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PENDING
235 East Street, Ludlow, MA 01056
6
beds
4
baths
4807
ft2
· 10000
ft2 lot
$368,900
$77 / ft2
Listing provided courtesy of John Pedro, John H. Pedro Real Estate.
Source MLS PIN.
Same Ownership for nearly 30 Years! This mixed-use property features 4 UPDATED residential units and 2 commercial store front units in a highly traveled/visible urban location. All units have their own natural gas heat and natural gas hot water systems, Separate electric meters for all units AND a owner's meter for common areas. Exterior features vinyl siding, stucco facade and replacement windows. Roof replaced 2011 (APO). Unit 1 is 4/2/1 townhouse, Unit 2 is 4/2/1 townhouse, Unit 3 is a 4/1/1 garden, Unit 4 is 3/1/1 garden, then 2 commercial store fronts on the first floor with visible street frontage. All long term tenants are tenancy at will and currently pay below market rent. Potential Income with At-Market Rents may be $6,000 monthly or $72,000 Annually. The Opportunity is knocking for you to own this 6-unit investment property in Ludlow - Are you listening? ** Current Rent Roll as of March 2, 2021 are listed above but missing one storefront at $500/month. ** (APO)
HOA
$—/month
On market
7 months
Year built
1930
Property type
5 9 Family
Parking
6
MLS
72743592
Price / Sq.Ft.
$77 / ft2
Status
Under Agreement
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Based on a price of $368,900
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$1,476
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Discount Brokerage
$1,134
not offered
Average
Traditional Brokerage
$0
not offered
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Property Details
Interior Features & Layout
Electric Details
Circuit Breakers, Individually Metered
Heating Units
6
Hot Water
Natural Gas, Tank
Total Levels
2, 7, 7
Unit 4 Floor Level
2
Total Levels Unit 1
1, 2
Total Levels Unit 2
1, 2
Total Beds
6
Total Levels Unit 3
2, 1
Total Levels Unit 4
1
Full Baths
4, 4
Flooring
Varies Per Unit
Unit 4 Full Baths
1
Unit 3 Full Baths
1
Unit 4 Beds
1
Total Rooms Unit 1
4
Unit 2 Full Baths
1
Total Rooms Unit 2
4
Unit 1 Full Baths
1
Unit 3 Beds
1
Total Rooms Unit 3
4
Unit 2 Beds
2
Heating Zones
6
Total Rooms Unit 4
3
Unit 1 Beds
2
Total Rooms
16, 14, 16
Property, Lot, Community & Exterior Features
Beach Description
Lake/Pond
Total Units In Complex
6
Color
Tan
Property Type
5-9 Family
Beachfront
Beachfront
Zoning
BUS A
Mls Prop Type
5-9 Family
Building Exterior Details
Vinyl, Porch - Enclosed
Lot Description
Level
Sqft Source
Public Record
Square Ft. Disclosure
4 Residential Units and 2 Commercial Store Fronts
Basement
Basement
Basement Details
Full
Foundation
Concrete Block
Beach Ownership
Public
Roof
Asphalt/Fiberglass Shingles
Year Built Description
Approximate
Mls Property Type
Multi-family
Water/Sewer Built
80
Lead Paint
Unknown
Parking Descriptions
Off-Street
Acres
0.23
Year Built Source
Public Record
Construction Materials
Frame
Utilities & Other Information
Water Source
City/Town Water
Sewer
300, City/Town Sewer
Electric
50
Listing Details, Costs & Financing Information
Insurance Expenses
3600
Offline Listing Number
3144735
Gross Revenue
3600
Finances Source
Estimated
Gross Income
36240
Disclosures
Two Parcels - One parcel with building and the other parcel is parking at rear of building. All information to be verified by buyers and or buyers agent.
Net Operating Income
36240
Monthly Rent Unit 1
900
Monthly Rent Unit 2
1000
Monthly Rent Unit 3
650
Lease 1
Lease 1
Monthly Rent Unit 4
525
Lease 2
Lease 2
Tax Year
2020
Status
Under Agreement
Total Rent
3470
Assessed Value
253000.00
Selling Agent
M8001144
Taxes
5217.00
Apn
M:14B B:4900 P:50
School Neighborhood & Directions
Street Number
235-239
Map Book
7789
Beach Distance
1 to 2 Mile
Map Page
170
Directions
Near Corner of Winsor and East Street
Zip Code +4
3002
Other
Price Per Sqft
76.74
List Price Per Sqft
76.74
Cdom Property
204
Cdom Broker
204
Cdom
204
The information contained in this listing has not been verified by Flyhomes and should be verified by the buyer.

Data last updated: May 11, 2021 7:29pm
Neighborhood snapshot
11
Properties for sale
19
Median days on market
$180.00
Median sold price/sqft
100.18%
Sold/List %
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Property History
04/23/2021
04/23/2021
MLS PIN #72743592
pending
MLS PIN #72743592
$368,900
04/22/2021
04/22/2021
MLS PIN #72743592
active
MLS PIN #72743592
$368,900
--0.03%
03/03/2021
03/03/2021
MLS PIN #72743592
active
MLS PIN #72743592
$369,000
--0.24%
01/29/2021
01/29/2021
MLS PIN #72743592
active
MLS PIN #72743592
$369,900
--5.13%
12/08/2020
12/08/2020
MLS PIN #72743592
active
MLS PIN #72743592
$389,900
--1.27%
See more property history
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