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Deb Rees
REALTOR®
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38 Prospect St, Ludlow, MA 01056

$438,943
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New to the Market Active
BEDS4 BATHS2 full SQUARE FEET1,697 MLS#73500987
STATUSActive PROPERTY TYPEMulti Unit - Multiple

Property Description

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

38 Prospect St | MLS# 73500987

This multi-family property located at 38 Prospect St, Ludlow, MA 01056 is currently listed for sale with an asking price of $438,943. Search Ludlow real estate on debrees.masiellogrouprealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Full
Basement: Yes
Garage: 2
Lot Size: 0.11 Acres
Roof Type: Shingle
Stories: 2.0
Taxes: $4,620
Year Built: 1919

Feature Descriptions

Building Area Total: 1697
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
Compensation Based On: N/A
Compensation Broker Transaction: N/A
Compensation Buyer Agency: N/A
Compensation Sub Agency: N/A
Compensation Sub Agency Offered: N/A
Days on Site: 3
Dwelling Type: Multi Family
Electric: Circuit Breakers
Exclusions: Sellers Personal Items
Flooring: Hardwood
GarageY/N: Yes
Open Parking Y/N: Yes
Parcel Number: M:15A B:11950 P:327,2555640
Parking Features: Paved Drive, Off Street
Parking Total: 6
Patio And Porch: Deck
Rooms Total: 8
Sewer: Public Sewer
Units: 2
Utilities: for Electric Range
Water: Public
Window Features: Insulated Windows

Local Schools

High School: Ludlow Senior
Middle School: Paul R Baird
Elementary School: East Street

Listed By / Shown By

Listed By

Agency Name: The LGCY Group LLC
Agency Phone: 508-989-6943
Agent Name: Jaquaine Coe

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Estimated Payment

$ 1,489.92 per month $976.90 Principal & Interest $385.00 Property Tax $128.03 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 04/17/2026. The listing information on this page last changed on 04/17/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Fri 04/17/2026 5:02:47 AM EST) or MLSPIN MLS (last updated Thu 04/16/2026 11:38:34 PM EST) or Prime MLS (last updated Thu 04/16/2026 11:33:24 PM EST) or MREIS (last updated Fri 04/17/2026 2:05:22 AM EST). Real estate listings held by brokerage firms other than Better Homes and Gardens Real Estate The Masiello Group may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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