Solid investment opportunity. 11 unit property offering ten 1 bed units and one 2 bed unit. Property is fully occupied. Plenty of off street parking for all tenants, also a 1 car detached garage as well. The property is located near the NH border and surrounded by single family homes in a quiet neighborhood. Easily commute to NH or within MA. There is room for rental increases. Financials available for serious, interested and qualified buyers.
This home has been viewed 31 times
Last Checked: May 7th, 2024 at 7:06am (Source: MLS PIN #73058258)
Gross Income: $28,200
Gross Expenses: $10,792
Net Income Calc: $17,408
CAP Rate: 1.39%
Annual Expenses for 97 Groton St, Pepperell MA 01463
Total Gross Expenses (Calculated)$10,792/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$10,792
Annual Income & Unit Breakdown for 97 Groton St, Pepperell MA 01463
Total Gross Income (Calculated)$28,200
Unit 1
Rental Income$850
LeaseN
Bedrooms1
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingNo
Rent Includes
Unit 2
Rental Income$1,500
LeaseN
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit0
HeatingNo
Rent Includes
Unit 3
Rental Income$0
Lease
Bedrooms
Bathrooms
Floor
Levels in Unit
HeatingNo
Rent Includes
Unit 4
Rental Income$0
Lease
Bedrooms
Bathrooms
Floor
Levels in Unit
HeatingNo
Rent Includes
General Information for 97 Groton St, Pepperell MA 01463
Listing ID73058258
Property TypeMulti Family
Price$1,250,000 ($140.06/SqFt)
Style5+ Family - 5+ Units Up/down
CityPepperell
CountyMiddlesex
MLS Area
Neighborhood(s)
Approximate Living Area Total8,925 SqFt
Approximate Lot Size (Acres)1.84 acres
Total Parking12 (1 Garage)
Garage Parking1 / Detached
Year Built1910
Year Built SourcePublic Records
Year Renovated
Year Built DetailsActual
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction Materials
Lot FeaturesCleared
Foundation Area
Foundation DescriptionConcrete Perimeter
Accessible Features
Outdoor Space
ZoningSUR
Zoning Details
Water Views
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 97 Groton St, Pepperell MA 01463
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
Title 5
Exclusions
Disclosures
Financial Data Source
Total Gross Expenses By Broker$0
Total Gross Income By Broker$28,200
Total Net Income By Broker$28,200
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation2%%
Facilitator Compensation1%%
Sub-Agent Compensation
Compensation Based OnNet Sale Price
Financial Information for 97 Groton St, Pepperell MA 01463
Real Estate Taxes$10,792
Tax Year2022
Assessed Value$629,300
Financial Data Source
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$28,200
BostonRealEstate.com Gross Income
Total Net Income By Broker$28,200
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)1.39%
Location Information for 97 Groton St, Pepperell MA 01463
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area AmenitiesHighway Access, Public School, Shopping, Park, Medical Facility, Public Transportation
Contact Information for 97 Groton St, Pepperell MA 01463