Active
4-8 Church St
Natick MA, 01760
$9,950,000
$335.92 per sqft
Active
0.68 Acres
Land
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.
73294045
MLSⓇ ID
September 24, 2024
Listed
November 22, 2024
Updated
Map
4-8 Church St
Natick MA, 01760
Exterior/Building Features
Lot Size
0.68 Acres
Lot Features
Other
Sewer
Public Sewer
Other Property Details
Days on Market
38
Garage
No
View
No
County
Middlesex
Water Source
Public
Pool
No
Zoning
0
Courtesy of Dream Team, Dreamega International Realty LLC
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Data last updated 12:12 AM UTC, 11/22/2024
