4-8 Church Street
$9,950,000
—
29,576
29,576
$336
Description
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...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.
- Listed by Dream Team • Dreamega International Realty LLC
- Listed by Yifei Wang • Dreamega International Realty LLC
- Listed by Shuocen Yuan • Dreamega International Realty LLC
Property Details for 4-8 Church Street
Town
Natick
AreaMA-Natick
Garage Spaces0
Parking Spaces.00
LISTING UPDATED: 11/01/2024 06:07 PM
Property Details for 4-8 Church Street
Status | Active |
---|---|
MLS # | 73294044 |
Days on Market | 58 |
Taxes | $7,281 / year |
HOA Fees | - |
Compass Type | Multi Family |
MLS Type | Multi-family / Duplex |
Year Built | 1904 |
County | Middlesex County |
Building Information for 4-8 Church Street
Stories18Residences28Year Built1904Building Size-Lot Size0.68 AC / 29,620 SF
Property Information for 4-8 Church Street
Property History for 4-8 Church Street
Date | Event & Source | Price | Appreciation |
---|
Date | Event & Source | Price |
---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 4-8 Church Street
This home is within Natick School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | 1 to 4 | |||
Public - | 5 to 8 | |||
Public - | 9 to 12 | |||
Private - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Johnson Elementary School Public1 to 4 | ||
J F Kennedy Middle School Public5 to 8 | ||
Natick High School Public9 to 12 | ||
Walnut Hill School for the Arts Private9 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.
Similar Homes
Sorry, we can't find any similar homes at this time. Please check back later.
Similar Sold Homes
Sorry, we can't find any similar sold homes at this time. Please check back later.