86 Main Street, Ludlow, VT, 05149 | $1,690,000

The current owners brought this 1890 Victorian gem of a Bed and Breakfast built by Governor William Stickney, back to life. Entering the inn you will be awed by the woodwork, the staircase, and fireplaces in the foyer and parlor. Charm and elegance are visible throughout the building with it's beautiful architecture and antique furnishings. This B & B is part of the downtown area of Ludlow and about one mile away from the entrance road to Okemo Mountain Resort. The inn boasts year round business with skiers, hikers, bicyclists, boaters, and guests enjoying the beauty of the Green Mountain State. Located in Downtown, the inn is walking distance to restaurants and shops. The inn is part of a collaboration between 4 inns in southern Vt that offer a walking tour for guests between the months of May and October. The first floor has the common areas and breakfast/dining rooms, and is able to accommodate a total of 20 guests. You will also find a commercial kitchen with a walk-in cooler. The 9 guests rooms, all differently and tastefully decorated, can be found on the 2nd and 3rd floors. Each room has their own private bath. The property includes a separate owners/innkeepers two bed and bathroom house right behind the inn, allowing separation of private and business life. Over the last few years the inn has seen a number of renovations and updates, a full sprinkler system, fire alarm, boiler, water heater, heat pump system, dishwasher, drier, and freezer, and most bathrooms.

Features

  • Property Type: Business,Hospitality
  • Construction: Wood Frame,Clapboard Exterior
  • Parking: Driveway,Off Street,On-Site,Parking Spaces 11 - 20,Paved
  • Heating: Baseboard,Electric,Floor Furnace,Mini Split
  • Cooling: Mini Split
  • Units: 9
  • Zoning: village
  • Frontage: 105
  • Year Built: 1890
  • Approx Sq. Feet: 9,109
  • Acreage: 0.44
  • Est. Taxes: $14,079
  • MLS#: 5018273
  • Website: https://www.raveis.com
    /prop/5018273/86mainstreet_ludlow_vt?source=qrflyer
©2024 New England Real Estate Network, Inc. All rights reserved.This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimMLS. 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. Data last updated 11/14/2024
Listing courtesy of TPW Real Estate   Phone: 802-228-9400
Listing Agent: John Napier

William Raveis Family of Services

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888.699.8876

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Brian SkellyVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 793093

203.415.2989

Brian.Skelly@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Joel FanjoyRegional SVP Insurance Sales, William Raveis Insurance

617.320.5687

Joel.Fanjoy@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

86 Main Street, Ludlow, VT, 05149

$1,690,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Brian Skelly

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 203.415.2989

Brian.Skelly@raveis.com

NMLS Mortgage Loan Originator ID 793093

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,352,000 $1,352,000 $1,352,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.500% 6.250% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.821% 6.396% 5.990%
Monthly Tax Payment $1,173 $1,173 $1,173
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $7,677 $8,325 $11,227
Total Monthly Payment $8,975 $9,623 $12,525

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.