Active
61 Days on market
167 Center St Ludlow — Photo 1 of 41

167 Center St Ludlow — Photo 1 of 41

Recent Drop: $19,999

$499,999
$480,000

$480,000

Investment Analysis — 167 Center St

Ludlow, MA 01056

Based on HUD Small Area Fair Market Rent for Springfield, MA MSA, a 2-unit multi-family in 01056 carries an estimated $3,870/mo in gross rent — about a 6.32% cap rate and $30,331/yr in estimated NOI at the $480,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

5

Baths

2

SqFt

2,106

Style

Multi Family

Built

1927

Rare opportunity to own a beautifully maintained two-family home in a desirable Ludlow location! Lovingly cared for and currently enjoyed as a spacious single-family residence, this versatile property offers incredible flexibility for homeowners and investors alike. Rich, original hardwood flooring runs throughout, showcasing the home’s timeless character and exceptional upkeep. The second-floor plumbing is already stubbed out, making it easy to add a kitchen and restore the property to a fully functioning two-family with minimal effort. Whether you’re looking for a multi-generational living arrangement, an owner-occupied investment, or a traditional single-family home with future income potential, the possibilities are endless. Conveniently located close to local amenities, shopping, dining, and major routes, this is a unique property that combines charm, flexibility, and long-term value. Don’t miss your chance to make it yours!

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.

Immersive Experience

Property Details

Financials

Original Price$499,999
Annual Taxes$4,963

Parking

Garage2
Off-Street10

Interior Specifications

Total Rooms11
Fireplaces1
FlooringHardwood
BasementFull, Interior Entry

Climate & Utilities

Heating--
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
RoofShingle
FoundationStone, Brick/Mortar
Zoning2 family

Property & Lot

Acres0.62
SqFt Lot27,007
Lot Features--

Amenities & Appliances

Dishwasher • Refrigerator • Washer • Dryer

Neighborhood

Public Transportation • Shopping • Laundromat • Highway Access • Public School

Geography

Property History

Price Drop
$480,000

Was $499,999

Aug 4, 2026

MLS® 73548871

Listed
$499,999

Jul 13, 2026

MLS® 73548871

Listed
$480,000

Jul 13, 2026

MLS® 73548884

Listing Provided By

Listing Agent: Kade Phillips

Listing Office: RE/MAX Legacy

MLS® Number: 73548871