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1 Foster St
Pepperell, MA 01463

$1,114,000 USD

Apartments For Sale  •  3,224 SF

Property Details

  • Property Type Apartments
  • Total Building Size 3,224 SF
  • Lot Size 0.01 AC
  • Building Class C
  • Year Built 1900
  • Cap Rate 9.31 %
  • Zoning Commercial/Residential
40 Walk Score

Highlights

Multi family consist of 6 residential units, 1 commercial office space and a detached house. Totaling 8 units.
Fully renovated kitchens and baths. New roof 2025. Off street parking. Coin operated laundry.
Licensed rooming house. All units are fully furnished except office space.
Public water, sewer and gas.
3rd floor walk up has potential for additional unit.
Commercial office unit rents for $900 a month.

Financial Summary (Actual)

Net Operating Income: $103,694 USD (2025)
Cap Rate: 9.31 %
Total Expenses: $32,406 USD

Amenities

  • Air Conditioning
  • Dishwasher
  • Laundry Facilities
  • Microwave
  • Storage Space
  • Washer/Dryer
  • Heating
  • Wi-Fi
  • Eat-in Kitchen
  • Kitchen
  • Hardwood Floors
  • High Speed Internet Access
  • Refrigerator
  • Oven
  • Stainless Steel Appliances
  • Range
  • Tub/Shower
  • Walk-In Closets
  • Attic
  • Basement
  • Double Pane Windows
  • Framed Mirrors
  • Handrails
  • Linen Closet
  • Pantry
  • Porch
  • Smoke Free
  • Window Coverings
  • Individual Locking Bedrooms
  • Private Bathroom
  • Smoke Detector

Public Transportation

Commuter RailDriveWalkDistance
Ayer (Fitchburg Line - MBTA) 17 min - 9.5 mi
AirportDriveWalkDistance
Manchester Boston Regional 40 min - 23.4 mi
Janet Cramb 978-852-5704 LAER Realty Partners
Janet Cramb 978-852-5704 LAER Realty Partners