Co-Ownership Opportunity: Spacious 5-Bedroom Home with Garage on Half an Acre in Pepperell, MA

Looking to enjoy the perks of homeownership without shouldering the full financial burden? This is your chance to co-own a beautifully maintained 5-bedroom, 3-bathroom single-family home in Pepperell, located on a quiet cul-de-sac near conservation land, schools, and town amenities. I’m forming a group of co-buyers to collectively purchase this generous and functional Cape-style residence.

Whether you’re seeking a family-friendly home base, a countryside retreat, or an investment opportunity, this property offers comfort, privacy, and value just under an hour from Boston.

Property Overview

• Location: 10 Merrimac Dr, Pepperell, MA (Middlesex County)
• Listing Price:$689,000 (Split evenly among co-owners)
• Platform Fee: $6,890 5% of total price (refundable if the transaction does not close)
• Property Type: Single-Family Residence
• Year Built: 1994
• Living Area: 2,578 square feet
• Lot Size: 0.55 acres (gentle slope, quiet residential setting)
• Zoning: RCR
• Style: Cape

Bedrooms and Bathrooms

Total Bedrooms: 5

• Primary Bedroom: 22’ x 22’ (484 sq ft) – carpet flooring, en suite bath, walk-in closet
• Bedroom 2: 11’ x 14’ (154 sq ft) – hardwood floors, ceiling fan
• Bedroom 3: 13’ x 9’ (117 sq ft) – hardwood floors, ceiling fan
• Bedroom 4: 10’ x 13’ (130 sq ft) – hardwood floors
• Bedroom 5: Located in the basement – vinyl flooring, great for guests or home office

Total Bathrooms: 3 (Full)

• Bathroom 1 (Main Level): Full bath with tub/shower, laminate flooring
• Bathroom 2 (Second Floor): Full bath with tub/shower, linen closet, laminate flooring
• Bathroom 3 (Basement): Full bath with tub/shower, ceramic tile flooring

Interior Features

Total Rooms: 9

• Living Room: 12’ x 15’ (180 sq ft) – cathedral ceilings, bay window, fireplace, hardwood floors
• Family Room: 14’ x 22’ (308 sq ft) – second floor, hardwood floors
• Dining Room: 11’ x 11’ (121 sq ft) – hardwood floors, deck access via sliding door
• Kitchen: 11’ x 12’ (132 sq ft) – ceramic tile flooring, gas range hookup
• Appliances Included: Range, refrigerator, dishwasher, disposal, microwave, washer, dryer, tankless water heater
• Laundry: Located in basement, tile floors, gas dryer hookup
• Additional Features: Broadband internet, central air conditioning, forced air heating, 1 fireplace (living room), security system installed

Exterior Features

• Outdoor Spaces: Wood deck, patio area, storage shed
• Lot: Gently sloped 0.55-acre lot with mature landscaping
• Garage: 2-car attached garage with paved driveway
• Parking: 5 total spaces (garage + driveway)

Location and Community

• This home is nestled in a quiet neighborhood close to town conveniences:
• Nearby Varnum Brook Elementary, Nissitissit Middle School, and North Middlesex High
• Close to public transportation, local shopping, houses of worship, and more
• Easy access to scenic conservation areas and walking trails

Ownership and Tax Info

• Annual Property Tax: $7,037 (2024)
• Parcel Number: 725646
• Monthly HOA Fees: None

How Co-Ownership Works

Join as a Co-Owner

• Buyers collectively purchase the property and share both usage and ownership rights. Each co-owner contributes an equal financial share.

Platform Fee

• To hold your share, a 5% platform fee is required. This amount is fully refundable if the transaction doesn’t move forward.

Escrow Protection

• Funds are securely held in escrow until the ownership group is complete and the property is ready to close.

LLC Formation

• All co-owners will form a Limited Liability Company (LLC) to manage the home with a clear agreement outlining scheduling, responsibilities, and resale rights.

Closing Process

• Once all spots are claimed and funds are in, the deal is finalized and the home is officially co-owned.

Ready to Join the Ownership Group?

This flexible co-ownership model offers an affordable way to access a spacious and well-appointed home in one of Middlesex County’s most desirable communities. Whether for family use, remote work, or rental potential, this Pepperell property offers space, privacy, and peace of mind.

📞 Call: 774-296-8985

📧 Email: support@invastor.com