Janet Cramb & Company/LAER Realty Partners

3-7 Main Street, Pepperell, MA 01463

Multi-Family

$589,000
Price

5
Units
4,993
Approx. GLA
ATTENTION INVESTORS or OWNER OCCUPIED. Rare opportunity to own a 5 family in Pepperell. Three 2-bedroom units, one 3 bedroom unit and a 2 bedroom stand alone house. All utilities are metered individually. Tenants pay heat and electric landlord pays water/sewer. Updated electrical and heating systems. Fully leased with excellent rental history. Long term tenants paying below market rents. Plenty of off street parking. 48 hour notice required for all appts. Showings start Monday, January 18th. 48 hour notice to show.
Open House
No scheduled Open Houses
Highlights
Basement Features: Interior Access, Unfinished Basement
List Price: $589,000
Type: Multi-Family
Multi-Family Type: 5-9 Family
Status: Under Agreement
Beds: 11
Baths: 5
Units: 5
Year Built: 1880
Approx. GLA: 4,993
MLS#: 72775487
 
Interior
Basement: Yes
Electric Features: Individually Metered
Heating Units: 5
Heating Zones: 5
Flooring: Wood, Vinyl, Wall to Wall Carpet
Energy: Insulated Windows
Rooms: 17
Lead Paint: Unknown
Total Floors: 2
UFFI: Unknown
Exterior
Water: No
Acres: 0.83
Lot Size: 36,229.00
Lot Description: Paved Drive
Foundation: Fieldstone
Parking Spaces: 10
Parking Features: Off-Street, Paved Driveway
Road Type: Public, Paved
Color: White
Construction: Frame
Roof Material: Asphalt/Fiberglass Shingles
Utility: for Electric Range, Washer Hookup
Exterior: Clapboard
Water: City/Town Water
Water: City/Town Water
Taxes
Short Sale Lender Approval: No
Lender Owned: No
APOD Available: Yes
Assessed Price: $423,600
Taxes: $7,192
Tax Year: 2021
Book/Page: 40376/471
Warranty Available: No
Beach
Beach: No
Expenses
Expenses Source: Owner Provided
Gross Income: $66,900
Gross Expenses: $16,415
Total Rent: $5,575
Net Income: $57,678
Insurance Cost: $5,516
Sewer Cost: $1,853
Water Cost: $1,853
 
Additional
Amenities: Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Conservation Area, House of Worship, Public School
Disclosure Declaration: No
Units
Total Rooms Bedrooms Fireplaces Floors Full Baths Half Baths Lease Levels Rent
Unit 1 3 2 0 1 1 0 Yes 1 $1,100
Unit 2 4 2 0 2 1 0 Yes 1 $1,150
Unit 3 5 3 0 1 1 0 Yes 2 $1,025
Unit 4 4 2 1 1 1 0 Yes 1 $1,000
Units Extras
Unit 1
Rent Includes:  Water  Cooling:  None  Applicances:  Washer Hookup, Dryer Hookup, Range, Refrigerator  Heating:  Forced Air, Gas  Interior:  Open Floor Plan, Wood Flooring  Rooms:  Kitchen, Living RM/Dining RM Combo 
Unit 2
Rent Includes:  Water  Cooling:  None  Applicances:  Washer Hookup, Dryer Hookup, Range, Refrigerator  Heating:  Hot Water Baseboard, Gas  Rooms:  Living Room, Kitchen 
Unit 3
Rent Includes:  Water  Cooling:  None  Applicances:  Range, Dishwasher, Refrigerator  Heating:  Hot Water Baseboard, Gas  Rooms:  Living Room, Kitchen 
Unit 4
Rent Includes:  Water  Cooling:  None  Applicances:  Range, Refrigerator  Heating:  Forced Air, Gas  Rooms:  Living Room, Kitchen 
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 12/18/2018 2:44:00 PM.
 
Janet Cramb
Janet Cramb
Broker/Owner
Janet Cramb & Company/LAER Realty Partners