Active Under Contract

13 Days on market

54 Mero St Ludlow — Photo 1 of 42

$329,900

Investment Analysis — 54 Mero St

Ludlow, MA 01056

Based on HUD Small Area Fair Market Rent for Springfield, MA MSA, a 2-bedroom in 01056 carries an estimated $1,740/mo in gross rent — about a 3.46% cap rate and $11,418/yr in estimated NOI at the $329,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

1,444

Style

Single Family

Built

1947

Welcome home to this beautiful, meticulously maintained Cape nestled on a corner lot, offering 2 bedrooms with the potential for a 3rd bedroom, 2 full bathrooms, beautiful hardwood floors throughout, and an abundance of storage space! Enter through charming French doors into the light-filled, spacious living room, freshly painted and featuring a classic brick, wood-burning fireplace. The kitchen offers a breakfast bar/nook and access to the patio overlooking the fenced-in backyard, complete with a storage shed and chicken coop to remain. Step through another set of French doors into the spacious dining room, which offers the flexibility to potentially serve as a 3rd bedroom. An updated full bathroom completes the first floor.Upstairs, you'll find two bedrooms and another freshly painted, updated full bathroom. The spacious primary bedroom has also been freshly painted and features a step-in closet, while the second bedroom offers additional storage closets (located behind the beds).The finished basement provides even more versatile living space with wall-to-wall carpeting, perfect for a family room. Plus an additional room currently used for storage that could easily serve as a home office, flex space, etc. Additional features include a complete roof replacement in 2019, including new roof decking, new gutters (2019), re-insulated attic (2024), oil tank replaced in 2018, a whole-house fan, extended driveway, and window A/C units from 2025 to remain. A season's worth of firewood for the fireplace to remain! As well as all appliances (washer TBD), including a refrigerator just 1 year old.OPEN HOUSES: Saturday, 9/26 from 11:00–12:30 PM and Sunday, 9/27 from 11:00–12:30 PM. Don't wait for your opportunity to become the lucky new owners of this perfect home!

ADU Potential

Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 722 sq ft (the lesser of 900 sq ft or half the 1,444 sq ft principal dwelling). Lot size: 8,015 sq ft.

Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.

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.

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