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$399,900 total
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Asset Class
Specialty
Size
—
Building class
A
Zoning
US — Urban Services
$ / SF
—
Occupancy
82%
Lot Size
0.703 ac
A versatile property with endless possibilities, this C3 zoned offering is ideally situated on a large, cleared and landscaped corner lot with a circular driveway and plenty of parking. Offering 2,454 square feet of total living space, the property features three bedrooms and two bathrooms, including a spacious secondary suite complete with a kitchenette, three piece bath, bedroom and separate living area. The bright and inviting main entrance opens into a generous mudroom, while the main level offers a lovely open concept dining and living area, a spacious primary bedroom, and several flexible spaces that could be utilized as home offices or additional living areas. A detached single car garage provides additional storage and workshop space. Currently utilized as housing for temporary farm workers, this property offers a unique opportunity for a variety of uses. Whether you are looking for an investment, income property, business opportunity, or a property that can adapt to your changing needs, the possibilities are extensive. Conveniently located just minutes from Michelin, this is an opportunity worth exploring. (id:66811)
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Monthly debt service
$2K
Projected NOI
$21K
Annual cash flow
$-698
Cash-on-cash
-0.58%
DSCR
0.97
Going-in cap
5.37%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
Trade area within 3 miles of the property.
Population
115,557
Households
54,085
Median income
$67,000
Median age
39.7
Daytime population
127,472
5-yr growth
4.6%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 1121 Waterville Mountain Road, Cambridge.
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.