Overview Property Details Payment Calculator Walkability

Expired

2-12 Powder Mill Road, Acton MA 01720

$13,750,000

Estimated $30,628.81/month Calculator

Multi Family

Total Units: 1

Price Per Unit: $13,750,000

Total Rent: 0/year

Estimated CAP Rate: -0.73%

0 Bedrooms

Baths

457,036 SqFt

Total Parking: 412

457,079 SqFt

Spectacular Multi Family development opportunity on the banks of the Assabet River awaits qualified developer. 230 Unit approved project on 10+ Acres in highly desirable Acton. Approved plans grant 171 market rate apartments, and 59 affordable apartment units. "Building A" i...

This home has been viewed 35 times

Last Checked: May 7th, 2024 at 1:27am (Source: MLS PIN #72850011)

Gross Income: $0

Gross Expenses: $99,999

Net Income Calc: $99,999

CAP Rate: -0.73%

Annual Expenses for 2-12 Powder Mill Road, Acton MA 01720

Total Gross Expenses (Calculated)$99,999/year

APOD Available

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$99,999

Annual Income & Unit Breakdown for 2-12 Powder Mill Road, Acton MA 01720

Total Gross Income (Calculated)$0

Unit 1

Rental Income$0

Lease

Bedrooms

Bathrooms

Floor

Levels in Unit

HeatingNo

Rent Includes

General Information for 2-12 Powder Mill Road, Acton MA 01720

Listing ID72850011

Property TypeMulti Family / 5+ Family

Price$13,750,000

Style

CityActon

CountyMiddlesex

MLS Area

Neighborhood(s)

Approximate Living Area Total457,036 SqFt

Approximate Lot Size (Acres)10.49 acres

Total Parking412

Garage Parking

Year Built2022

Year Built Source

Year Renovated

Year Built Details

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot Features

Foundation Area

Foundation Description

Accessible Features

Outdoor Space

ZoningRes

Zoning DetailsOther (See Remarks)

Water Views

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 2-12 Powder Mill Road, Acton MA 01720

Lead Paint

UFFI

Living Area Includes Basement

Living Area Disclosure

Building Area Source

Title 5

Exclusions

Disclosures

Financial Data Source

Total Gross Expenses By Broker$0

Total Gross Income By Broker$0

Total Net Income By Broker$0

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation.00001

Facilitator Compensation

Sub-Agent Compensation

Compensation Based On

Financial Information for 2-12 Powder Mill Road, Acton MA 01720

Real Estate Taxes$99,999

Tax Year2021

Assessed Value

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$0

BostonRealEstate.com Gross Income

Total Net Income By Broker$0

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)-0.73%

Location Information for 2-12 Powder Mill Road, Acton MA 01720

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area Amenities

Contact Information for 2-12 Powder Mill Road, Acton MA 01720

Agent

Name: Anthony Marino

MLS ID: CN222752

Office ID: AN8078

National Association ID: 449510128

Address: 63 Cottage Street, Unit 5

City: Newton

State: MA

Zip: 02464

Office

Name: Marino Real Estate Group

MLS Office ID: AN3656

Phone: 781-990-8880

Payment Calculator

$93,056.38 per month

30 Years Fixed, 6.75% Interest

Property Taxes $8,333.25

Principal & Interest $84,723.13

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Marino Real Estate Group

Anthony Marino

Agent Phone

Office Phone

(781) 990-8880

Text Agent Call Agent Call Office

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    [description] => Spectacular Multi Family development opportunity on the banks of the Assabet River awaits qualified developer. 230 Unit approved project on 10+ Acres in highly desirable Acton. Approved plans grant 171 market rate apartments, and 59 affordable apartment units. "Building A" is comprised of 111,358 square feet, "Building B" totals 203,752 square feet, and the structured parking garage totals 137,530 square feet. Approvals include an on site 4,396 sq ft community clubhouse with gym, yoga studio, cafe, dog washing station, leasing office, conference room, gathering room, and kitchenette. Access to Acton's Top tier public schools. Flagship, riverfront development ready to go in a ultra strong suburban market demanding more apartments. Unique opportunity that doesn't come along often.
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EXIT