254 North Main Street

Natick, MA 01760

$995,000
Price
4
Beds
2
Baths
2
1/2 Baths
2,464 Sq. Ft.
$404 / Sq. Ft.
2,464
Sq. Ft.
$404
per Sq. Ft.

Description

254 N Main Street offers an exceptional investment opportunity! This property is designated for both commercial and residential purposes, featuring two residential units and retail space. With its prime condition and flexible zoning, it serves as an ideal location for business owners seeking a professional presence. Perfect for various businesses like law offices, architectural firms, mortgage companies, CPA firms, financial institutions, insurance agencies, advertising firms, and more, the possibilities...254 N Main Street offers an exceptional investment opportunity! This property is designated for both commercial and residential purposes, featuring two residential units and retail space. With its prime condition and flexible zoning, it serves as an ideal location for business owners seeking a professional presence. Perfect for various businesses like law offices, architectural firms, mortgage companies, CPA firms, financial institutions, insurance agencies, advertising firms, and more, the possibilities are endless. Positioned in a highly sought-after area, this property is a valuable asset for any investor. Currently fully leased. Convenient to both Boston and Worcester, with easy access to the MA Pike and commuter rail Framingham/Worcester lines, and all that downtown has to offer TCAN (The Center for Arts in Natick) Farmers Market, shops & restaurants. The roof, siding, 3 new electrical panels, new kitchen cabinets, recessed lights, and mini-split system are all 2 years old.
  1. Listed by Frederica Tassis • Century 21 North East

Property Details for 254 North Main Street

Town
Natick
Area
MA-Natick
Garage Spaces
0
Parking Spaces
6.00
Parking Spaces Total
6
LISTING UPDATED: 10/21/2024 10:14 AM

Property Details for 254 North Main Street

StatusBack On Market
MLS #73298954
Days on Market18
Taxes$6,093 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 3 Family - 3 Units Up/Down
Year Built1900
CountyMiddlesex County

Building Information for 254 North Main Street

Stories6Residences3Year Built1900Building Size-Lot Size0.11 AC / 5,001 SF

Property Information for 254 North Main Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Living Area: 2464.0
  • SqFt with Basement: No
  • Total Units: 3
  • Waterfront: No
  • Water View: No
  • Year Built Details: Renovated Since
  • Year Built Source: Public Records
Features
Interior Features
  • Basement Features: Interior Access
  • Num of Baths: 4.0
  • Num of Full Baths: 2
  • Num of Half Baths: 2
  • Bathrooms Total Decimal: 3.00
  • Bathrooms Total Integer: 4
  • FireplaceYN: No
  • Fireplaces: 0
  • SpaYN: No
Exterior Features
  • Exterior Features: Deck
  • Lot Description: Corner Lot
  • Patio And Porch Features: Deck
  • Roof Material: Shingle
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Off-Street
  • Parking Features: Off-Street
  • Parking Features: Off-Street
Utilities
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • Year Round: Yes
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Road Frontage Type: Public
Tax Information
  • Tax ID: 664372
  • Assessments: $497,000
  • Book: 79769
  • Tax Year: 2024
  • Zoning: mixed use
Building / Association Information
Living Characteristics
  • Beds Total: 4
  • Total Living Levels: 6
Other Building Characteristics
  • Foundation: Concrete Perimeter
Income / Expenses
  • Electricity: $1,080.00
  • Annual Expenses Source: Owner
  • GOI: $76,800.00
  • Gross Scheduled Income: $900.00
  • Insurance: $2,100.00
  • GRE: $16,400
  • MSE: $3,227
  • RME: $1,800
  • NOI: $60,400.00
  • Operating Expense: $16,400.00
  • WSE: $1,200.00
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 2
  • Lease U1: Y
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 3
  • Lease U2: Y
  • Levels U2: 1
Unit 3 Description
  • Floor U3: 1
  • Levels U3: 1
Rental Info
Rental Info
  • Total Actual Rent: $6,400.00

Property History for 254 North Main Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 254 North Main Street

Taxable ValueLand$374,800Additions$122,200Total$497,000
Tax Record2024$6,093 ($508 / month)
Home Facts
Total Finished SqFt2,464 SqFtAbove Grade Finished SqFt2,464 SqFtStories1Lot Size5,001 SqFtStyleOffice BuildingYear Built1900ZoningLCCountyMIDDLESEXAPNNATI M:00000012 P:00000012

Schools near 254 North Main Street

This home is within Natick School District.
Rating
School
Type
Grades
Distance
Public - K to 4
Public - 5 to 8
Public - 9 to 12
Rating
School
Distance
Bennett-Hemenway Elementary School
PublicK to 4

Wilson Middle School
Public5 to 8

Natick High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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254 North Main Street is a multi-family home for sale in Natick, MA 01760. This property was listed for sale on October 4, 2024 by Century 21 North East, it's currently listed at $995,000. This listing's school district is Natick School District. Nearby schools include Bennett-Hemenway Elementary School, Wilson Middle School and Natick High School. 254 North Main Street is a 4-bed, 3-bath, 2,464 sqft multi-family home built in 1900.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Century 21 North East, Frederica Tassis

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. The property listing data and information, and the images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein.