12 Commonwealth Ave Ludlow, VT 05149
Estimated payment $4,033/month
Highlights
- Stream or River on Lot
- Victorian Architecture
- Garden
- Wood Flooring
- Covered patio or porch
- 2 Car Garage
About This Home
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. Currently thriving as short-term income producing rentals. 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.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,775
Year Built
- Built in 1900
Lot Details
- 0.42 Acre Lot
- Garden
Parking
- 2 Car Garage
- Dirt Driveway
Home Design
- Victorian Architecture
- Stone Foundation
- Wood Frame Construction
- Shingle Roof
- Vinyl Siding
Interior Spaces
- Property has 2.5 Levels
- Basement
- Interior Basement Entry
Flooring
- Wood
- Carpet
- Laminate
- Tile
Bedrooms and Bathrooms
- 9 Bedrooms
- 6 Bathrooms
Outdoor Features
- Stream or River on Lot
- Covered patio or porch
Schools
- Ludlow Elementary School
- Choice Middle School
- Choice High School
Utilities
- Separate Meters
- High Speed Internet
- Cable TV Available
Community Details
Overview
- 3 Units
Building Details
- 1 Leased Unit
- Gross Income $93,000
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $8,708 | $413,500 | $57,800 | $355,700 |
| 2023 | $6,584 | $413,500 | $57,800 | $355,700 |
| 2022 | $7,563 | $413,500 | $57,800 | $355,700 |
| 2021 | $7,747 | $413,500 | $57,800 | $355,700 |
| 2020 | $5,037 | $251,300 | $57,800 | $193,500 |
| 2019 | $4,934 | $251,300 | $57,800 | $193,500 |
| 2018 | $4,892 | $251,300 | $57,800 | $193,500 |
| 2016 | $4,490 | $251,300 | $57,800 | $193,500 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/18/2025 05/18/25 | For Sale | $575,000 | -- | $114 / Sq Ft |
Source: PrimeMLS
MLS Number: 5041687
APN: 363-112-10350
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Copyright 2025 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
- 7 Commonwealth Ave
- 85 Main St Unit 101
- 83 Main St
- 00 Main St
- 0 Gill Terrace Unit 5014671
- 15 Gill Terrace
- 14 Gill Terrace
- 104 Main St
- 56 Main St
- 108 Main St
- 29-31 High St
- 32 High St
- 23-25 Depot
- 0 Prospect St Unit 5028799
- 19 Prospect St
- 12 Twine Hill Rd
- 0 Cedar Dr
- 22 Andover St
- 193 Jackson Gore Unit 739/741
- 193 Jackson Gore Unit 640/642