#5025750, Frank Provance, Listing office: Diamond Realty

12 Commonwealth Ave Ludlow, VT 05149
Property details
About 12 Commonwealth Ave
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 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.
Highlights
Summary
- Basement: Yes
- Flooring Type: Carpet, Laminate, Tile, Wood
- Garage Space: 2 spaces
- Exterior: Garden Space, Porch - Covered
- Heating: Oil
- Cooling: None
- List Price: $575,000
- Price/SqFt: $113
- Annual Tax Amount: $7,563
- Tax Year: 2023
- Lot: Garden
- Directions: From downtown Ludlow: head South on Main Street, take a left on Commonwealth Ave. Property is the fourth building on the left.
- Year Built: 1900
- Living Area: 5,054 SqFt
- Lot Size: 0.42 Acres
- MLS Number: 5041687
- Office Name: Diamond Realty
- Office Phone: (802) 228-1234
- Office Email: office@diamondrealtyvt.com
- Listing Agent: Frank Provance
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Last updated on: 7/10/2025, 4:45:32 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $413,500 | $7,563 |
2022 | $413,500 | $7,745 |
2021 | $413,500 | $7,745 |
2020 | $251,300 | $- |
2019 | $251,300 | $4,934 |
2018 | $251,300 | $4,892 |
History based on county public records data.
Nearby schools
6
Mount Holly School
Public District PK-6
7.3 mi
•150 School St
4
Chester Andover Elementary School
Public District PK-6
10.5 mi
•72 Main St
2
Union Street Elementary School
Public District 3-5
12.6 mi
•43 Union St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $43,462. Typical income of Ludlow, VT residents is less than $<35k annually. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.
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Frequently asked questions
About 12 Commonwealth Ave
The listing price of 12 Commonwealth Ave property is $575,000.
The property 12 Commonwealth Ave is land located in Ludlow, Vermont, 05149.
Active Listing: 12 Commonwealth Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 12 Commonwealth Ave are: Mount Holly School (GreatSchools Rating 6/10), Chester Andover Elementary School (GreatSchools Rating 4/10), Union Street Elementary School (GreatSchools Rating 2/10), Riverside Middle School (GreatSchools Rating 1/10), Flood Brook School (GreatSchools Rating 6/10), Weathersfield School (GreatSchools Rating 7/10), Green Mountain Union High School (GreatSchools Rating 5/10), Springfield High School (GreatSchools Rating 3/10), Windsor School (GreatSchools Rating 3/10).
According to the records, the last property tax for 2023 is $7,563 (source: MLS/based on county public records data).
The property 12 Commonwealth Ave is 0.42 acres.
The property 12 Commonwealth Ave is 5,054 SqFt (source: MLS/tax record).
The year of construction for 12 Commonwealth Ave is 1900.
This home is located at 12 Commonwealth Ave in Ludlow, VT and zip code 05149. This 5,054 square foot home, which was built in 1900, sits on a 0.42 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since May 18, 2025 and is currently priced at $575,000.
In June 2025, from all listings sold in Ludlow, VT there were more than 0 sold above asking price, over 6 sold below and more than 0 were sold right at the asked price. In June 2025 in Ludlow, VT there were 29.8% more homes for sale than in May.