Ludlow, VT | 12 Commonwealth Avenue

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.