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$540,000

  • Sold
  • Closed
  • Multi-Family
  • 3 Units
  • 0.42 Acres
  • 2 Car Garage
See This Home
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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. One unit used by by the Seller, the second currently thriving as short-term income producing rental. 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 aprés-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.

Full Property Details for 12 Commonwealth Ave

General

  • Sold For: $540,000
  • Taxes: $9,775 (2025)
  • Status: Closed
  • Type: Multi-Family
  • Source: PrimeMLS
  • MLS ID: 5041687
  • Added to Site: 321 day(s) ago

Rental Information

  • Lease Terms: Unit1=Short Term, Unit2=Short Term, Unit3=Month to Month,

Interior

  • Flooring: Carpet, Laminate, Tile, Wood

Exterior

  • Exterior Features: Garden Space, Covered Porch
  • Color: Yellow

Parking

  • Garage: Yes
  • Garage Spaces: 2

Location

  • County: Windsor
  • Driving Directions: From downtown Ludlow: head South on Main Street, take a left on Commonwealth Ave. Property is the fourth building on the left.

School Information

  • School District: Two Rivers Supervisory Union
  • Elementary School: Ludlow Elementary School
  • Middle School: Choice
  • High School: Choice

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Oil
  • Furnaces: 3
  • Water Heaters: 3

Utilities

  • Sewer: Public
  • Separate Meters: Yes
  • # Electric Meters: 3

Structural Information

  • Construction Status: Existing
  • Basement: Yes
  • Basement Entrance: Interior
  • Basement Desc.: Dirt Floor, Unfinished
  • Roof: Shingle
  • Stories/Levels: 2.5
  • Finished Total: 5,054 Sq. Ft.
  • Finished Above Grnd: 5,054 Sq. Ft.
  • Year Built: 1900

Unit Information

  • 2 Bedroom Units: 1
  • 3 Bedroom Units: 2
  • Units w/Refrigerators: 3
  • Units w/Range/Oven: 3

Unit 1

  • Total Bathrooms: 2
  • Bedrooms: 4

Unit 2

  • Total Bathrooms: 2
  • Bedrooms: 3

Unit 3

  • Total Bathrooms: 2
  • Bedrooms: 2

Lot Features

  • Lot Size (Acres): 0.42
  • Lot Size (Sq. Ft.): 18,295
  • Frontage: Yes Road Frontage
  • Frontage Feet: 120
  • Driveway/Sidewalk: Dirt
  • Zoning: Village

Financial Considerations

  • Price Per Sq. Ft.: $113.77
  • Tax Amount: $9,775.12
  • Tax Year: 2025

Disclosures and Reports

  • APN: 363-112-10350

Listed by Diamond Realty, Frank Provance
Sold by Diamond Realty, Frank. Provance

Listed by Diamond Realty, Frank Provance
Sold by Diamond Realty, Frank. Provance

Listing agent

— 12 Commonwealth Ave —

  • Frank Provance

    Diamond Realty

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Price & Sales History for 12 Commonwealth Ave

Date
Details
Price
Change
Source
12/12/2025
Sold
$540,000
-6.09%
MLS
5/18/2025
Listed
$575,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Diamond Realty, Frank Provance
Sold by Diamond Realty, Frank. Provance

12 Commonwealth Avenue, Ludlow, VT 05149 (MLS# 5041687) is a Multi-Family property that was sold at $540,000 on December 12, 2025. Want to learn more about 12 Commonwealth Avenue? Do you have questions about finding other Multi-Family real estate for sale in Ludlow? You can browse all Ludlow real estate or contact a Coldwell Banker agent to request more information.