5+ Family - Rooming House at 113-115 Main Street, Pepperell MA 01463
5+ Family - Rooming House at 113-115 Main Street, Pepperell MA 01463, photo 2 of 31
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31 photos

$975,000

113-115 Main Street, Pepperell MA 01463
Pepperell, MA 01463
Listed by Janet Cramb
Bedrooms
7
Bathrooms
5.5
Living area
3,424 sqft
Year built
1900

About this home

$11,150 DAY ONE RENT ROLL! EXCEPTIONAL INVESTMENT OPPORTUNITY IN THE HEART OF PEPPERELL! Discover this unique, 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 details

MLS
MLS Property Information Network
MLS #
73594846
Property type
5+ Family - Rooming House
Subdivision
N/A
Status
Active
Days on market
1
On market date
October 25, 2026
Stories
5
Total bathrooms
5.5
Garage spaces
N/A
Parking spaces
10
Lot size
0.19 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
Varnum Brook
0.6 mi away · Grades 0-4
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
561
Student:teacher ratio
12.5:1
District
North Middlesex
Middle
Nissitissit Middle School
0.87 mi away · Grades 5-8
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
476
Student:teacher ratio
9.7:1
District
North Middlesex
High
Groton Dunstable Regional
2.21 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
704
Student:teacher ratio
13.0:1
District
Groton-Dunstable

Walkability

Blended score for Pepperell's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

49
Somewhat walkable
out of 100
EPA National Walkability Index
7.3 / 20 -- Below average walkable
Google Places amenity density
68 / 100
Restaurants & cafes9
Grocery stores1
Parks7
Schools3
Transit stops0
Pharmacies4

Market position

How this listing compares to current activity in Pepperell, from live MLS data.

On the market 1 days -- 79 fewer days than Pepperell's current average of 80 days.
For reference, the median list price across 60 active listings in Pepperell right now is $579,900.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$6,022/mo
$195,000 down
$780,000 loan
Principal & interest$5,059
Property tax (est.)$813
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated 2 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.