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 45 times
Last Checked: May 7th, 2024 at 3:16am (Source: MLS PIN #72850041)
Gross Income: $0
Gross Expenses: $9,999,999
Net Income Calc: $9,999,999
Water Views
Annual Expenses for 2-12 Powder Mill Road, Acton MA 01720
Total Gross Expenses (Calculated)$9,999,999/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax9999999
Annual Income & Unit Breakdown for 2-12 Powder Mill Road, Acton MA 01720
Total Gross Income (Calculated)$0
Unit 1
Rental Income$0
LeaseN
Bedrooms0
Bathrooms
Floor0
Levels in Unit0
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms0
Bathrooms
Floor0
Levels in Unit0
Rent Includes
Unit 3
Rental Income$0
Lease
Bathrooms
Rent Includes
Unit 4
Rental Income$0
Lease
Bathrooms
Rent Includes
General Information for 2-12 Powder Mill Road, Acton MA 01720
Listing ID72850041
Property TypeMulti Family / 5+ Family
Price13750000 ($137.5/SqFt)
Style5-9 Family
CityActon
CountyMiddlesex
Neighborhood(s)
Approximate Living Area Total99999
Approximate Lot Size (Acres)10.49
Total Parking198 (99 Garage)
Garage Parking99
Year Built2022
Year Built SourceOwner
Year Built DetailsApproximate
WaterPublic
SewerOther
Electric
Hot Water
Roof Material
BasementFull
Construction Materials
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor Space
ZoningMulti Fam
Water ViewsYes
Water Views FeaturesBay
Waterfront FeaturesRiver
Terms
Disclosures for 2-12 Powder Mill Road, Acton MA 01720
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourceOther
ExclusionsSheds
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 Compensation0.00001
Facilitator Compensation0
Compensation Based OnNet Sale Price
Financial Information for 2-12 Powder Mill Road, Acton MA 01720
Real Estate Taxes9999999
Tax Year2021
Assessed Value$9,999,999
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
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 2-12 Powder Mill Road, Acton MA 01720