Cynthia Gonzalez
Responds Quickly
Executive Real Estate, Inc.
(413) 288-5131
96 Total Sales
1 in Ludlow
$240,000 Price
38 Prospect St Ludlow, MA 01056
Ludlow Area
4
Beds
2
Baths
1,697
Sq Ft
5,009
Sq Ft Lot
Highlights
- Community Stables
- Medical Services
- Property is near golf course, public transit, and schools
- East Street Elementary School Rated A-
- Deck
- Wood Flooring
About This Home
As of September 2026**One Unit to be delivered vacant** 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
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,620
Year Built
- Built in 1919
Parking
- 2 Car Garage
- Driveway
- 4 Open Parking Spaces
- Off-Street Parking
Home Design
- Shingle Roof
- Concrete Perimeter Foundation
Interior Spaces
- 1,697 Sq Ft Home
- Property has 1 Level
- Insulated Windows
- Wood Flooring
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Schools
- East Street Elementary School
- Paul R Baird Middle School
- Ludlow Senior High School
Additional Features
- Deck
- 5,009 Sq Ft Lot
- Property is near golf course, public transit, and schools
- 2 Heating Zones
Listing and Financial Details
- Total Actual Rent $2,500
- Assessor Parcel Number M:15A B:11950 P:327,2555640
Community Details
Overview
- 2 Units
- Near Conservation Area
Amenities
- Medical Services
- Shops
- Coin Laundry
Recreation
- Tennis Courts
- Community Pool
- Park
- Community Stables
- Jogging Path
- Bike Trail
Building Details
- Net Operating Income $30,000
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 23, 2015
Closed on
Jul 14, 2015
Sold by
Goncalves Manuel and Goncalves Maria C
Bought by
Seller's Agent
Suzie Ice
Ideal Real Estate Services, Inc.
Buyer's Agent
Grace Dias
Grace Group Realty, LLC
List Price
$214,900
Sold Price
$195,000
Premium/Discount to List
-$19,900
-9.26%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.74%
Original Mortgage
$100,000
Outstanding Balance
$76,010
Interest Rate
3.87%
Mortgage Type
New Conventional
Estimated Equity
$327,386
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Ludlow, MA
-
Cynthia Gonzalez
-
Christina Pietras
Christina Pietras
Naples Realty Group
(413) 278-6757
44 Total Sales
12 in Ludlow
$35K - $760K Price Range
-
Lisa Carroll
Lisa Carroll
Delap Real Estate LLC
(413) 414-4721
35 Total Sales
2 in Ludlow
$230K - $300K Price Range
-
Tracy LaRosa
Tracy LaRosa
Daisy Hill Real Estate and Rentals
(774) 500-3394
43 Total Sales
1 in Ludlow
$521,000 Price
-
Ray Hoess-Brooks
Ray Hoess-Brooks
HB Real Estate, LLC
(860) 356-3690
135 Total Sales
2 in Ludlow
$215K - $340K Price Range
-
Salim Abdoo
Salim Abdoo
Naples Realty Group
(413) 288-4350
38 Total Sales
1 in Ludlow
$185,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | $195,000 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $100,000 | New Conventional | |
| Previous Owner | $105,600 | No Value Available | |
| Previous Owner | $35,000 | No Value Available |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/09/2026 09/09/26 | Sold | $385,000 | 0.0% | $227 / Sq Ft |
| 08/05/2026 08/05/26 | Pending | -- | -- | -- |
| 08/02/2026 08/02/26 | Price Changed | $385,000 | -7.4% | $227 / Sq Ft |
| 06/28/2026 06/28/26 | For Sale | $415,900 | 0.0% | $245 / Sq Ft |
| 06/10/2026 06/10/26 | Pending | -- | -- | -- |
| 05/28/2026 05/28/26 | Price Changed | $415,900 | +4.0% | $245 / Sq Ft |
| 05/13/2026 05/13/26 | Price Changed | $399,943 | -8.9% | $236 / Sq Ft |
| 04/14/2026 04/14/26 | For Sale | $438,943 | -- | $259 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $4,620 | $266,300 | $70,600 | $195,700 |
| 2024 | $4,409 | $243,700 | $70,500 | $173,200 |
| 2023 | $4,349 | $222,900 | $61,900 | $161,000 |
| 2022 | $4,284 | $214,300 | $61,900 | $152,400 |
| 2021 | $4,136 | $196,200 | $61,900 | $134,300 |
| 2020 | $3,959 | $192,000 | $61,000 | $131,000 |
| 2019 | $3,712 | $187,300 | $60,400 | $126,900 |
| 2018 | $3,559 | $187,200 | $60,400 | $126,800 |
| 2017 | $3,389 | $182,900 | $58,600 | $124,300 |
| 2016 | $3,031 | $167,200 | $57,400 | $109,800 |
| 2015 | $2,759 | $159,600 | $56,800 | $102,800 |
Source: Public Records
Agents Affiliated with this Home
-
Jaquaine Coe
Seller's Agent in 2026
Jaquaine Coe
The LGCY Group LLC
(508) 989-6943
82 Total Sales
-
Kathryn Daviau
Buyer's Agent in 2026
Kathryn Daviau
Lock and Key Realty Inc.
(413) 244-8063
33 Total Sales
-
Suzie Ice
SI
Seller's Agent in 2015
Suzie Ice
Ideal Real Estate Services, Inc.
(413) 244-2431
241 Total Sales
-
Grace Dias
Buyer's Agent in 2015
Grace Dias
Grace Group Realty, LLC
(413) 547-6555
3 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73500987
APN: LUDL-151195-000000-A000327
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. 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. MLS Property Information Network, Inc. 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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