Bring your vision and unlock the potential of this classic village property, ideally located on a quiet cul-de-sac within walking distance of Ludlow's restaurants, shops, parks, and year-round community events. Offering a 4-bedroom wastewater allocation, four bathrooms, and a top-floor apartment with its own private fire escape, this versatile property presents a variety of possibilities for residential, investment, or mixed-use living (subject to applicable approvals). The building is fully sprinklered and features handicap-accessible ramps, with a flexible floor plan that can easily adapt to a range of needs. The property previously experienced flooding, and portions of the lower-level walls have been removed as part of the remediation process, providing a head start for future renovations. At the end of the cul-de-sac, a pedestrian bridge crosses the Black River, adding to the neighborhood's charm and convenience. Outdoor recreation is just minutes away, with Okemo Mountain Resort less than two miles from the property and mountain biking trails approximately one-half mile away. With its prime village location, generous layout, and tremendous potential, this is an excellent opportunity for buyers ready to restore and reimagine a well-located property. Being sold "as is". Visit the Okemo real estate community today. Taxes are based on town assessment.