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.
This home has been viewed 61 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
Annual Expenses for 2-12 Powder Mill Road, Acton MA 01720
Total Gross Expenses (Calculated)$99,999/year
APOD Available
Heating
Electricity
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Real Estate Tax99999
Annual Income & Unit Breakdown for 2-12 Powder Mill Road, Acton MA 01720
Total Gross Income (Calculated)$0
General Information for 2-12 Powder Mill Road, Acton MA 01720
Listing ID72850011
Property TypeMulti Family / 5+ Family
Price13750000
Style
CityActon
CountyMiddlesex
Neighborhood(s)
Approximate Living Area Total457036
Approximate Lot Size (Acres)10.49
Total Parking412
Year Built2022
Water
Sewer
Electric
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
Basement
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Foundation Description
Accessible Features
Outdoor Space
ZoningRes
Zoning DetailsOther (See Remarks)
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Disclosures for 2-12 Powder Mill Road, Acton MA 01720
Lead Paint
UFFI
Living Area Includes Basement
Living Area Disclosure
Building Area Source
ExclusionsPersonal Belongings
Financial Data Source
Total Gross Expenses By Broker
Total Gross Income By Broker
Total Net Income By Broker
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation.00001
Facilitator Compensation0
Compensation Based On
Financial Information for 2-12 Powder Mill Road, Acton MA 01720
Real Estate Taxes99999
Tax Year2021
Assessed Value$0
Financial Data Source
Total Gross Expenses By Broker
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker
BostonRealEstate.com Gross Income
Total Net Income By Broker
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
Location Information for 2-12 Powder Mill Road, Acton MA 01720
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Area Amenities
Contact Information for 2-12 Powder Mill Road, Acton MA 01720