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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

More Info

Basic Information

  • Gross Income $30,000
  • Mls StatusBack on Market
  • Parcel Number M:15A B:11950 P:327,2555640

Rooms

  • Bathroom2
  • Bathrooms Total Decimal 2
  • Bedrooms4
  • Full Bath2

Location

  • Address38 Prospect Street
  • Building Number38
  • CountyHampden
  • StateMA
  • StreetProspect Street
  • TownLudlow
  • Zip01056

Property Information

  • Building Area Source Public Records
  • Living Area 1,697
  • Lot Size Square Feet 5,009
  • Lot Size Units Acres
  • Square Feet1,697

Other

  • Date Listed04/14/2026
  • Farm Land Area Units Square Feet
  • View Count1

Tax Information

  • Tax Assessed Value $266,300
  • Tax Year 2025
  • Taxes$4,620

Parking

  • Covered Spaces 2
  • Garage YN Yes
  • Open Parking YN Yes
  • Parking Features Paved Drive, Off Street
  • Parking Spaces6

Building

  • BasementFull
  • Building Area Units Square Feet
  • FoundationConcrete Perimeter
  • Garage Spaces2
  • Levels 2
  • Patio And Porch Features Deck
  • Rooms8
  • Stories2
  • Units2
  • Utilities For Electric Range
  • Window Features Insulated Windows
  • Year Built1919
  • Year Built Details Actual
  • Year Built Source Public Records

School Information

  • Elementary SchoolEast Street
  • High SchoolLudlow
  • High School Ludlow Senior
  • Junior HighPaul R Baird

Basic Information

  • List Price$415,900
  • MLS Number73500987
  • Modification Date06/28/2026
  • Property SubTypeMulti Family

Property

  • Acreage0.11

Interior

  • Flooring Hardwood

Exterior

  • RoofShingle

Utilities

  • Electric Circuit Breakers
  • Sewer Public Sewer
  • Water Source Public

Amenities

  • Amenities
    • Bike Path
    • Conservation Area
    • Golf
    • Highway Access
    • House of Worship
    • Laundromat
    • Medical Facility
    • Park
    • Pool
    • Private School
    • Public School
    • Public Transportation
    • Shopping
    • Stable(s)
    • T-Station
    • Tennis Court(s)
    • University
    • Walk/Jog Trails
  • Other AmenitiesBasement, Golf, Tennis

Map Location

Listed by Jaquaine Coe of The LGCY Group LLC

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) from third party sources, including sellers, lessors and public records, and were compiled by MLSPIN. 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. MLSPIN 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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