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4-8 Church St, Natick MA 01760

$9,950,000

Estimated $61,308.74/month Calculator

Land

29,620 SqFt (0.68 acres)

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 91 times

Last Checked: December 31st, 2024 at 5:19am (Source: MLS PIN #73294045)

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

Listing ID73294045

Price$9,950,000

Land Type

Approx AcresApprox. 0.68 acres (29,620 SqFt)

Number of Lots

Approximate Street Frontage

Road Frontage Type

Zoning0

ElectricOn-site

GasOther (See Remarks)

WaterPublic

SewerPublic Sewer

Cultivation AcresNone

Pasture AcresNone

Timber AcresNone

PERC Test

PERC Test DateUnknown

AssociationNo

Association Required

Association Fee$0

Lot FeaturesOther

WaterfrontNo

Waterfront Features

View

Disclosures for 4-8 Church St, Natick MA 01760

DEQE/DEP#

Senior CommunityNo

Disclosures

Special Listing Conditions

For Sale By OwnerNo

Buyer Agent Compensation

Facilitator Compensation

Sub-Agent Compensation

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

AssociationNo

Association Fee$0

Tax

Tax Year2023

Assessed Value

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 0

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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EXIT