Ludlow, VT | 51 Andover Street

$399,000
MLS#: 5097396
3
# of Units
2,370
Total Sq. Feet
0.17
Acres
$4,206
Taxes
1 of 24

General Property Information

Price:
$399,000
County:
VT-Windsor
Acres:
0.17
Property Type:
Multi-Family
Property Status:
Active
# of Units:
3
Agency/Brokerage:
The Nancy Jenkins Team
Nancy Jenkins Real Estate

Minutes from Okemo Mountain and the heart of Ludlow, this well-maintained triplex offers the perfect blend of Vermont lifestyle and strong investment performance. Listed at just over an 8.5% cap rate, the property features three units consisting of two 2-bedroom, 1-bath apartments and one 1-bedroom, 1-bath apartment. Residents enjoy easy access to skiing, hiking, restaurants, shops, and the nearby park, making this an attractive location year-round. Thoughtfully maintained with a slate roof that is professionally inspected annually, a new Trex deck, and low-maintenance exterior finishes, ownership is designed to be as hassle-free as possible. Ample parking on both sides of the property provides added convenience for tenants and guests. Whether you're looking to expand your portfolio, live in one unit and rent the others, or capitalize on the area’s four-season appeal, this property offers a rare opportunity in one of Vermont’s premier recreational destinations. 3D Virtual Tours Available Upon Request.

Features

Property Type:
Multi-Family
# of Units:3
Subdivision Name:
Year Built:
1900
Parking:
Road Frontage:
0
Acres:0.17
Gross Income:
47,700
Annual Expenses:
0
# of Gas Meters:
# of Electric Meters:
4
Sq Ft (Above Ground):
2370
Sq Ft (Below Ground):
0
Total Sq Ft:
2370
Land Description:Ski Area,In Town,Near Skiing
Elementary School:
Middle School:
High School:
Financing Details:
Documents Available:

Unit Information

Unit 1

#Rooms:
0
#Bedrooms:
2
#Baths:
1
Sq. Ft.:
1140
Floor:
1
Unit Style:
Monthly Rent:
1550.00

Unit 2

#Rooms:
#Bedrooms:
2
#Baths:
1
Sq. Ft.:
1100
Floor:
2
Unit Style:
Monthly Rent:
1500.00

Unit 3

#Rooms:
#Bedrooms:
#Baths:
1
Sq. Ft.:
375
Floor:
Unit Style:
Monthly Rent:
925.00

Other Information

Source: Data provided by PrimeMLS, graph generated by Pall Spera Company
List Date:
2026-06-30
Last Updated:

Stowe Office

Xander Paumgarten

(P) 802.253.9771
(F) 802.253.9993
email

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