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40 High St

4 Unit Apartment Building For Sale Acton, MA 01720

Investment Highlights

  • Large four family property on 2.5 acres with a preliminary approval for an additional three building lots
  • Developable land
  • Public Transportation

Executive Summary

Large four family property on 2.5 acres with a preliminary approval for an additional three building lots. Property is suited for developers, investors, or owner/users looking to build a home or occupy a portion of the multi family and collect rent/develop the rest. 40 High Street is a picturesque property in a highly sought after school district located 1/2 mile from the South Acton commuter rail. Each unit has separately metered utilities with its own gas furnace and separate gas water heater. Coin operated washer and dryer located in the basement. Two chimneys were lined last year. See conceptual development plan in documents. A link to a virtual tour and Matterport 3D tour of the property is available. www.seetheproperty.com/u/443719

Financial Summary (Actual - 2022) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2022) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual $99,999
Annual Per SF $9.99
Vacancy Loss
Annual $99,999
Annual Per SF $9.99
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts Under Contract

Sale Type Investment
No. Units 4
Property Type Multifamily
Property Subtype Apartment
Building Class C
Lot Size 2.50 AC
Building Size 7,053 SF
No. Stories 4
Year Built 1896

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
ACTO-000003BH000010
Land Assessment
$305,700 (2024)
Improvements Assessment
$693,000 (2024)
Total Assessment
$998,700 (2024)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2022

zoning

Zoning Code R-2
R-2
  • Listing ID: 28746292

  • Date on Market: 6/13/2023

  • Last Updated:

  • Address: 40 High St, Acton, MA 01720

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