Multi-Family for Sale: 4-8 Church St, Natick, MA 01760

29,576 sqft
$9,950,000
$9,950,000
4-8 Church St, Natick, MA 01760
29,576 sqft
$9,950,000
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Price:
$9,950,000

Type Multi-Family
Square Feet 29,576 sqft
Lot Size 0.68 acres
Year Built 1904

City Natick
County Middlesex

MLS 73294044
Status Active
DOM 83 days
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.

Lot & Building Features

Construction See Remarks
Sewer Public Sewer
Tax Year 2024
Taxes Paid $7,281
Water Public
Foundation Other
Exterior Features Other
Roof Other
Parking Other
Total Rooms 18
Garage Spaces 0
Fireplaces 18

Price History of 4-8 Church St

Date Name Price Difference
09/24/2024 Listing Price $9,950,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Map of 4-8 Church St, Natick, MA

Location Map Street View
Photo of Dina Melanson
Dina Melanson
Realtor
Direct: 802-839-8247
Office
655 Wallis Road.
Rye, NH 03870
603-964-7000
Listed by Dreamega International Realty LLC, Dream Team
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4-8 Church St (MLS #73294044) is a multi-family listing located in Natick, MA. This multi-family listing is 29,576 sqft and on a lot of 29,620 sqft (or 0.68 acres) and is 120 years old. This property was listed on 09/24/2024 and has been priced for sale at $9,950,000.

Nearby zip codes are 01770, 02125, 02481, 02482 and 02493. This property neighbors other cities such as Dover, Sherborn, Wayland, Wellesley and Weston.

MLS PIN

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Dreamega International Realty LLC

The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.