Rachel Stevens
REALTOR®
BEDS7
BATHS5 full 1 partial
SQUARE FEET3,424
MLS#73594846
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
Property Description
$11,150 DAY ONE RENT ROLL! DSCR loans available based on rental income only. Discover income producing mixed-use property featuring multiple residential rental units, commercial office space, and a separate single-family home. Offering diversified income streams and an attractive return on investment, this property presents an outstanding opportunity for the seasoned investor or those looking to expand their real estate portfolio. Extensively renovated within the past three years, the property features furnished rental accommodations, a rooming house permit, coin-operated laundry, and a spacious unfinished basement. Additional potential exists for third-floor expansion, subject to town approvals. Ideally situated in downtown Pepperell, convenient to local businesses, shopping, and surrounding employment centers. With established rental income, flexible rental opportunities, and significant improvements already completed, this property offers an appealing combination of immediate income and long-term investment potential. Financial statements and rent roll available to qualified buyers.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full, Interior Entry, Bulkhead, Concrete
Cooling: Central Air, Window Unit(s)
Heating: Forced Air, Natural Gas, Electric
Lot Size: 0.19 Acres
Roof Type: Shingle
Stories: 5.0
Taxes: $7,958
Year Built: 1900
Amenities
Bathroom with Shower Stall
Remodeled
Upgraded Cabinets
Open Floorplan
Living Room
Kitchen
Living RM/Dining RM Combo
Rain Gutters
Decorative Lighting
Feature Descriptions
Appliances: Range, Microwave, Refrigerator
Building Area Total: 3424
Community Features: Walk/Jog Trails, Medical Facility, Bike Path, House of Worship, Public School, Sidewalks
Compensation Based On: N/A
Compensation Broker Transaction: N/A
Compensation Buyer Agency: N/A
Compensation Sub Agency: N/A
Compensation Sub Agency Offered: N/A
Days on Site: 10
Door Features: Insulated Doors
Dwelling Type: 5+ Family - Rooming House
Electric: Circuit Breakers
Exterior: Frame
Flooring: Wood, Hardwood
HeatingY/N: 1
Laundry: Electric Dryer Hookup, Washer Hookup
Lot Features: Corner Lot
Open Parking Y/N: Yes
Parcel Number: 726478
Parking Features: Off Street, Paved
Parking Total: 10
Patio And Porch: Porch, Deck - Wood
Rent Includes: Unit 1(Heat, Electric, Water, Hot Water), Unit 2(Heat, Electric, Water, Hot Water), Unit 3(Heat, Water, Hot Water), Unit 4(Heat, Electric, Water)
Road Responsibility: Public Maintained Road
Rooms Total: 14
Sewer: Public Sewer
Units: 8
Utilities: for Gas Range, for Electric Oven, for Electric Dryer, Washer Hookup
Water: Public
Window Features: Insulated Windows, Screens
Listed By / Shown By
Listed By
Agency Name: LAER Realty Partners / Janet Cramb & Company
Agent Name: Janet Cramb
Agency Phone: 978-433-2600
Shown By
Agent Name: Rachel Stevens
Agent Phone:
Agency Title: Better Homes and Gardens Real Estate The Masiello Group
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Estimated Payment
$ 3,117.47 per month $2,169.93 Principal & Interest $663.17 Property Tax $284.38 Homeowner's Insurance
113-115 Main Street | MLS# 73594846
This multi-family property located at 113-115 Main Street, Pepperell, MA 01463 is currently listed for sale with an asking price of $975,000. Search Pepperell real estate on rachelstevens.masiellogrouprealestate.com today.