Pepperell Land for Sale
If you're in the market for land in an ideal location to build a dream home, Pepperell likely has just what you've been looking for all along. Undeveloped lots in the low $200,000's in locations well off the road are great options that are sure to please.
Geographic Location
With 11,000 people, this town offers a nice taste of small-town New England. It's 40 miles from Boston, making the location accessible, yet somewhat removed from the activity of locations closer to the city.
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Land for Sale
The Nashua and Nissitissit rivers both converge in this town, providing a beautiful landscape that matches the covered bridges and orchards found throughout the countryside. Routes 111, 113, and 119, all Massachusetts state highways, run through here. Neighboring communities include Brookline and Hollis, NH, Groton, Dunstable, and Townsend.
What Types of Developments Could You Build Here?
One of the good things about buying lots in this community is that many of them already have features like driveways. Many of the options for a lot that you buy have multiple acres that allow you greater flexibility in meeting your needs.
Homes
Some of the most popular home styles for new houses here include Colonials, as well as custom executive-style homes. Builders have also started building houses in Greek Revival or similar styles. All of these styles are classics in the area that are also easy to adapt to modern demands.
One thing that you could do about developing homes in this area that would ensure high selling prices is using solar panels and other eco-friendly features. Many buyers look for these types of amenities, and offering them also increases the overall appeal because of the savings they will enjoy on their heating costs.
Homes constructed with an extra suite that could be converted into an apartment are worth considering, along with houses that are easily converted into two-family options. When you construct houses using these styles, you'll have excellent chances of getting the most out of your investment.
Apartment Buildings
Although there are usually at least a few apartments available for rent in this town at any given time, apartment building as a while are in low supply. In late spring of 2018, prices for apartments were ranging between $700 a month for a 1-bedroom/1-bath efficiency unit to $1,525 for a 2-bedroom/1-bath with an open floor plan and private deck.
Constructing apartment buildings on lots with easy access to town is one way to help meet a need for more apartments in this area. Units built with hardwood flooring and sufficient cabinet space to suit almost any need are some of the top amenities to keep in mind for these developments.
Another type of style that could suit many locals' needs is a townhouse or duplex-style building. As the majority of rentals in this town are single-family houses, there is a market for housing for renters who need larger spaces.
Commercial Investment Properties
Building these developments in high-traffic areas like along Route 111 is a good way to ensure that you attract tenants for whom location matters. A big enough property easy for a buyer to subdivide among multiple tenants is a good selling point for prospective buyers.
Another possibility that takes the area's rural nature into account is developing property to sell as a horse farm or boarding facility. Many people who buy horse properties are interested in generating an extra income through horse boarding, which serves a need for owners living in towns where keeping a horse on their own property is not an option.
Retail Space
There are several smaller lots in town suitable for standalone buildings to suit the needs of a retail store. Companies expanding into less-populated areas will often seek out these types of locations because of the need they fill for rural customers.
Another possibility to consider includes buildings to accommodate a few local retailers who are likely to have more modest needs for space. As with a larger commercial property, having these buildings placed in a high-traffic location makes all the difference in attracting the right tenants.
Developing lots in this area into either commercial or residential properties is a good way to get the most out of your overall investment.
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Land for Sale