Tucked away from the road in a beautiful country setting, this charming 1920s Cape offers character, privacy, and exceptional flexibility, all just a short drive from Okemo Mountain, Ludlow Village, and the quintessential Vermont village of Weston. The main home features three bedrooms and three bathrooms, along with a large office or den and comfortable living spaces that retain the home's original character while benefiting from thoughtful updates. Additionally, this home offers a spacious country kitchen, formal dining room, and a living room that is open to the kitchen, dining, and easy access outside, making this the perfect space to enjoy your friends and family. Many recent improvements, including updates to the kitchen, flooring updates, a new wood-burning fireplace insert, and an updated heating system in 2024. A large screened-in porch provides the perfect place to relax and enjoy the peaceful surroundings. An attached two-car garage offers everyday convenience along with generous unfinished storage space above. The property also includes a spacious two-bedroom apartment featuring its own kitchen, spacious mudroom, office, and one bathroom, providing excellent flexibility for a variety of living arrangements. The home could also easily be transitioned into a more traditional five-bedroom residence for those looking for additional living space under one roof. Outside, the lovely yard is tucked away from the country road, creating a private Vermont setting with plenty of room to enjoy the outdoors. A separate storage shed provides additional space for tools, recreational equipment, and seasonal gear. With five bedrooms between the two living spaces, multiple work-from-home options, abundant storage, and a location convenient to skiing, dining, shopping, and year-round recreation, 488 Andover Road offers a unique opportunity for a primary residence or Vermont getaway with room to adapt to your needs. Visit the Okemo real estate community today.
Bring your vision and unlock the potential of this classic village property, ideally located on a quiet cul-de-sac within walking distance of Ludlow's restaurants, shops, parks, and year-round community events. Offering a 4-bedroom wastewater allocation, four bathrooms, and a top-floor apartment with its own private fire escape, this versatile property presents a variety of possibilities for residential, investment, or mixed-use living (subject to applicable approvals). The building is fully sprinklered and features handicap-accessible ramps, with a flexible floor plan that can easily adapt to a range of needs. The property previously experienced flooding, and portions of the lower-level walls have been removed as part of the remediation process, providing a head start for future renovations. At the end of the cul-de-sac, a pedestrian bridge crosses the Black River, adding to the neighborhood's charm and convenience. Outdoor recreation is just minutes away, with Okemo Mountain Resort less than two miles from the property and mountain biking trails approximately one-half mile away. With its prime village location, generous layout, and tremendous potential, this is an excellent opportunity for buyers ready to restore and reimagine a well-located property. Being sold "as is". Visit the Okemo real estate community today. Taxes are based on town assessment.
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.
Located in the heart of the Village of Ludlow, this versatile multi-family property features three well-appointed apartments with excellent rental potential. The property includes a private one-bedroom unit tucked away at the rear of the home with an upper-level bedroom retreat, plus two spacious two-bedroom apartments offering comfortable living areas and functional layouts. Enjoy a prime village location near the Okemo Mountain Resort shuttle and within proximity to restaurants, shopping, and local amenities. Each unit is metered with separate utilities, making ownership and management convenient for both investors and owner-occupants. Visit the Okemo real estate today. Taxes are based on the town assessment.
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!
Wonderful investment opportunity in the Ludlow village. 2 unit multi-family with great rental history. Units are in excellent shape. First floor features a spacious 3 bedroom with hardwood floors. The second unit has 2 bedrooms also with Hardwood floors, both in move in ready condition. Units are currently rented and producing income. Just a mile from the Okemo access road and right in the heart of town, restaurants, shopping and all ludlow amenities. Live in one unit and pay your expenses with the other. Come and take a look.
Ludlow is located in Vermont. Ludlow, Vermont has a population of 1,817. Ludlow is less family-centric than the surrounding county with 15.85% of the households containing married families with children. The county average for households married with children is 26.01%.
The median household income in Ludlow, Vermont is $46,928. The median household income for the surrounding county is $63,787 compared to the national median of $69,021. The median age of people living in Ludlow is 47.6 years.
The average high temperature in July is 79.8 degrees, with an average low temperature in January of 7.9 degrees. The average rainfall is approximately 48.4 inches per year, with 83.9 inches of snow per year.
