32-34 Joy St - Multi-Family FOR SALE


Ludlow, MA 01056
$995,000 USD
781-300-2502
32-34 Joy St, Ludlow, MA for Sale
$995,000 USD
Multi-Family - FOR SALE
1/8
null | 9.23% Cap Rate

32-34 Joy St
Ludlow, MA 01056


HIGHLIGHTS

  • Area Amenities & Demand Drivers
  • Nearby Higher Education
  • Separately Metered Utilities
  • Off-Street Parking
  • Strong Rental Demographics & Demand
  • Quality of Life Amenities

OVERVIEW

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the multi-family investment property located at 32-34 Joy Street in Ludlow, MA (the “Property”). The multi-story building contains eight (8) 2-Bedroom/1-Bathroom units with 5,530 square feet of gross living area in 8,382 square feet of gross area. The Property is situated upon a 0.25-acre parcel and features eight (8) off-street parking spaces. 32-34 Joy Street is well-positioned in a convenient residential neighborhood of Ludlow, offering easy access to the town center, local shopping, and surrounding residential communities. The property benefits from excellent connectivity to major regional roadways including Center Street (Route 21), Route 141, and the Massachusetts Turnpike (Interstate 90), providing efficient access to Springfield, Chicopee, and the broader Pioneer Valley.

FOR SALE DETAILS

PRICE

$995,000 USD

PRICE/SF

$180 USD /SF

# OF UNITS

8

PRICE/UNIT

$124,375

CAP RATE

9.23%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

32-34 Joy Street

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1900

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.25 AC

LAND SF

10,890 SF

ZONING

-

APN/PARCEL ID

LUDL-120795-000000-D000077

ASK ABOUT THIS PROPERTY

Michael BradleyHorvath & TremblayMore Info
781-300-2502

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Michael BradleyHorvath & TremblayMore Info
781-300-2502

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.