Kevin Song, Serving Your Real Estate Needs in Waltham, Watertown, Arlington, Cambridge, Somerville

42 Felton Street, Waltham, MA 02453  

Commercial
$6,750,000
Price
1
Buildings
Commercial
Type of Comm.
22,705.00
Lot Size
Station42 at Forty2 Felton is a spectacular new construction development featuring 16 highly sought after, rarely offered, commercial units with combined office and garage spaces. The local developer, well known for high quality construction, has created this one of kind property with a combination steel beam, concrete and stickbuilt structure right on the edge of the Charles River. 13 Units occupied, 3 available! With an projected annual income of $485,400, net operating income of $404,230 and approx 6+% CAP rate, this building, designed to require minimum maintenance, will provide solid investment income year after year! Fantastic 1031 exchange property!!
Open House
No scheduled Open Houses
Highlights
Lot Size: 22,705.00
Acres: 0.52
List Price: $6,750,000
Type: Commercial
Type of Comm.: Commercial
Status: Active
Driving Doors: 16
Restrooms: 24
Stories: 3
Buildings: 1
Total Units: 16
Units: 16
Total Sq. Ft.: 21,658
Year Built: 2017
Approx. GLA: 21,658
Sub Dividable: N
MLS#: 72352856
 
Interior
Elevator: No
Exterior
Acres: 0.52
Space Dividable: Yes
Expandable: No
Handicap Access: No
Lot Size: 22,705.00
Parking Spaces: 16
Parking Features: Assigned, Garage, Paved Driveway
Construction: Stone/Concrete, Frame, Steel
Roof Material: Asphalt/Fiberglass Shingles, Metal
Site Condition: Level
Sprinklers: Yes
Location: Downtown, Highway Access, Public Transportation, Central Business District
Utilities: Public Water, Public Sewer, Natural Gas, 110 Volts
Taxes
Short Sale Lender Approval: No
Lender Owned: No
21E On File: Yes
Condo Assoc.: No
Exchange: No
Gross Annual Expenses: $81,170
Gross Annual Income: $485,400
Tax Year: 2017
Lien and Encumbent: No
Net Operating Income: $404,230
Book/Page: 0000/0000
Sublet: No
Plat Plan: Yes
Special Financing: No
Survey: Yes
Zone Description: Legal Conforming
 
 
Features
Office Sq. Ft.: 6,776
Office Units: 8
Warehouse Sq. Ft.: 14,882
Warehouse Units: 16
 
 
Additional
Disclosure Declaration: No
Disclosure: 13 units are rented/occupied. 3 units available. LA is owner.
For Lease: No
Space Available: For Sale
Map
Area Sales
Similar Listings
The listing office is Realty Executives and the listing agent is Dee LeBlanc. The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and it's subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein. The data was last modified on 9/23/2018 4:35:00 PM.
Loading