Investment opportunity- One 3 bedroom, 3 bath unit, one 3 bedroom, 2 bath unit and a third owner occupied, renovated bonus 2 bedroom, 1 bath unit. Situated on a quiet side street in Ludlow with sidewalks and easy access to town and close proximity to skiing, this multi-unit property presents possibilities to an owner/investor who also wants a place for friends and family to ski while earning income. Each unit has been updated and is being sold furnished. The first and second floor units each have an ensuite bedroom, large kitchen areas, nice living spaces and access to laundry. 3 separate hybrid water heaters are already in place and two boilers generate hot water baseboard heat for the two rentable units. A shared entrance leads to the third floor unit which has softwood pine flooring and upgraded appliances. The .5 acre +/- lot has a shared driveway with parking area in the back as well as on the street. Close to skiing, restaurants, shopping and schools.
Location, Location, Location! In the heart of the village, on the coveted, much sought after, quiet High St. is this three family beautiful property. A short stroll to downtown Ludlow and all it has to offer. Two beautiful units in the main house with hardwood flooring, updated kitchens and both with 3 season sun porches. A cozy two bedroom apartment above the three car garage with a covered stairway entrance for super convenience, no stair shoveling. You can rent all three units, use one for yourself to pay the expenses, or use the entire house and rent the apartment above the garage. The possibilities are endless! The Okemo shuttle will stop at the end of the driveway to pick up you and/or your guests. With downtown restaurants and shopping all walking distance away, you won't even need your car! This property is a Winner all around!! The Seller is firm and property is being sold as is.
Turnkey Village Inn and Restaurant in the heart of Ludlow, Vt. only steps to Okemo Mountain Ski Resort. This fully furnished and equipped property includes 9 guest rooms with private baths, a 2 bedroom, 2 bathroom ownerâ??s apartment, and a former wine bar/restaurant space ready to relaunch with all FF&E included. Historic charm throughout, wood floors, fireplaces, and original detail-paired with numerous renovations and upgrades, and strong income potential. Walkable to shops, dinning and the Okemo shuttles. Flexible village center zoning supports a range of commercial or residential uses. The proximity of the Governorâ??s Inn to local attractions, such as the Okemo's winter and summer activities, Friday night concerts, farmers market, buttermilk falls, lakes region, hiking trail, cheese factories and Black River sees year round business with skiers, hikers, bicyclists, boaters and fishing. This is not just a winter ski inn, The Governor's Inn operates year-round generating consistent revenue across all four seasons. The inn is also part of the collaboration between four inns that offers a walking experience to guests between the months of May and October. The top four income producing months are October, September, August and February, in that order. A rare opportunity to own a move in ready, income-generating property in one of Vermontâ??s most desirable ski towns.
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.
Okemo-Ludlow Unique commercial property in the center of Ludlow Village. Presently 6 apartment units, plus an 8-bay garage. This property has high visibility and plenty of off-street parking, offering many commercial opportunities. Trustee, seller is a Licensed Real Estate Broker. Siding is asbestos shingle. 48 Hours advanced notice needed to show, best times late morning & early afternoon.
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.
