Active
12 Days on market
255 Center St Ludlow — Photo 1 of 40

255 Center St Ludlow — Photo 1 of 40

$320,000

255 Center St, Ludlow, MA 01056

Ludlow, MA 01056

Beds

4

Baths

2

SqFt

1,596

Style

Multi Family

Built

1954

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!

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$201/sqft
Local Avg (Ludlow)$274/sqft
27% BelowMarket Average

* Analysis is based on 20 actively listed and recently sold comparable properties strictly within Ludlow, MA.

Property Details

Financials

Original Price$320,000
Annual Taxes$3,986

Parking

Garage0
Off-Street4

Interior Specifications

Total Rooms8
FireplacesNone
FlooringHardwood, Carpet
BasementDirt Floor

Climate & Utilities

HeatingForced Air, Natural Gas
CoolingWindow Unit(s)
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
Roof--
FoundationStone, Brick/Mortar
Zoning04

Property & Lot

Acres0.33
SqFt Lot14,375
Lot Features--

Amenities & Appliances

Range • Microwave • Refrigerator

Geography

Population

20,904

U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)

Median Household Income

$85K

U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)

Renter-Occupied Homes

22.5%

U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)

New Construction Permits — Hampden County

359 housing units permitted in the last 12 months (+20% vs the prior 12 months) — 74 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Jun '26)

Listing Provided By

Listing Agent: Katherine Riley

Listing Office: Riley Home Realty, LLC

MLS® Number: 73569723

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