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32-34 Joy Street, Ludlow MA 01151

$950,000

Estimated $2,288/month Calculator

Multi Family

Total Units: 8

Price Per Unit: $118,750

Total Rent: 65880/year

Estimated CAP Rate:

16 Bedrooms

Baths

5530

Total Parking: 8

10,890 (0.25)

32-34 Joy St contains eight (8) 2-Bedroom/1-Bathroom units with 5,530 square feet of gross living area in 8,382 square feet of gross area. The Property is situated upon a 0.25-acre parcel and features eight (8) off-street parking spaces. 32-34 Joy Street is well-positioned in a convenient residential neighborhood of Ludlow, offering easy access to the town center, local shopping, and surrounding residential communities. The Property benefits from excellent connectivity to major regional roadways including Center Street (Route 21), Route 141, and the Massachusetts Turnpike (Interstate 90), providing efficient access to Springfield, Chicopee, and the broader Pioneer Valley. Tenants are responsible for gas-powered heat, separately metered hot water, and separately metered electricity. The Landlord is responsible for providing city water & sewer, which they pay directly.

This home has been viewed 7 times

Last Checked: October 6th, 2026 at 5:38am (Source: MLS PIN #73585757)

Gross Income: $65,880

Gross Expenses: $33,219

Net Income Calc: $32,661

Water Views

Annual Expenses for 32-34 Joy Street, Ludlow MA 01151

Total Gross Expenses (Calculated)$33,219/year

APOD AvailableYes

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax8967

Annual Income & Unit Breakdown for 32-34 Joy Street, Ludlow MA 01151

Total Gross Income (Calculated)$65,880

Unit 1

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

Rent IncludesHeat

Unit 2

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

Rent IncludesHeat

Unit 3

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

Rent IncludesHeat

Unit 4

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

Rent IncludesHeat

General Information for 32-34 Joy Street, Ludlow MA 01151

Listing ID73585757

Property TypeMulti Family / 5+ Family

Price950000 ($171.79/SqFt)

Style5-9 Family

CityLudlow

CountyHampden

Neighborhood(s)

Approximate Living Area Total5530

Approximate Lot Size (Acres)0.25

Total Parking8

Garage Parking0

Year Built1900

Year Built SourcePublic Records

Year Built DetailsApproximate

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction Materials

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor Space

ZoningN/A

Water ViewsNo

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 32-34 Joy Street, Ludlow MA 01151

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsWall Mounted Vac In Garage. Hose Reels. Tv Wall Mounts. Japanese Maple Tree.

Financial Data SourceEstimated

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 32-34 Joy Street, Ludlow MA 01151

Real Estate Taxes8967

Tax Year2026

Assessed Value$560,100

Financial Data SourceEstimated

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 32-34 Joy Street, Ludlow MA 01151

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 32-34 Joy Street, Ludlow MA 01151

Agent

Name: Michael Bradley

Office

Name: Horvath & Tremblay

Phone: 781-776-4000

Payment Calculator

, Interest

Property Taxes 747.25

Principal & Interest 5853.6

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Horvath & Tremblay

Michael Bradley

Agent Phone

Office Phone

(781) 776-4000

Text Agent Call Agent Call Office

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EXIT

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Active

32-34 Joy Street, Ludlow MA 01151

$950,000

Annual Expenses for 32-34 Joy Street, Ludlow MA 01151

Annual Income & Unit Breakdown for 32-34 Joy Street, Ludlow MA 01151

General Information for 32-34 Joy Street, Ludlow MA 01151

Disclosures for 32-34 Joy Street, Ludlow MA 01151

Financial Information for 32-34 Joy Street, Ludlow MA 01151

Location Information for 32-34 Joy Street, Ludlow MA 01151

Contact Information for 32-34 Joy Street, Ludlow MA 01151

Agent

Office

Payment Calculator

Exclusive Listing Agent

Horvath & Tremblay

Michael Bradley