Rarely available opportunity in the heart of Natick Center. 49 Summer Street, a two-family house PLUS 20 Spring Street, a detached commercial/retail building situated adjacently. Tremendous potential for transformation/redevelopment. The property sits steps from other recently constructed developments on Summer Street. Natick Center is thriving with revitalization; a high demand for redevelopment and mixed-use residential. Current rental rates offer significant upside potential and all are tenants at will. Strong demand for new construction townhomes, condominium conversion, and retail space. This is the ideal location for your next successful project. Buyer to perform due diligence / verify all details and information to their satisfaction. An exceptional setting in an unbeatable location. Pre-approval, proof of funds or accepted offer requested prior to showing as tenants in place for +/- 60 days.
Property Details
Property Features
Property Information:
Year Built: 1915
Living Area: 99,999 SqFt
Listing Office:
Office Name: Coldwell Banker Realty - Wellesley
Office Phone: (781) 237-9090
Listing Agent: John McHugh Real Estate Group
Interior Features
Bedroom and Bathroom Information:
Full Bathrooms: 3
Total Bedroom Count: 6
Exterior Features
Exterior Information:
Waterfront: Beach, Lake Front
Parking Information:
Parking: Paved Drive
Lot Features
Lot Information:
Lot: Corner Lot, Level
Lot Size: 0.19 Acres
Other
Directions Information:
Directions: Downtown Natick / Natick center to Summer Street
Price Information
Listing Price Info
Price Summary:
List Price: $1,500,000
Price Per SqFt: $15/SqFt
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Housing Market Comparison
See how this home compares to others in Natick, MA.
This property is $640.5K more than the Median Sold Price and $434/SqFt less than other homes in Natick, MA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: MLS Property Information Network
MLS Number: #73319294
Listing Office:
Office Name: Coldwell Banker Realty - Wellesley
Office Phone: (781) 237-9090
Listing Agent: John McHugh Real Estate Group
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: 12/17/2024, 11:55:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
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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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
10
/10
Johnson Elementary School
99 S Main St
Distance between this listing and this school0.41 miles
Public District Grades KG-4
7
/10
Lilja Elementary School
41 Bacon St
Distance between this listing and this school1.38 miles
Public District Grades KG-4
5
/10
Memorial Elementary School
107 Eliot St
Distance between this listing and this school1.68 miles
Public District Grades KG-4
Nearby Schools
7
/10
Wilson Middle School
22 Rutledge Rd
Distance between this listing and this school1.28 miles
Public District Grades 5-8
7
/10
Kennedy Middle School
165 Mill St
Distance between this listing and this school1.74 miles
Public District Grades 5-8
7
/10
Wayland Middle School
201 Main St
Distance between this listing and this school2.81 miles
Public District Grades 6-8
Nearby Schools
8
/10
Natick High School
15 West St
Distance between this listing and this school0.82 miles
Public District Grades 9-12
5
/10
Framingham High School
115 A St
Distance between this listing and this school3.60 miles
Public District Grades 9-12
9
/10
Wellesley High School
50 Rice St
Distance between this listing and this school3.82 miles
The neighbors living near this home have an average income of $84,052. Residents of Natick, MA typically earn between $35k-100k each year. The majority of families are single, no kids. Most residents in this area have post secondary degree education.
This home is located at 49 Summer in Natick, MA and zip code 01760. This 99,999 square foot home, which was built in 1915, sits on a 0.19 acre lot. Features: 6 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since December 12, 2024 and is currently priced at $1,500,000.
In November 2024, from all listings sold in Natick, MA there were more than 13 sold above asking price, over 14 sold below and more than 3 were sold right at the asked price. In November 2024 in Natick, MA there were 13.7% less homes for sale than in October 2024. 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.