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

29,576 SqFt

UPDATED:

11/01/2024 10:03 PM

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 29,576 sqft

Price per Sqft $336

MLS Listing ID 73294044

Year Built 1904

Annual Tax Amount $7,281

Tax Year 2024

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

Zoning DM

Direction E Central St to Church St, please use GPS

Interior

Fireplaces Number 18

Exterior

Exterior Feature Other

Waterfront false

Roof Type Other

Parking Type Other

Garage No

Building

Lot Description Corner Lot, Other

Story 18

Foundation 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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