List Price: $375,000 | $158 per sq.ft. Multi Family
Price Change! Reduced by $24,000 down 6% on July 22nd 2026
A 3 Unit Multi Family Home
With 1 One Bedroom Units , 2 - Two Bedroom Units ,0 - Three Bedroom Units
Date Listed Tuesday Jun 30, 2026 | MLS# 5097396
Price Change! Reduced by $24,000 down 6% on July 22nd 2026
A 3 Unit Multi Family Home
With 1 One Bedroom Units , 2 - Two Bedroom Units ,0 - Three Bedroom Units
Date Listed Tuesday Jun 30, 2026 | MLS# 5097396
To see this Listing
Address: 51 Andover Street Ludlow VT
Listed by The Nancy Jenkins Team Nancy Jenkins Real Estate
Description:
Minutes from Okemo Mountain and the heart of Ludlow, this well-maintained triplex offers the perfect blend of Vermont lifestyle and income-producing potential. Live in one unit while rental income from the other two helps offset your mortgage and ownership expenses, or add the entire property to your investment portfolio. The property features two 2-bedroom, 1-bath apartments and one 1-bedroom, 1-bath apartment. Residents enjoy convenient access to skiing, hiking, restaurants, shops, and the nearby park, making this an attractive location year-round. A slate roof professionally inspected annually, a new Trex deck, low-maintenance exterior finishes, and ample parking on both sides add to the property's appeal. This is a unique opportunity to own a home and investment property in one of Vermont's premier four-season destinations. 3D virtual tours are available upon request. Operating Expenses : Maintenance,Snow Removal,Trash,Water/Sewer
Annual Expenses
Taxes: $5,794
Taxes: $5,794
Income
Gross Income | $48,300
NetIncome | $34,807
Gross Income | $48,300
NetIncome | $34,807
UNIT 1 INFORMATION
Beds: 2
Baths: 1
Rooms: 0
Sq.Ft.: 1140
Level: 1
Rent : 1550.00 Monthly
Lease Term : Annual
Signed Lease : Yes
UNIT 2 INFORMATION
Beds: 2
Baths: 1
Rooms: 0
Sq.Ft.: 1100
Level: 2
Rent : 1525.00 Monthly
Lease Term : Month to Month
Signed Lease : Yes
UNIT 3 INFORMATION
Beds: 1
Baths: 1
Sq.Ft.: 375
Rent : 950.00 Monthly
Lease Term : Month to Month
Signed Lease : Yes
Construction: Wood Frame
Year Built: 1900
Style: Multi-Family
Floors | Stories: 2.5
No. Elevators:
Total Sq.Ft. Finished: 3349
Above Grade Sq.Ft.: 2370
Basement: Unfinished
Year Built: 1900
Style: Multi-Family
Floors | Stories: 2.5
No. Elevators:
Total Sq.Ft. Finished: 3349
Above Grade Sq.Ft.: 2370
Basement: Unfinished
Roof: Slate
Seasonal: No
Seasonal: No
Heating: Oil | Baseboard | Electric
Cooling: None
Electric: Circuit Breaker(s)
Utilities: Cable Available
Electric Meters: 4
Water: Public
Sewer: Public
Cooling: None
Electric: Circuit Breaker(s)
Utilities: Cable Available
Electric Meters: 4
Water: Public
Sewer: Public
Land Information
Ski Area | In Town | Near Skiing
Lot size: 0.17 acres
Zoned: Residential)
Surveyed: Unk
Flood Zone: No
Driveway: Paved
Ski Area | In Town | Near Skiing
Lot size: 0.17 acres
Zoned: Residential)
Surveyed: Unk
Flood Zone: No
Driveway: Paved
Additional Information
Taxes $5,794
Assesed Value Not Reported
Taxes $5,794
Assesed Value Not Reported
Schools
