Janet Cramb & Company Real Estate

49-53 Groton Street, Pepperell, MA 01463

Multi-Family

$465,000
Price
$415,000
Sale Price

4
Units
5,658
Approx. GLA
Great investment opportunity. 4 APARTMENT rental units COMPLETLY REMODELED. 1 COMMERCIAL Unit vacant. All units offer 2 bedrooms, living room, kitchen and full bath. Recent improvements included 4 new gas boilers, new hot water tank, vinyl siding, gutters and paved driveway. 2nd floor utility room offers coin operated laundry. Additional space available for tenant storage. Yearly income of $56,400. Letter of Lead Abatement Compliance. Well maintained investment with plenty of parking and cash flow.
Highlights
Sale Price: $415,000
Settled Date: 9/5/2018 12:00:00 AM
List Price: $465,000
Type: Multi-Family
Multi-Family Type: 4 Family
Status: Sold
Beds: 9
Baths: 4
Units: 4
Year Built: 1900
Year Round: Yes
Approx. GLA: 5,658
MLS#: 72267100
 
 
Interior
Basement: No
Cooling Units: 4
Electric Features: Fuses
Heating Units: 4
Heating Zones: 4
Flooring: Wood, Vinyl, Wall to Wall Carpet, Laminate
Energy: Insulated Windows
Hot Water: Natural Gas
Rooms: 22
Lead Paint: None
Total Floors: 2
UFFI: Unknown
Exterior
Water: No
Acres: 0.26
Lot Size: 11,511.00
Lot Description: Paved Drive
Foundation: Slab
Foundation Size: 41x69
Parking Spaces: 8
Parking Features: Off-Street
Road Type: Public
Color: Gray
Construction: Frame
Roof Material: Rubber
Utility: for Gas Range
Exterior: Vinyl
Exterior Features: Deck, Screens
Water: City/Town Water
Water: City/Town Water
Taxes
Short Sale Lender Approval: No
Lender Owned: No
APOD Available: Yes
Assessed Price: $308,500
Taxes: $4,902
Tax Year: 2017
Book/Page: 59273/51
Warranty Available: No
Beach
Beach: No
Expenses
Expenses Source: Owner Provided
Gross Income: $56,400
Total Rent: $4,700
Net Income: $56,400
 
 
Additional
Amenities: Tennis Court, Park, Walk/Jog Trails, Stables, Medical Facility, Laundromat, Bike Path, Conservation Area, House of Worship, Public School
Disclosure Declaration: Yes
Units
Total Rooms Bedrooms Fireplaces Floors Full Baths Half Baths Lease Levels Rent
Unit 1 4 2 0 1 1 0 No 1 $1,200
Unit 2 4 2 0 2 1 0 No 1 $1,000
Unit 3 4 2 2 1 No 1 $1,200
Unit 4 5 3 0 2 1 0 No 1 $1,200
Units Extras
Unit 1
Rent Includes:  Water  Cooling:  Wall AC  Applicances:  Range, Microwave, Refrigerator  Heating:  Gas, Individual  Interior:  Bathroom With Tub & Shower, Remodeled, Wall to Wall Carpet, Cable TV Available  Rooms:  Living Room, Kitchen 
Unit 2
Rent Includes:  Water  Cooling:  Window AC  Applicances:  Range, Microwave, Refrigerator  Heating:  Gas, Individual  Interior:  Bathroom With Tub & Shower, Remodeled, Wall to Wall Carpet, Cable TV Available  Rooms:  Living Room, Kitchen 
Unit 3
Rent Includes:  Water  Cooling:  Window AC  Applicances:  Range, Microwave, Refrigerator  Heating:  Gas, Individual  Interior:  Bathroom With Tub & Shower, Remodeled, Wall to Wall Carpet, Cable TV Available  Rooms:  Living Room, Kitchen 
Unit 4
Rent Includes:  Water  Cooling:  Window AC  Applicances:  Range, Microwave, Refrigerator  Heating:  Gas, Individual  Interior:  Bathroom With Tub & Shower, Remodeled, Wall to Wall Carpet, Cable TV Available  Rooms:  Living Room, Kitchen 
Common
Rooms:  Laundry 
Map
The listing office is LAER Realty Partners / Janet Cramb & Company and the listing agent is Janet Cramb. The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and it's subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein. The data was last modified on 10/16/2018 4:35:00 PM.
 
Janet Cramb
Janet Cramb
Broker/Owner
Janet Cramb & Company Real Estate