Area :
- 0.37 Acre
- Listing ID :
- 73456912
- Stephen E. Robb
- View website
- 617-212-0251
-
srobb@robbenterprises.com
