Off Market
4-8 Church St, Natick, MA
Natick · MA 01760
- $9,950,000
- Price
- 0
- Beds
- 0
- Baths
- 29576
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 1904
Units:
28 Units
Lot size:
0.68 Acre Lot
Price per square foot:
$336 / Sq.Ft
Parking:
No Parking
About this home
Pleased to present an exceptional opportunity for investors, builders, and developers: the chance to acquire a substantial portfolio on Natick?s Church Street. This portfolio is situated on a 0.68- acre lot, featuring five (5) parcels, seven (7) independent buildings with twenty-eight (28) condo units on Church St. In 2023, the portfolio generated a total income of about $300,000, underscoring its robust income potential. This rare real estate offering includes in-place income and future rental growth by renewing and leasing all units at full market rates.This property benefits from DM (downtown mix-use) zoning with lot coverage of 60% under current zoning bylaw, allowing for future development of approximately 60+ units, upon zoning approval, across commercial, residential, or mixed-use buildings. This presents a versatile investment opportunity with promising potential returns. Adjacent to Natick Town Hall and Natick Common, this property enjoys a prime central location.
Neighborhood & Transit
4-8 Church St, Natick · MA 01760
Nearby transit
Within 0.5 mile, measured straight-line to the nearest station entrance.
-
Natick Center Commuter Rail 1 route 0.18 mi
- Framingham/Worcester Line
Price Insight
- Days on Market:
- 769 days
- Listing Price:
- $9,950,000
- Price per Sq.Ft:
- $336
- Tax Assessment:
- $593,900 in 2024
- Taxes:
- $607 / Monthly
Home Facts
Interior Features
- Bedrooms
- 0
- Full Bathrooms
- 0
- Half Bathrooms
- 0
- Living Area
- 29,576 Sq.Ft
- Broker Disclosure about Living Area
- 0.68 Acre Lot, 5 Parcels, 7 Buildings, 28 Units
- Kitchen
- Unknown
- Primary Bedroom
- Unknown
- Laundry
- Unknown
- Living levels
- Unknown
- Rooms
- Unknown
- Above grade area
- 29576
- Flooring
- Unknown
- Lead paint
- Unknown
Utilities
- Heating Type
- Unknown
- Heating Zone
- Unknown
- Cooling
- Unknown
- Cooling Zones
- Unknown
- Water
- Unknown
- Sewer
- Unknown
- Electric Features
- Other (See Remarks)
Exterior Features
- Lot Size
- 29,620 Sq.Ft
- Lot Description
- Unknown
- Exterior Features
- Unknown
Parking
- Garage Parking
- 0 Parking Spaces
- Off Street Parking
- None
Construction Details
- Construction Type
- Unknown
- Siding
- Other (See Remarks)
- Roof
- Unknown
Green Features
- Electric Vehicle Charger
- Unknown
- Solar Panels
- Unknown
- Green Certified
- Unknown
- Insulation Features
- Unknown
- Energy Features
- Unknown
Listing information
- Listing agent
- Dream Team
- Listing office
- Dreamega International Realty LLC
- MLS PIN #
- 73294044
- Disclosure
- +/- 29576 SQUARE FOOT BUILDINGS SITTING ON A 0.68 ACRE LOT, RIGHT NEXT TO NATICK CITY TOWN HALL
- Disclosure
- 0.68 Acre Lot, 5 Parcels, 7 Buildings, 28 Units