MLS Number 72352856
- Year Built 2017
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!!
Listed by Dee LeBlanc of Realty Executives