$7,200,000
$7,200,000
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42 Felton Street Waltham, MA 02453
21,658 SqFt
Key Details
Sold Price $7,200,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 21,658 sqft
Price per Sqft $332
MLS Listing ID 72858778
Sold Date 11/23/21
Year Built 2017
Annual Tax Amount $78,570
Tax Year 2021
Lot Size 0.520 Acres
Acres 0.52
Property Description
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. Clean 21E on record. Nearly 100% occupancy consistently since completion! Only ONE vacant garage unit available. With a 5+% CAP rate, this building, designed to require minimum maintenance, will provide solid investment income year after year! Fantastic 1031 exchange property!!
Location
State MA
County Middlesex
Zoning Commercial
Direction Moody Street to MBTA access road along Charles River, after Felton Street but before the train track
Exterior
Utilities Available Public Water, Public Sewer, Natural Gas Available, 110 Volts
Roof Type Shingle, Metal
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Bought with Dee LeBlanc • Realty Executives