287 East Street, Ludlow, MA 01056 (MLS # 73456912)
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Exceptional 11-unit mixed-use investment property featuring a 3-storefront mixed-use building w/5 residential apartments above, a renovated Two-Family, and an updated Single-Family home all on one lot w/plenty of parking & great location. The mixed-use building offers newer roof ('21), updated façade/mechanicals, full basements, 3 store front units and 5 residential apartments w/long-term tenants. The Two-Family includes updated kitchens/baths, enclosed porches, separate utilities, newer roof (APO ±4 yrs), newer hot water tanks, and American Standard FHA gas units ('20/'21). The Single-Family features vinyl siding, updated roof, FHA gas heat ('18/'19), Rheem HW tank ('21), and updated kitchen/bath. Strong rental history with several recent upgrades across the units. Income-producing with upside"”current NOI approx. $95K+/yr with stabilized potential around $119K+/yr per owner. Fantastic opportunity to own a turn-key, mixed-use cash-flow asset with proven performance and room to grow!
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Listing provided by Kelley and Katzer Team, Kelley & Katzer Real Estate, LLC
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