Boston Luxury Condos and Apartments
355 Boylston St / (617) 233-5800

287 East Street

Ludlow, MA ID #73456912

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287 East Street

- Ludlow, MA ID #73456912

Property Description

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!

Additional Details

  • Status: ACT
  • Type: Multi-Family, 5-9 Family
  • Zip Code: 01056
  • Taxes: 10,854
  • Levels: 4
  • Acres: 0.37

Parking

  • Garage Capacity: 12
  • Parking: Paved Drive, Off Street, Paved
  • Parking Spaces: 12

Rooms/Dimensions

  • Total Units: 11
  • Total Floors: 4
  • Total Rooms: 24

Location

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287 East Street, Ludlow, MA

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The information in this listing was gathered from third party resources including the seller and public records. Listing information provided courtesy of Kelley & Katzer Team of Kelley & Katzer Real Estate, LLC. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.