Well-Maintained Triplex with
51 Andover Street Ludlow, VT 05149
51 Andover Street, Ludlow, VT, 05149
$399,000
For Sale
$399,000
MULTI_FAMILY - Other - Ludlow, VT
Property Size2,370 SF
Lot Size0.17 Acres
Price / SF$168.35
Days on Market22
Property Features for 51 Andover Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- Residential
- Bedrooms
- 5
- Bathrooms
- 3
- Rooms
- Bedroom 1, Bedroom 5, Bathroom 1, Bedroom 2, Basement, Bathroom 2, Bedroom 3, Bathroom 3, Bedroom 4
- Patio and Porch features
- Porch
- Exterior features
- Covered Porch
- Standard status
- Active
- Size
- 2,370 SF
- Lot size
- 0.17 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 4206
Utilities
- Utilities
- Cable Available
- Heating system
- Electric (Heating), Oil, Baseboard
- Water source
- Public
Building Details
- Year built
- 1900
- Floors in Building
- 3
- Number of units
- 3
- Flooring type
- Carpet
- Building materials
- Wood Frame
- Roof type
- Slate
- Architectural style
- Other
Listing Agency
Nancy Jenkins Real Estate
(802) 846-4888
140 Kennedy Drive, Suite 102., South Burlington, VT
Listed by
The Nancy Jenkins Team
(802) 846-4888
Added: Jun 30 Updated: Jul 1 at 9:19 am Checked: Jul 21 at 3:06 am
MLS# 5097396
Listing URL
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Investment Insights
Based on property information with market context.
This well-maintained triplex offers three rental units configured as two 2-bedroom, 1-bath apartments and one 1-bedroom, 1-bath apartment. Exterior updates include a slate roof that is professionally inspected annually and a new Trex deck, with low-maintenance finishes supporting an easy ownership experience. The property also provides ample parking on both sides, adding convenience for tenants and guests.
Located in Ludlow, the building is minutes from Okemo Mountain and near the heart of town, placing daily conveniences within reach. The surrounding area supports year-round living with access to dining, shops, and a nearby park, along with outdoor recreation options such as hiking.
The unit mix may appeal to buyers and operators seeking a compact residential income property with multiple apartment sizes in one asset. With two larger 2-bedroom units alongside a 1-bedroom option, the property supports tenant variety while keeping the overall configuration simple. For an owner-occupant, it also offers the option to live in one unit and rent the others, depending on personal preference.
Located in Ludlow, the building is minutes from Okemo Mountain and near the heart of town, placing daily conveniences within reach. The surrounding area supports year-round living with access to dining, shops, and a nearby park, along with outdoor recreation options such as hiking.
The unit mix may appeal to buyers and operators seeking a compact residential income property with multiple apartment sizes in one asset. With two larger 2-bedroom units alongside a 1-bedroom option, the property supports tenant variety while keeping the overall configuration simple. For an owner-occupant, it also offers the option to live in one unit and rent the others, depending on personal preference.
Key Highlights
- Well‑maintained triplex listed at just over an 8.5% cap rate with three rental units
- Unit mix: two 2‑bedroom, 1‑bath apartments plus one 1‑bedroom, 1‑bath apartment
- Slate roof is professionally inspected annually; new Trex deck noted
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
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FAQs
What type of property is this?
Triplex - Three well-kept units with updated exterior features and ample parking provide a straightforward residential income setup.
Where is this triplex located?
The property is located at 51 Andover Street Ludlow, VT.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: Well‑maintained triplex listed at just over an 8.5% cap rate with three rental units; Unit mix: two 2‑bedroom, 1‑bath apartments plus one 1‑bedroom, 1‑bath apartment; Slate roof is professionally inspected annually; new Trex deck noted
