Three-Unit Multifamily
For Sale
$375,000
51 Andover St, Ludlow, VT 05149
Slate roofing, a Trex deck, and parking on both sides serve the three-unit property.
Property Size2,370 SF
Price / SF$158.23
Days on Market27
Property Features for 51 Andover St
General Information
Standard status
Active
Size
2,370 SF
Property subtype
Multi-Family
Units
Unit Mix
2 x 2BR/1BA, 1 x 1BR/1BA
Multifamily Units
3
Building Details
Year Built
1900
Listing Agency:
Nancy Jenkins Real Estate
(802) 654-8500
Listed By:
The Nancy Jenkins Team
Source:
Langelange
Added: Aug 3
Changed: Aug 28
Last Checked: Aug 28 at 9:14PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Nancy Jenkins Real Estate
Investment Insights
Based on property information with market context.
This 2,370-square-foot triplex, built in 1900, includes three apartments: two two-bedroom, one-bath units and one one-bedroom, one-bath unit. Exterior features include a slate roof that receives annual professional inspections, a new Trex deck, and low-maintenance exterior finishes. Parking is available on both sides of the property for residents and guests.
The property is in Ludlow near Okemo Mountain, with access to skiing, hiking, restaurants, shops, and a nearby park. The location also places the building near the center of Ludlow and its year-round recreational amenities. A reported cap rate of 8.5% is associated with the offering.
The property is in Ludlow near Okemo Mountain, with access to skiing, hiking, restaurants, shops, and a nearby park. The location also places the building near the center of Ludlow and its year-round recreational amenities. A reported cap rate of 8.5% is associated with the offering.
Key Highlights
- Three apartments: two 2‑bedroom, 1‑bath units and one 1‑bedroom, 1‑bath unit
- 2,370 SF triplex built in 1900
- Slate roof professionally inspected annually
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
296
Businesses Nearby
Explore this area
Business Placement
Demographics for 05149, VT
2,408
Population
3,399
Households
0.7
Avg Household Size
53
Median Age
46%
College-Educated
94%
High-School Grad
42.4 sq mi
ZIP Area
57
Density / Sq Mi
$63,098
Median Household Income
$37,582
Median Earnings
$1,124
Median Rent
$324,500
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Triplex - Slate roofing, a Trex deck, and parking on both sides serve the three-unit property.
Where is this triplex located?
The property is located at 51 Andover St Ludlow, VT.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Three apartments: two 2‑bedroom, 1‑bath units and one 1‑bedroom, 1‑bath unit; 2,370 SF triplex built in 1900; Slate roof professionally inspected annually
