1426-1428 Center St Ludlow — Photo 1 of 38
$1,350,000
Investment Analysis — 1426-1428 Center St
Ludlow, MA 01056
Based on HUD Small Area Fair Market Rent for Springfield, MA MSA, a home in 01056 carries an estimated $1,220/mo in gross rent — about a 0.18% cap rate and $2,487/yr in estimated NOI at the $1,350,000 list price. Adjust every assumption in the calculator below.
Beds
--
Baths
2
SqFt
--
Style
Other
Built
1962
Rare opportunity to acquire a well-established, fully operational restaurant & banquet facility with a proven track record that includes an average of 5 to 7 banquets per week and established customer base. This turn-key business offers an excellent opportunity for an experienced restaurateur, investor, or entrepreneur looking to step into an existing operation without starting from the ground up. The sale includes the existing business operation, banquet facility, furniture, fixtures, equipment, and other assets as outlined by the Seller. Current owner is willing to stay on if needed to provide guidance, specific terms can be negotiated. Brand new septic system installed in 2024!
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 MLS and other third-party data may be inaccurate or out of date.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.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Geography
Listing Agent: Maggi Group
Listing Office: LPT Realty, LLC
MLS® Number: 73566177