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Listing courtesy of PRIME_MLS / Frank Provance / Diamond Realty

12 Commonwealth

Ludlow, VT 05149

– beds
– baths
5,054 sqft
~1/2 acre lot
$113 per sqft
1900 build
– on site

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. Currently thriving as short-term income producing rentals. 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 après-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.

Listing courtesy of PRIME_MLS / Frank Provance / Diamond Realty

Last checked: Checking… • Last updated May 19, 2025 •

MLS# 5041687 —

The Building

Year Built:

1900
Pre-Construction:

No
Construction Status:

Existing
Construction Materials:

Wood Frame, Vinyl Siding
Architectural Style:

Victorian
Roof:

Shingle
Foundation:

Stone
Total Stories:

2.5
Total Units:

3
Approx SqFt Total:

7110
Approx SqFt Total Finished:

5,054 Sqft
Approx SqFt Finished Above Grade:

5,054 Sqft
Approx SqFt Finished Below Grade:

0 Sqft
Approx SqFt Unfinished Below Grade:

2056
Approx SqFt Unfinished Building Source:

Public Records
Approx SqFt Finished Above Grade Source:

Public Records
Road Frontage Type:

Public Maintained Road, Public

Interior

Flooring:

Carpet, Laminate, Tile, Wood
Basement:

Yes
Basement Description:

Dirt Floor, Unfinished
Basement Access Type:

Interior
Room 5 Type:

Vacant

Location

Directions:

From downtown Ludlow: head South on Main Street, take a left on Commonwealth Ave. Property is the fourth building on the left.
Latitude:

43.398128000001002
Longitude:

-72.694270000000003

The Property

Property Class:

Multi-Family
Seasonal:

No
Lot Features:

River, Near Golf Course, Near Shopping, Near Skiing, Near School(s)
Lot SqFt:

18,295 Sqft
Lot Acres:

0 Sqft
Zoning:

Village
Exterior Features:

Garden Space, Porch - Covered
Driveway:

Dirt
Road Frontage:

Yes
Road Frontage Length:

120 Sqft

Listing Agent

Contact info:

Taxes

Tax Year:

2025
Taxes TBD:

No
Tax - Gross Amount:

$9,775.12

Beds

Total 2 Bedroom Units:

1

Baths

Total Full Baths:

1
Unit 1 Baths:

3
Unit 2 Baths:

2

The Listing

Virtual Tour
Price Per SqFt:

113.77
Foreclosed/Bank-Owned/REO:

No

Heating & Cooling

Heating:

Oil
Total Heat Units:

3
Total Water Heaters:

3

Utilities

Utilities:

Cable, Telephone At Site
Separate Utilities:

Yes
Sewer:

Public
Electric:

200 Amp
Water Source:

Public
Total Electric Meters:

3
Cable Company:

Comcast

Appliances

Appliances:

Water Heater – Electric
Total Refrigerators:

3

Schools

Elementary School:

Ludlow Elementary School
Middle Or Junior School:

Choice
High School:

Choice
School District:

Two Rivers Supervisory Union

The Community

Covenants:

No

Parking

Garage:

Yes
Garage Capacity:

2

Extra Units

Unit 1 Bedrooms:

4
Unit 2 Bedrooms:

3
Total 3+ BR Units:

2
Unit 3 Bedrooms:

2
Unit 3 Baths:

2
Unit 1 Info:

Ceiling Fan, Dishwasher, Dryer, Electric, Furnished, Heat, Heat - Oil, Kitchen Island, Loft, Mudroom, Playroom, Porch, Range - Electric, Refrigerator, Washer, Window Treatments
Unit 2 Info:

Appliances Included, Ceiling Fan, CO Detector, Dishwasher, Dryer, Electric, Furnished, Heat - Oil, Heat Included, Kitchen Island, Microwave, Mudroom, Porch, Range - Electric, Washer, Window Treatments

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Bike Score®

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Sale history

Date	Event	Source	Price
5/18/25 May 18, 2025	Listed / Active	PRIME_MLS	$575,000
6/7/21 Jun 7, 2021	Price Changed	PRIME_MLS
3/29/21 Mar 29, 2021	Listed / Active	PRIME_MLS

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This multifamily located in Ludlow, VT 05149 is currently for sale for $575,000. 12 Commonwealth is a 5,054 square foot multifamily with – beds and – baths that has been on Estately for 0 days. This multifamily is in the attendance area of Black River High School and Ludlow Elementary School.

Listing Courtesy of: PRIME_MLS and Diamond Realty.

Copyright 2025 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.