List Price: $575,000 | $114 per sq.ft. Multi Family A 3 Unit Multi Family Home
With 0 One Bedroom Units , 1 - Two Bedroom Units ,2 - Three Bedroom Units
Date Listed Sunday May 18, 2025 | MLS# 5041687
With 0 One Bedroom Units , 1 - Two Bedroom Units ,2 - Three Bedroom Units
Date Listed Sunday May 18, 2025 | MLS# 5041687
Rambling 3 Family
Beautiful Details
Including Unique Windows
Oversized 2 Car Garage
Apt. 1 Recently Renovated Kitchen With Breakfast Bar
With Stainless Steel Appliances
Barndoor To The Walk-in Pantry
Convenient Laundry
Eat-in Kitchen
BIG Light Filled Living Room
With A Beautiful Bay Window
Powder Room
Bedroom 1 Apt. 1
Railroad bedroom Apt. 1
Bedroom 3 Apt.1
Newer 3/4 Bath
Step right from the kitchen onto the porch
Perfect for bbq-ing and entertaining
Out Door Dining And Chillin
Apt. 2 Mega Living Room
The Ultimate
Living Room
Dining For The Crew
Pass Through Breakfast Bar
Bedroom 1 Apt. 2
Granite Counters
Rolling Island With Seating
Hallway leads to 3 bedrooms and a bathroom
Bedroom 2 Apt. 2
Bedroom 3 Apt. 2
Upper Level Bonus Room
Sleeping Space With Proper Egress
The Full Bar With Mini Fridge
Belly Right Up To
Regulation Pool Table
And BIG Screen
Pellet Stove To Stay Toasty
3/4 Bath With Laundry
Mudroom Apt. 2
Storage Or more Potential Living Space
Full Bath Apt. 2
With Storage
Mudroom Apt. 1
Welcome To The Ultimate Playroom
One Of The Boilers Is New
To see this Listing
Address: 12 Commonwealth Avenue Ludlow VT
Listed by Frank Provance Diamond Realty
Description:
A rare find in the heart of the Ludlow Village. This three-family property offers over 5,000 sq. ft. of income-generating space, just steps from the Okemo shuttle and downtown Ludlow! With a strong rental history this property offers both versatility and value. Two of the three units have been beautifully, recently updated and are turn key. One unit used by by the Seller, the second currently thriving as short-term income producing rental. While the third has served as a long-term rental generating a stable income of $1,065 per month, and tenant pays utilities. The largest turn key 3 bedroom plus loft features a spacious layout, and a huge bonus room for entertaining. The main-level unit offers an open-concept living space filled with natural light, from a classic turret window and covered front porch. The third unit is a cozy two-story with a private back porch, and its own garage. Guests and owners alike will love the shared lounge space and covered porch--complete with a pool table and bar--perfect for après-ski fun or weekend gatherings. Each unit has its own utilities, and there's still untapped space ready for your vision. Whether you're seeking a smart investment, a home base for ski season, or a hybrid of both, this unique property delivers flexibility, comfort, and serious earning potential.
Annual Expenses
Taxes: $9,775
Taxes: $9,775
Income
Gross Income | $93,000
Gross Income | $93,000
Appliances : Electric Water Heater
UNIT 1 INFORMATION
Beds: 4
Baths: 2
Rooms: 0
Info : Ceiling Fan,Dishwasher,Dryer,Electric,Furnished,Heat,Oil Heat,Kitchen Island,Loft,Mudroom,Playroom,Porch,Electric Range,Refrigerator,Washer,Window Treatments
Lease Term : Short Term
Signed Lease : No
Status : Vacant
UNIT 2 INFORMATION
Beds: 3
Baths: 2
Rooms: 0
Info : Appliances Included,Ceiling Fan,CO Detector,Dishwasher,Dryer,Electric,Furnished,Oil Heat,Heat Included,Kitchen Island,Microwave,Mudroom,Porch,Electric Range,Washer,Window Treatments
Lease Term : Short Term
Status : Vacant
UNIT 3 INFORMATION
Beds: 2
Baths: 2
Tenant Pays : All Utilities
Rent : 1065.00 Monthly
Lease Term : Month to Month
Signed Lease : Yes
Status : Leased
Construction: Wood Frame | Vinyl Siding
Year Built: 1900
Style: Victorian
Floors | Stories: 2.5
No. Elevators:
Total Sq.Ft. Finished: 7110
Above Grade Sq.Ft.: 5054
Basement: Dirt Floor | Unfinished
Year Built: 1900
Style: Victorian
Floors | Stories: 2.5
No. Elevators:
Total Sq.Ft. Finished: 7110
Above Grade Sq.Ft.: 5054
Basement: Dirt Floor | Unfinished
Exterior Color: Yellow
Roof: Shingle
Seasonal: No
Roof: Shingle
Seasonal: No
Heating: Oil
Cooling: None
Electric: 200+ Amp Service
Utilities: Cable | Telephone at Site
Electric Meters: 3
Water: Public
Sewer: Public
Cooling: None
Electric: 200+ Amp Service
Utilities: Cable | Telephone at Site
Electric Meters: 3
Water: Public
Sewer: Public
Land Information
River | Near Golf Course | Near Shopping | Near Skiing | Near School(s)
Lot size: 0.42 acres
Zoned: Village)
Surveyed: Unk
Flood Zone: No
Road Frontage: 120
Driveway: Dirt
River | Near Golf Course | Near Shopping | Near Skiing | Near School(s)
Lot size: 0.42 acres
Zoned: Village)
Surveyed: Unk
Flood Zone: No
Road Frontage: 120
Driveway: Dirt
Additional Information
Taxes $9,775
Assesed Value Not Reported
Taxes $9,775
Assesed Value Not Reported
Schools
School District: Two Rivers Supervisory Union
Elementary School: Ludlow Elementary School
Middle School: Choice
High School: Choice
School District: Two Rivers Supervisory Union
Elementary School: Ludlow Elementary School
Middle School: Choice
High School: Choice
