REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 9,950,000
Est. payment /mo
Active
4-8 Church St Natick, MA 01760
0.68 Acres Lot
UPDATED:
12/20/2024 03:12 AM
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
Building
Lot Description Other
Sewer Public Sewer
Water Public
Others
Senior Community false
Listed by Dreamega International Realty LLC
GET MORE INFORMATION
QUICK SEARCH
- Homes For Sale in North Andover, MA
- Homes For Sale in Andover, MA
- Homes For Sale in Haverhill, MA
- Homes For Sale in Methuen, MA
- Homes For Sale in Reading, MA
- Homes For Sale in North Reading, MA
- Homes For Sale in Danvers, MA
- Homes For Sale in Peabody, MA
- Homes For Sale in Topsfield, MA
- Homes For Sale in Boxford, MA
- Homes For Sale in Georgetown, MA
- Homes For Sale in Groveland Commons, Groveland, MA
- Homes For Sale in Hampshire, MA
- Homes For Sale in windham new hampshire
- Homes For Sale in east kingston new hampshire
- Homes For Sale in kingston new hampshire
- Homes For Sale in plaistow new hampshire
- Homes For Sale in Amesbury, MA
- Homes For Sale in Newbury, MA
- Homes For Sale in Newburyport, MA
- Homes For Sale in Merrimac, MA
- Homes For Sale in Wilmington, MA
- Homes For Sale in Atkinson, NH
- Homes For Sale in Bedford, NH
- Homes For Sale in Portsmouth, NH
- Homes For Sale in rye nh
- Homes For Sale in Hampton, NH
- Homes For Sale in Salisbury, MA