Janet Cramb & Company/LAER Realty Partners

49-53 Groton St, Pepperell, MA 01463

Multi-Family

$599,000
Price

4
Units
4,510
Approx. GLA
PRIMELY POSITIONED OPPORTUNITY! This 4 Family property is located right in the heart of town just a stones throw away from local shops, nature trails, main commuter routes and minutes from the NH line. Highlights to mention include a new Upper Rubber Roof (2019), SS appliances in all units, and separate utilities. Landlord says great tenants and all want to stay! Units 1, 2 & 3 all offer 2 Bedrooms and 1 Full Bath. Unit 4 has 3 Bedrooms and 1 Full Bath. Common areas include coin-operated Laundry with a separate water heater, which is in an area that also offers storage space for bikes, etc. along with 8 off street parking spaces. Additional partially finished space in the front acts as great storage and potentially other opportunities with a special permit. Rents haven’t been raised in 2.5 years since last sold - all below market rents. Opportunity is knocking on this one!
Open House
No scheduled Open Houses
Highlights
List Price: $599,000
Type: Multi-Family
Multi-Family Type: 4 Family - 4 Units Up/Down
Status: Contingent
Beds: 9
Baths: 4
Units: 4
Year Built: 1900
Approx. GLA: 4,510
MLS#: 72808741
 
 
Interior
Basement: No
Electricity Cost: $480
Electric Features: Fuses, Circuit Breakers
Heating Units: 4
Flooring: Wood, Vinyl, Wall to Wall Carpet, Laminate, Bamboo, Vinyl / VCT
Energy: Insulated Windows, Insulated Doors
Rooms: 17
Lead Paint: Unknown
Total Floors: 2
Exterior
Water: No
Acres: 0.26
Lot Size: 11,513.00
Lot Description: Paved Drive, Easements, Gentle Slope
Foundation: Slab
Parking Spaces: 8
Parking Features: Off-Street
Road Type: Public
Color: Grey
Construction: Frame
Roof Material: Asphalt/Fiberglass Shingles, Rubber
Utility: for Gas Range, for Gas Oven
Exterior: Vinyl
Water: City/Town Water
Water: City/Town Water
Taxes
Short Sale Lender Approval: No
Lender Owned: No
APOD Available: Yes
Assessed Price: $377,400
Taxes: $6,408
Tax Year: 2020
Book/Page: 75908/530
School
Grade School: Varnum Brook
Middle School: Nissitissit
High School: North Middlesex
Beach
Beach: No
Expenses
Gross Income: $59,400
Gross Expenses: $11,310
Total Rent: $4,900
Net Income: $48,090
Gas Cost: $420
Insurance Cost: $2,430
Management Cost: $3,000
Refuse Cost: $1,260
Water Cost: $3,720
Additional
Amenities: Shopping, Tennis Court, Walk/Jog Trails, Stables, Golf Course, Medical Facility, Laundromat, Bike Path, Conservation Area, House of Worship, Public School
Disclosure Declaration: Yes
Disclosure: See attachments
Units
Total Rooms Bedrooms Fireplaces Floors Full Baths Half Baths Lease Levels Rent
Unit 1 4 2 0 1 1 0 Yes 1 $1,100
Unit 2 4 2 0 1 1 0 Yes 1 $1,200
Unit 3 4 2 0 2 1 0 Yes 1 $1,200
Unit 4 5 3 0 2 1 0 Yes 1 $1,225
Units Extras
Unit 1
Applicances:  Range, Microwave, Refrigerator  Heating:  Hot Water Baseboard, Gas  Interior:  Wall to Wall Carpet 
Unit 2
Applicances:  Range, Refrigerator  Heating:  Hot Water Baseboard, Gas  Interior:  Wall to Wall Carpet, Wood Flooring 
Unit 3
Applicances:  Range, Microwave, Refrigerator  Heating:  Hot Water Baseboard, Gas  Interior:  Wall to Wall Carpet  Rooms:  Living Room, Kitchen 
Unit 4
Applicances:  Range, Microwave, Refrigerator  Heating:  Hot Water Baseboard, Gas  Interior:  Wall to Wall Carpet, Wood Flooring  Rooms:  Living Room, Kitchen 
Common
Cooling:  None  Heating:  Hot Water Baseboard, Gas  Interior:  Upgraded Cabinets, Upgraded Countertops, Cable TV Available  Rooms:  Laundry 
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The listing office is Keller Williams Realty - Merrimack and the listing agent is Blood Team Realty Group. 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