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.
Property Details
Property Features
Listing Office:
Office Name: Dreamega International Realty LLC
Office Phone: (617) 655-9357
Listing Agent: Dream Team
Lot Features
Lot Information:
Lot: Other
Lot Size: 0.68 Acres
Other
Directions Information:
Directions: E Central St to Church St, please use GPS
Price Information
Listing Price Info
Price Summary:
List Price: $9,950,000
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Housing Market Comparison
See how this home compares to others in Natick, MA.
This property is $9.0M more than the Median Sold Price in Natick, MA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: MLS Property Information Network
MLS Number: #73294045
Listing Office:
Office Name: Dreamega International Realty LLC
Office Phone: (617) 655-9357
Listing Agent: Dream Team
Disclaimer: 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. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 12/22/2024, 9:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
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Nearby Schools
10
/10
Johnson Elementary School
99 S Main St
Distance between this listing and this school0.37 miles
Public District Grades KG-4
7
/10
Lilja Elementary School
41 Bacon St
Distance between this listing and this school1.29 miles
Public District Grades KG-4
5
/10
Memorial Elementary School
107 Eliot St
Distance between this listing and this school1.37 miles
Public District Grades KG-4
Nearby Schools
7
/10
Wilson Middle School
22 Rutledge Rd
Distance between this listing and this school1.54 miles
Public District Grades 5-8
7
/10
Kennedy Middle School
165 Mill St
Distance between this listing and this school2.04 miles
Public District Grades 5-8
7
/10
Wayland Middle School
201 Main St
Distance between this listing and this school3.04 miles
Public District Grades 6-8
Nearby Schools
8
/10
Natick High School
15 West St
Distance between this listing and this school0.92 miles
Public District Grades 9-12
9
/10
Wellesley High School
50 Rice St
Distance between this listing and this school3.65 miles
Public District Grades 9-12
5
/10
Framingham High School
115 A St
Distance between this listing and this school3.90 miles
The neighbors living near this home have an average income of $81,944. The most common annual income of people living in Natick, MA is between $35k-100k. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 4-8 Church St
What is the listing price of this property?
The listing price of 4-8 Church St property is $9,950,000.
What type of property is this?
The property 4-8 Church St is land located in Natick, Massachusetts, 01760.
Is this property for sale now?
Active Listing: 4-8 Church St is For Sale (Active/New) which means the seller is accepting offers.
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This home is located at 4-8 Church St in Natick, MA and zip code 01760. This home sits on a 0.68 acre lot. It has been listed on Rocket Homes since September 24, 2024 and is currently priced at $9,950,000.
Natick, MA housing market in November 2024 saw over 13 listings sold above listed price, more than 3 sold at listed price and over 14 sold below. The inventory of homes for sale in Natick, MA between October 2024 and November 2024 decreased by 13.7%. While the average time on the market in November 2024 was 29 days, the median list price was $859,500.
From Rocket Homes Real Estate and based on county public records data.
Disclaimer: 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. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
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