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Pending

255 Center St, Ludlow MA 01056

$280,000

Estimated $786/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $140,000

Total Rent: 9600/year

Estimated CAP Rate:

4 Bedrooms

Baths

1596

Total Parking: 4

14,375 (0.33)

Two-Family Home with Great Potential & Great Location! This home offers a fantastic opportunity for an owner-occupant, investor, or buyer looking for a property with renovation potential.The first-floor unit needs some TLC, both inside and out, making it ideal for someone ready to put in the work and create something special. The second-floor unit has been remodeled and offers a more updated living space.With two separate units and plenty of potential, this property could be a great investment opportunity. It has plenty of parking with a private driveway on the left side of the house. Whether you're looking to renovate, build equity, or add a property to your portfolio, this two-family home is ready for its next chapter.The home is providing the perfect canvas for someone with a vision to bring it back to life. The beautiful hardwood floors add character and a great foundation for a refreshed interior. With two units, this property has excellent potential for rental income, multi-generational living, or an owner-occupant. This property is ready for someone to bring their ideas, make improvements, and truly make it shine!

This home has been viewed 6 times

Last Checked: September 18th, 2026 at 11:58am (Source: MLS PIN #73569723)

Gross Income: $9,600

Gross Expenses: $3,986

Net Income Calc: $5,614

Annual Expenses for 255 Center St, Ludlow MA 01056

Total Gross Expenses (Calculated)$3,986/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax3986

Annual Income & Unit Breakdown for 255 Center St, Ludlow MA 01056

Total Gross Income (Calculated)$9,600

Unit 1

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit2

Rent Includes

Unit 2

Rental Income$0

LeaseY

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit2

Rent Includes

General Information for 255 Center St, Ludlow MA 01056

Listing ID73569723

Property TypeMulti Family

Price280000 ($175.44/SqFt)

StyleMulti Family

CityLudlow

CountyHampden

Neighborhood(s)

Approximate Living Area Total1596

Approximate Lot Size (Acres)0.33

Total Parking4

Garage Parking0

Year Built1954

Year Built SourcePublic Records

Year Built DetailsApproximate

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof Material

BasementFull

Construction Materials

Lot Features

Foundation Description

Accessible Features

Outdoor SpaceCovered

Zoning04

Water Views

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 255 Center St, Ludlow MA 01056

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsPersonal Belongings.

Financial Data Source

Total Gross Expenses By Broker

Total Gross Income By Broker

Total Net Income By Broker

Short Sale / Forclosure (Bank Owned)

Compensation Based On

Financial Information for 255 Center St, Ludlow MA 01056

Real Estate Taxes3986

Tax Year2026

Assessed Value$249,000

Financial Data Source

Total Gross Expenses By Broker

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker

BostonRealEstate.com Gross Income

Total Net Income By Broker

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

Location Information for 255 Center St, Ludlow MA 01056

Neighborhood(s)

Area Amenities

Contact Information for 255 Center St, Ludlow MA 01056

Agent

Name: Katherine Riley

Office

Name: Riley Home Realty, LLC

Phone: 413-537-1697

Team Members

Payment Calculator

, Interest

Property Taxes 332.17

Principal & Interest 1725.27

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Riley Home Realty, LLC

Katherine Riley

Agent Phone

Office Phone

(413) 537-1697

Text Agent Call Agent Call Office

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EXIT

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