$660,000
SOLD APR 14, 2025

38 Mill St Pepperell, MA 01463

7 Beds
3 Baths
2,830 Sq Ft
0.36 Acres

Recently Sold

$233 Per Sq Ft

5% Below List Price

7 Days on Market

Highlights

  • Property is near public transit
  • Upgraded Countertops
  • Bathtub with Shower
  • Corner Lot
  • Jogging Path
  • Park

About This Home

As of April 2025

Turnkey Pepperell Multi-Family - Ideal Investment or Owner-Occupancy! Rare opportunity to own a well-maintained 3-unit multi-family in desirable Pepperell. Easy access to downtown, Rte 111, Rte 119, and NH. Spacious units, great yard, off-street parking, and newer heating/hot water systems. All units individually metered. Two of the three units have just been renovated with brand new stainless steel appliances, new countertops and cabinets, brand new flooring and carpeting, and fresh paint throughout. These two units are currently vacant and ready for market rent and new tenants, making this a perfect turnkey investment or owner-occupy opportunity! Buyer/Buyer's agent to do own due diligence.

Last Agent to Sell the Property

Candor Realty Group

Four Points Real Estate, LLC Listed on: 02/17/2025

Co-Listed By

Hannah Hodge

Four Points Real Estate, LLC

Last Buyer's Agent

Kelty Agnew

RE/MAX Innovative Properties

RE/MAX Innovative Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,212

Year Built

  • Built in 1882

Lot Details

  • 0.36 Acre Lot
  • Near Conservation Area
  • Corner Lot
  • Gentle Sloping Lot

Home Design

  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,830 Sq Ft Home
  • Combination Dining and Living Room
  • Washer and Dryer Hookup
  • Unfinished Basement

Kitchen

  • Range
  • Upgraded Countertops

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

Parking

  • 6 Car Parking Spaces
  • Off-Street Parking

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Heating System Mounted To A Wall or Window
  • Baseboard Heating

Listing and Financial Details

  • Total Actual Rent $1,450
  • Assessor Parcel Number M:0022 B:0054 L:00000,726217

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Recreation

  • Park
  • Jogging Path

Additional Features

  • Shops
  • Net Operating Income $17,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,212

Year Built

Built in 1882

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1882
  • Levels: 6
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 6

Interior Features

  • Flooring: Tile, Carpet, Laminate
  • Interior Amenities: Bathroom With Tub & Shower, Upgraded Cabinets, Upgraded Countertops, Remodeled, Kitchen, Living RM/Dining RM Combo, Living Room
  • Fireplace YN: No
  • Appliances: Range, Refrigerator
  • Total Bedrooms: 7
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Laundry Features: Washer & Dryer Hookup
  • Basement: Unfinished
  • Above Grade Finished Sq Ft: 2830
  • Living Area: 2830
  • Spa YN: No
  • Stories Total: 6
  • MAIN LO: AN5498
  • LIST PRICE PER Sq Ft: 245.58
  • PRICE PER Sq Ft: 233.22
  • MAIN SO: AN3560

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Wall Unit, Baseboard, Natural Gas
  • Cooling Y N: No
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Conservation Area, House of Worship, Public School
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:0022 B:0054 L:00000,726217
  • Zoning: URR
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot, Gentle Sloping
  • Lot Size Acres: 0.36
  • Lot Size Area: 0.36
  • Lot Size Sq Ft: 15682
  • Lot Size Units: Acres
  • PAGE: 260
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 6212
  • Tax Book Number: 80339

Multi Family

  • Gross Income: 17400
  • Net Operating Income: 17400
  • Number Of Units Total: 3
  • Total Actual Rent: 1450
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 3: 3
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 20, 2024
Sold by
Shapiro Spencer
Bought by
38 Mill Solutions Llc
Current Estimated Value
$652,910

Purchase Details

Closed on
Jan 11, 2022
Sold by
Int William R Clark
Bought by
101-105 Baker Avenue Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,128,060
Interest Rate
3.05%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 2, 2010
Sold by
Clark William R and Clark Linnea N
Bought by
Clark Tr William R and Clark Linnea N

Purchase Details

Closed on
Aug 31, 2004
Sold by
Mill Street Rt and Clark
Bought by
Clark Linnea N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,000
Interest Rate
6.02%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Not Resolvable $598,000 None Available
Deed -- --
Deed -- --
Deed -- --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $360,000 Purchase Money Mortgage
Previous Owner $1,128,060 Construction
Previous Owner $207,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2025 04/14/25 Sold $660,000 -5.0% $233 / Sq Ft
02/24/2025 02/24/25 Pending -- -- --
02/17/2025 02/17/25 For Sale $695,000 +44.8% $246 / Sq Ft
06/27/2022 06/27/22 Sold $480,000 +1.1% $170 / Sq Ft
05/17/2022 05/17/22 Pending -- -- --
05/13/2022 05/13/22 For Sale $475,000 -- $168 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,657 $455,000 $148,700 $306,300
2024 $6,212 $432,900 $136,600 $296,300
2023 $5,419 $357,900 $115,300 $242,600
2022 $5,262 $306,800 $91,100 $215,700
2021 $5,034 $280,900 $78,900 $202,000
2020 $4,770 $280,900 $78,900 $202,000
2019 $4,459 $268,800 $78,900 $189,900
2018 $4,406 $268,800 $78,900 $189,900
2017 $4,227 $266,000 $72,800 $193,200
2016 $4,028 $243,700 $72,800 $170,900
2015 $3,887 $243,700 $72,800 $170,900
2014 $3,970 $250,300 $78,900 $171,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73335874

MLS Property Information Network (MLS PIN)

APN: PEPP-000022-000054