Ludlow VT Multi Family Home For Sale $700,000

Multi Family Home $700,000 | $192 per sq.ft.
2 Unit Multi Family Home,
488 Andover Road Ludlow VT
With 1 - Two Bedroom Units | 1 - Three Bedroom Units
| MLS# 5104969
Listed by Sarah Sheehan William Raveis Real Estate Vermont Properties Off: 802-228-8877 on August 13th 2026

DESCRIPTION

Tucked away from the road in a beautiful country setting, this charming 1920s Cape offers character, privacy, and exceptional flexibility, all just a short drive from Okemo Mountain, Ludlow Village, and the quintessential Vermont village of Weston. The main home features three bedrooms and three bathrooms, along with a large office or den and comfortable living spaces that retain the home's original character while benefiting from thoughtful updates. Additionally, this home offers a spacious country kitchen, formal dining room, and a living room that is open to the kitchen, dining, and easy access outside, making this the perfect space to enjoy your friends and family. Many recent improvements, including updates to the kitchen, flooring updates, a new wood-burning fireplace insert, and an updated heating system in 2024. A large screened-in porch provides the perfect place to relax and enjoy the peaceful surroundings. An attached two-car garage offers everyday convenience along with generous unfinished storage space above. The property also includes a spacious two-bedroom apartment featuring its own kitchen, spacious mudroom, office, and one bathroom, providing excellent flexibility for a variety of living arrangements. The home could also easily be transitioned into a more traditional five-bedroom residence for those looking for additional living space under one roof. Outside, the lovely yard is tucked away from the country road, creating a private Vermont setting with plenty of room to enjoy the outdoors. A separate storage shed provides additional space for tools, recreational equipment, and seasonal gear. With five bedrooms between the two living spaces, multiple work-from-home options, abundant storage, and a location convenient to skiing, dining, shopping, and year-round recreation, 488 Andover Road offers a unique opportunity for a primary residence or Vermont getaway with room to adapt to your needs. Visit the Okemo real estate community today.
Appliances : Owned Water Heater

UNIT 1 INFORMATION Beds: 3 Baths: 3 Rooms: 7 Sq.Ft.: 2350 Info : Appliances Included,CO Detector,Deck,Den,Dishwasher,Dryer,Wood Fireplace,Furnished,Laundry Hookup,Primary BR w/ BA,Mudroom,Porch,Screened Porch,Electric Range,Refrigerator,Smoke Detector,Storage,Washer,Water Heater,Window Treatments Lease Term : Month to Month Status : Leased	UNIT 2 INFORMATION Beds: 2 Baths: 1 Rooms: 5 Sq.Ft.: 1013 Info : Appliances Included,CO Detector,Dishwasher,Dryer,Laundry Hookup,Mudroom,Electric Range,Refrigerator,Smoke Detector,Storage,Washer Lease Term : Annual Signed Lease : Yes

CONSTRUCTION
Wood Frame | Clapboard Exterior | Wood Siding Year Built: 1920
No. of Floors: 2
Total Sq.Ft. Finished: 3641
Above Grade Sq.Ft.: 3641
Price Per SQ.FT.: $192.25
Basement: Concrete | Concrete Floor | Crawl Space | Full | Interior Stairs | Sump Pump | Unfinished | Interior Access | Basement Stairs
Heating: Propane | Baseboard | Hot Water | Multi Zone
Cooling: None
Electric: Circuit Breaker(s)
Utilities: Cable Available
Electric Meters: 1
Style: Cape | Farmhouse | Multi-Family | Multi-Level
Roof: Metal | Standing Seam
Water: Drilled Well
Sewer: Septic
Seasonal: No
LAND INFORMATION
Country Setting | Landscaped | Ski Area | Sloping | View | Near Golf Course | Near Shopping | Near Skiing | Near Snowmobile Trails | Rural | Private
Lot size: 3.4 acres
Zoned: Residential)
Surveyed: Unk
Flood Zone: No
Road Frontage: 547
Driveway: Gravel
ADDITIONAL INFORMATION
Docs Available : Deed
Taxes $9,160 | Assesed Value $0 in
AREA INFORMATION
School District: Two Rivers Supervisory Union
Elementary School: Ludlow Elementary School
Middle School: Choice
High School: Choice

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