Rare 3 family in sought after Historic downtown Natick! Located just steps away to Natick Center, commuter rail, shopping, restaurants, library, the Rail Trail and major routes. 2nd floor 5 Room unit is unoccupied - $1800/month rent potential. First floor left unit 1 Bedroom $1300/month rent. First Floor Right Studio Unit $900/month rent. Additional storage space in 3rd floor walkup. Storage Shed and Outbuilding. Town Water & Sewer: $722 for 2021 and $739 for 2022. New 7/2022 natural gas boiler (Paid $9,425). Services 3 units - Eversource Gas $3,231 for 2021. New roof 2010. Windows replaced 30+/- years ago. Insurance $2,623 for 2021 and $2,815 for 2022; Water & Sewer $722 for 2021 and $739 for 2022; Eversource Electric for Common Area which is front and back staircase $219 for 2021. Assigned paved driveway parking for all 3 units - each unit 2 spots tandem.
This home has been viewed 36 times
Last Checked: May 7th, 2024 at 2:56am (Source: MLS PIN #73075996)
Gross Income: $48,000
Gross Expenses: $8,327
Net Income Calc: $39,673
CAP Rate: 5.02%
Annual Expenses for 5 Plain Street, Natick MA 01760
Total Gross Expenses (Calculated)$8,327/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$8,327
Annual Income & Unit Breakdown for 5 Plain Street, Natick MA 01760
Total Gross Income (Calculated)$48,000
Unit 1
Rental Income$1,800
LeaseN
Bedrooms1
Bathrooms1 Full
Floor2
Levels in Unit1
HeatingNo
Rent IncludesWater, Unit 1(heat, Hot Water), Unit 2(heat, Unit 3(heat
Unit 2
Rental Income$1,300
LeaseN
Bedrooms1
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingNo
Rent IncludesWater, Unit 1(heat, Hot Water), Unit 2(heat, Unit 3(heat
Unit 3
Rental Income$900
LeaseN
Bedrooms1
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingNo
Rent IncludesWater, Unit 1(heat, Hot Water), Unit 2(heat, Unit 3(heat
General Information for 5 Plain Street, Natick MA 01760
Listing ID73075996
Property TypeMulti Family / 3 Family
Price$789,900 ($283.02/SqFt)
Style3 Family
CityNatick
CountyMiddlesex
MLS Area
Neighborhood(s)
Approximate Living Area Total2,791 SqFt
Approximate Lot Size (Acres)0.13 acres
Total Parking6
Garage Parking
Year Built1890
Year Built SourcePublic Records
Year Renovated
Year Built DetailsApproximate
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsFrame
Lot FeaturesLevel
Foundation Area
Foundation DescriptionStone,Brick/Mortar
Accessible Features
Outdoor Space
ZoningRG
Zoning Details
Water ViewsNo
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 5 Plain Street, Natick MA 01760
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
Title 5
Exclusions
Disclosures
Financial Data Source
Total Gross Expenses By Broker$0
Total Gross Income By Broker$48,000
Total Net Income By Broker$48,000
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation2.5
Facilitator Compensation2.5
Sub-Agent Compensation
Compensation Based OnNet Sale Price
Financial Information for 5 Plain Street, Natick MA 01760
Real Estate Taxes$8,327
Tax Year2023
Assessed Value$658,800
Financial Data Source
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$48,000
BostonRealEstate.com Gross Income
Total Net Income By Broker$48,000
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)5.02%
Location Information for 5 Plain Street, Natick MA 01760
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area AmenitiesWalk/jog Trails, Highway Access, House Of Worship, Public School, Shopping, Park, Medical Facility, Laundromat, Bike Path, Public Transportation, T-station
Contact Information for 5 Plain Street, Natick MA 01760
Agent
Name: Kathleen Williamson
Office
Name: Berkshire Hathaway HomeServices Commonwealth Real Estate