Land for sale, Commercial Property for sale in Charlton Massachusetts | Lands of Massachusetts
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Land for sale including Commercial Property in Charlton Massachusetts

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$479,000 1.23 acres 4664 sqft
82 Dresser Hill Rd, Charlton, MA 01507 - Worcester County

1.23 acres Charlton, MA

HUGE PROPERTY WITH 2 COMMERCIAL UNITS & 2 RESIDENTIAL UNITS LOCATED ON RT.31. THIS MIXED-USE PROPERTY HAS APPROXIMATELY 4,600 SQUARE FEET OF SPACE & HAS BEEN MAINTAINED IN EXCELLENT CONDITION. IT IS LISTED AT A NET CAPITALIZATION RATE OF 7.17%. YES, THAT IS A NET CAP RATE OF 7.17% NOT TO BE CONFUSED WITH A GROSS CAP RATE. WHAT BANK IS GOING TO PAY YOU THAT TYPE OF RETURN ON YOUR MONEY & HAVE THE POTENTIAL FOR CAPITAL APPRECIATION? THE LISTING PRICE IS A DEEP DISCOUNT TO ITS REPLACEMENT COST IN TODAY'S MARKET. IDEAL PROPERTY FOR BUYERS WHO ARE LOOKING FOR A MORTGAGE HELPER OR AN INVESTOR WHO IS LOOKING FOR AN EXCELLENT INVESTMENT PROPERTY IN THE DESIRABLE TOWN OF CHARLTON. CALL NOW FOR MORE INFORMATION ON THIS LISTING INCLUDING THE INCOME