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11-Unit Apartment Property
For Sale
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Pending

97 Groton St, Pepperell, MA 01463

Fully occupied multifamily asset with a one- and two-bedroom unit mix, open layouts, parking, and a detached garage.

Property SizeContact for details
Days on Market143

Property Features for 97 Groton St

General Information

Standard status Pending
Property subtype Multifamily
Listing Agency: Berkshire Hathaway HomeServices Commonwealth Real Estate Wellesley
Listed By: Trish Marchetti · License #MA 9036673
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 2:26PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Berkshire Hathaway HomeServices Commonwealth Real Estate Wellesley

Investment Insights

Based on property information with market context.

This fully occupied apartment property comprises 11 units on 2.24 acres, including 10 one-bedroom apartments and one two-bedroom apartment. The units feature open floor plans, while the post-and-beam construction and wide pine flooring add distinctive character. Recent improvements include a new roof and new siding.

The property includes ample parking, a large yard, and a 1-car garage. Its Pepperell, MA location is identified by the address at 97 Groton St, Pepperell, MA 01463. Unit photographs, a rent roll, and financial statements are available upon request.

Key Highlights

  • 11‑unit apartment property on 2.24 acres
  • Unit mix includes 10 one‑bedroom units and 1 two‑bedroom unit
  • Fully occupied building with open floor plans

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Dental Office Auto Repair Shop Grocery & Convenience Store Parking Lot & Garage Storage Facility Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

243
Businesses Nearby

Demographics for 01463, MA

11,621
Population
4,516
Households
2.6
Avg Household Size
44
Median Age
44%
College-Educated
97%
High-School Grad
22.6 sq mi
ZIP Area
514
Density / Sq Mi
$126,824
Median Household Income
$62,658
Median Earnings
$1,303
Median Rent
$459,800
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Fully occupied multifamily asset with a one- and two-bedroom unit mix, open layouts, parking, and a detached garage.
Where is this apartment building located?
The property is located at 97 Groton St Pepperell, MA.
What are key features of this property?
This property features: 11‑unit apartment property on 2.24 acres; Unit mix includes 10 one‑bedroom units and 1 two‑bedroom unit; Fully occupied building with open floor plans
(781) 237-8000 Call to check price and availability
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