MA > Natick
Natick, MA 01760,4-8 Church St
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Natick, MA 01760,4-8 Church St
Natick, MA 01760,4-8 Church St
Natick, MA 01760,4-8 Church St
Natick, MA 01760,4-8 Church St
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Lisa Sevajian

Lisa Sevajian

+1(978) 457-3406
$ 9,950,000
Est. payment /mo
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Active

4-8 Church St Natick, MA 01760

0.68 Acres Lot

UPDATED:

11/01/2024 10:04 PM

Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 73294045

HOA Y/N false

Tax Year 2023

Lot Size 0.680 Acres

Acres 0.68

Property 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 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.

Location

State MA

County Middlesex

Direction E Central St to Church St, please use GPS

Exterior

Community Features Public Transportation, Shopping, Park, Medical Facility, Highway Access, Public School, T-Station

Waterfront false

Building

Lot Description Other

Sewer Public Sewer

Water Public

Others

Senior Community false

Listed by Dreamega International Realty LLC

Lisa Sevajian

Agent | License ID: 95000355

+1(978) 457-3406

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4-8 Church St

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