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4-8 Church St, Natick MA 01760

$9,950,000

Estimated $16,740.63/month Calculator

Multi Family

Total Units: 28

Price Per Unit: $355,357.14

Total Rent: 216/year

Estimated CAP Rate: -0.07%

0 Bedrooms

Baths

29,576 SqFt

Total Parking: 0

29,620 SqFt

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.

This home has been viewed 75 times

Last Checked: December 31st, 2024 at 5:19am (Source: MLS PIN #73294044)

Gross Income: $216

Gross Expenses: $7,281

Net Income Calc: $7,065

CAP Rate: -0.07%

Annual Expenses for 4-8 Church St, Natick MA 01760

Total Gross Expenses (Calculated)$7,281/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$7,281

Annual Income & Unit Breakdown for 4-8 Church St, Natick MA 01760

Total Gross Income (Calculated)$216

Unit 1

Rental Income$9

LeaseN

Bedrooms9

Bathrooms9 Full, 9 Half

Floor9

Levels in Unit9

HeatingNo

Rent Includes

Unit 2

Rental Income$9

LeaseN

Bedrooms9

Bathrooms9 Full, 9 Half

Floor9

Levels in Unit9

HeatingNo

Rent Includes

Unit 3

Rental Income$0

Lease

Bedrooms

Bathrooms

Floor

Levels in Unit

HeatingNo

Rent Includes

Unit 4

Rental Income$0

Lease

Bedrooms

Bathrooms

Floor

Levels in Unit

HeatingNo

Rent Includes

General Information for 4-8 Church St, Natick MA 01760

Listing ID73294044

Property TypeMulti Family

Price$9,950,000 ($336.42/SqFt)

StyleDuplex

CityNatick

CountyMiddlesex

MLS Area

Neighborhood(s)

Approximate Living Area Total29,576 SqFt

Approximate Lot Size (Acres)0.68 acres

Total Parking0

Garage Parking

Year Built1904

Year Built SourceOwner

Year Renovated

Year Built DetailsApproximate

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsSee Remarks

Lot FeaturesOther, Corner Lot

Foundation Area

Foundation DescriptionOther

Accessible Features

Outdoor Space

ZoningDM

Zoning Details

Water ViewsNo

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 4-8 Church St, Natick MA 01760

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure0.68 Acre Lot, 5 Parcels, 7 Buildings, 28 Units

Building Area SourceOwner

Title 5

Exclusions

Disclosures

Financial Data Source

Total Gross Expenses By Broker$0

Total Gross Income By Broker$216

Total Net Income By Broker$216

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation

Facilitator Compensation

Sub-Agent Compensation

Compensation Based On

Financial Information for 4-8 Church St, Natick MA 01760

Real Estate Taxes$7,281

Tax Year2024

Assessed Value$593,900

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$216

BostonRealEstate.com Gross Income

Total Net Income By Broker$216

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)-0.07%

Location Information for 4-8 Church St, Natick MA 01760

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area Amenities

Contact Information for 4-8 Church St, Natick MA 01760

Agent

Name: Dream Team

Office

Name: Dreamega International Realty LLC

Phone: 617-655-9357

Team Members

Name: Rongchen Li

Phone: 617-763-6399

Payment Calculator

, Interest

Property Taxes 606.75

Principal & Interest 61308.74

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Dreamega International Realty LLC

Dream Team

Agent Phone

Office Phone

(617) 655-9357

Text Agent Call Agent Call Office

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[high_school] => 
    [horse_features] => Array
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[id] => 543000
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[last_month_required] => Array
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[lead_paint] => Array
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            [phone] => 617-655-9357
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[optional_price] => 0
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[owner_occupancy_source] => 
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[pasture_area] => None
    [patio_and_porch] => Array
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[perc_test] => Array
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[perc_test_date] => Unknown
    [pet_policy] => Array
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[phone] => 617-655-8407
    [pool_features] => Array
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    [private_pool] => No
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[real_estate_tax] => $7,281
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[rent_includes] => Array
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[repair_maintenance_expense] => Array
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[road_frontage_type] => Array
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[roof_material] => Array
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[rooms] => 18
    [senior_community] => No
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[sewer_expense] => Array
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[short_sale] => 
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[state] => Massachusetts
    [state_code] => MA
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[street_number] => 4-8
    [structure_type] => Array
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[style] => Array
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                    [zip] => 02062
                    [office] => AN8022
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[terms] => Array
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    [title_5] => 
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    [total_gross_income] => 216
    [total_parking] => 0
    [trash_expense] => Array
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[uffi] => Array
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[unit_1_bathrooms] => 9 Full, 9 Half
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[unit_1_levels] => 9
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[unit_3_bathrooms] => 
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[unit_4_bathrooms] => 
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[utilities] => Array
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[water] => Array
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[water_expense] => Array
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[water_views] => Array
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[water_views_features] => Array
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[waterfront] => No
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    [year_built_details] => Approximate
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EXIT

Withdrawn

4-8 Church St, Natick MA 01760

$9,950,000

Annual Expenses for 4-8 Church St, Natick MA 01760

Annual Income & Unit Breakdown for 4-8 Church St, Natick MA 01760

General Information for 4-8 Church St, Natick MA 01760

Disclosures for 4-8 Church St, Natick MA 01760

Financial Information for 4-8 Church St, Natick MA 01760

Location Information for 4-8 Church St, Natick MA 01760

Contact Information for 4-8 Church St, Natick MA 01760

Agent

Office

Team Members

Payment Calculator

Exclusive Listing Agent

Dreamega International Realty LLC

Dream Team