- $1,690,000
- MLS#: 5085830
- 9
- # of Units
- 7,566
- Total Sq. Feet
- 0.38
- Acres
- $13,821
- Taxes
1 of 59
General Property Information
- Price:
- $1,690,000
- County:
- VT-Windsor
- Acres:
- 0.38
- Property Type:
- Multi-Family
- Property Status:
- Active
- # of Units:
- 9
- Agency/Brokerage:
- John Napier
TPW Real Estate
In the heart of the ever-popular Ludlow, Vermont, sits an 11,409 square foot commercial building with 7,566 square feet of finished space. Built in 1990, it is situated in a prime location on Main Street in the center of the village providing it with excellent visibility, walkability, and proximity to Ludlow’s charming boutiques and local dining. It is full of investment possibilities with seven apartments and two commercial spaces. The two commercial spaces are located on the first floor overlooking Main Street, with flexibility to convert to one large unit. There are 3 two-bedroom apartments and 4 one-bedroom apartments. Each apartment has a furnished kitchen and a full bathroom. The property itself has been well maintained and has a complete fire suppression sprinkler system. There is ample parking, with an onsite parking lot for 15 vehicles as well as on-street parking. The building’s exterior is vinyl-sided with wood trim and the windows are double pane. This property definitely has income potential when fully leased at market rents, including a previously occupied commercial space at approximately $40,000 annually. The property is projected to support gross income of approximately $150,000. This presents a clear lease-up and value-add opportunity for a new owner to stabilize operations and unlock the asset's full income potential. This is an investor’s dream as it sits minutes from Vail-owned Okemo Mountain Resort, which offers year-round recreation, Fox Run Golf Course, and a number of lakes for boating, swimming and fishing. Located in Southern Vermont, Ludlow is easily accessible from major Northeastern cities. This property offers a turn-key chance to become a part of one of Vermont’s most desirable communities. It is a must see!
Features
- Property Type:
- Multi-Family
- # of Units:9
- Subdivision Name:
- Year Built:
- 1990
- Parking:
- Road Frontage:
- 37
- Acres:0.38
- Gross Income:
- 0
- Annual Expenses:
- 0
- # of Gas Meters:
- # of Electric Meters:
- 10
- Sq Ft (Above Ground):
- 7566
- Sq Ft (Below Ground):
- 0
- Total Sq Ft:
- 7566
- Land Description:City Lot,Curbing,Level,Mountain View,Neighbor Business,Recreational,Sidewalks,Street Lights,In Town,Near Golf Course,Near Shopping,Near Skiing,Near Snowmobile Trails,Near Public Transportatn,Near School(s)
- Elementary School:
- Middle School:
- High School:
- Financing Details:
- Documents Available:
Unit Information
Unit 1
- #Rooms:
- 4
- #Bedrooms:
- 2
- #Baths:
- 1
- Sq. Ft.:
- 685
- Floor:
- 1
- Unit Style:
- A-two bedroom unit 1st fl
- Monthly Rent:
- 0.00
Unit 2
- #Rooms:
- 3
- #Bedrooms:
- 1
- #Baths:
- 1
- Sq. Ft.:
- 550
- Floor:
- 1
- Unit Style:
- B-one bedroom unit 1st fl
- Monthly Rent:
- 0.00
Unit 3
- #Rooms:
- 4
- #Bedrooms:
- 4
- #Baths:
- 1
- Sq. Ft.:
- 665
- Floor:
- 2
- Unit Style:
- C-two bedroom unit 2nd fl
- Monthly Rent:
- 0.00
Unit 4
- #Rooms:
- 3
- #Bedrooms:
- 1
- #Baths:
- 1
- Sq. Ft.:
- 500
- Floor:
- 2
- Unit Style:
- D-one bedroom unit 2nd fl
- Monthly Rent:
- 0.00
Unit 5
- #Rooms:
- 3
- #Bedrooms:
- 1
- #Baths:
- 1
- Sq. Ft.:
- 510
- Floor:
- 2
- Unit Style:
- E-one bedroom unit 2nd fl
- Monthly Rent:
- 0.00
Unit 6
- #Rooms:
- 3
- #Bedrooms:
- 1
- #Baths:
- 1
- Sq. Ft.:
- 510
- Floor:
- 2
- Unit Style:
- F-one bedroom unit 2nd fl
- Monthly Rent:
- 0.00
Unit 7
- #Rooms:
- 4
- #Bedrooms:
- 2
- #Baths:
- 1
- Sq. Ft.:
- 740
- Floor:
- 2
- Unit Style:
- G-two bedroom unit 2nd fl
- Monthly Rent:
- 0.00
Unit 8
- #Rooms:
- 4
- #Bedrooms:
- 0
- #Baths:
- 1
- Sq. Ft.:
- 1470
- Floor:
- 1
- Unit Style:
- COMM. front 885, back 585, 1st
- Monthly Rent:
- 0.00
Other Information
- List Date:
- 2026-04-09
- Last Updated:
