156 Main Street, Ludlow, VT 05149
Local realty services provided by:ERA Key Realty Services
156 Main Street,Ludlow, VT 05149
$1,690,000
- 10 Beds
- 7 Baths
- 7,566 sq. ft.
- Multi-family
- Active
Listed by: john napier
Office: tpw real estate802-228-9400
MLS#:5085830
Source:PrimeMLS
Price summary
- Price:$1,690,000
- Price per sq. ft.:$148.91
About this home
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!...
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Home facts
- Year built:1990
- Listing ID #:5085830
- Added:6 day(s) ago
- Updated:May 05, 2026 at 10:28 AM
Rooms and interior
- Bedrooms:10
- Total bathrooms:7
- Full bathrooms:7
- Flooring:Carpet, Ceramic Tile, Laminate, Vinyl
- Basement Description:Bulkhead, Climate Controlled, Concrete, Concrete Floor, Exterior Access, Full, Interior, Interior Access, Sump Pump
- Living area:7,566 sq. ft.
Heating and cooling
- Heating:Baseboard, Hot Water, Multi Zone, Oil
Structure and exterior
- Roof:Bitumen, Membrane
- Year built:1990
- Building area:7,566 sq. ft.
- Lot area:0.38 Acres
- Levels:2 Story
Utilities
- Sewer:Public Sewer On-Site
Finances and disclosures
- Price:$1,690,000
- Price per sq. ft.:$148.91
- Tax amount:$13,821 (2025)
Parking
- Parking description:Paved Driveway, Right-Of-Way (ROW)
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