HomeLudlowMulti Family38 Prospect St, Ludlow MA 01056
38 Prospect St, Ludlow MA 01056 — photo 1 of 321 / 32
$415,900
38 Prospect St, Ludlow MA 01056
2 units · 4 bd · 2 ba · 1,697 sqft · $207,950/unit

SIGNAL SCORE

Condition & value29 / 100
Our read on condition & value vs. the local market, from the listing details — directional, not an appraisal.

About this property

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

Units2
Living area1,697 sqft
Lot size5,009 sqft
Year built1919
Price / sqft$245
CountyHampden
MLS #73500987

Listing status

Days on market48 days
Listed onApril 14, 2026

Taxes & financials

Annual property tax$4,620
Tax year2025
Assessed value$266,300
ZoningRES B
Gross income (actual)$30,000/yr
Net operating income (actual)$30,000/yr
Total actual rent$2,500/mo

Building & lot

Stories2
Total rooms8
Lot size0.11 acres
Garage spaces2
Parking spaces6
ParkingPaved Drive, Off Street
BasementFull
FoundationConcrete Perimeter
RoofShingle
FlooringHardwood

Utilities & systems

SewerPublic Sewer
WaterPublic
Utilitiesfor Electric Range

Location

More about Ludlow

Listing courtesy of The LGCY Group LLC — Jaquaine Coe. Listing data © MLS PIN.

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Questions & answers

Auto-generated from the listing data — richer AI answers coming with the live site.

How many units does 38 Prospect St, Ludlow MA 01056 have?

It is a 2-unit multi-family property with 1,697 sqft of living area, built in 1919.

How long has 38 Prospect St, Ludlow MA 01056 been on the market?

38 Prospect St, Ludlow MA 01056 has been listed for 48 days (since April 14, 2026).

What are the property taxes on 38 Prospect St, Ludlow MA 01056?

Annual property taxes are $4,620 (2025), on an assessed value of $266,300.

What is the price per square foot?

At $415,900 for 1,697 sqft, that's about $245 per square foot.

Is there parking?

2 garage spaces and 6 total parking spaces (paved drive, off street).

Where is this property located?

38 Prospect St, Ludlow MA 01056 is in Ludlow, Hampden County, MA 01056.

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