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4 8 Church St

Natick, MA 01760

– beds
– baths
– sqft
~3/4 acre lot
– on site

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.

Listing courtesy of MLSPIN / Dream Team / Dreamega International Realty LLC

Last checked: Checking… • Last updated Nov 1, 2024 •

MLS# 73294045 —

This property is listed in more than one place. See it here.

The Building

Building Area Units:

Square Feet

Location

Directions:

E Central St to Church St, please use GPS
Latitude:

42.283457
Longitude:

-71.345309

The Property

Property Type:

Land
Lot Features:

Other
Lot Size Units:

Acres
Lot Size Area:

0.68
Lot Size SqFt:

29620
Lot Size Acres:

0.68
Water View:

No
Waterfront:

false
Farm Land Area Units:

Square Feet
Road Frontage Type:

Public

Listing Agent

Contact info:

Taxes

Tax Year:

2023

The Listing

Home Warranty:

false

Utilities

Gas:

Other (See Remarks)
Electric:

On-Site
Electric On Property:

true
Sewer:

Public Sewer
Water Source:

Public

The Community

Senior Community:

false
Community Features:

Public Transportation
Association:

false

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
9/24/24 Sep 24, 2024	Listed / Active	MLSPIN	$9,950,000

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This land located in Downtown Natick, Natick, MA 01760 is currently for sale for $9,950,000. 4 8 Church St is a – square foot land with – beds and – baths that has been on Estately for 60 days. 4 8 Church St is in the Downtown Natick neighborhood of Natick and has a WalkScore® of 89, making it very walkable. This land is in the attendance area of Natick High School, J F Kennedy Middle School, and Johnson Elementary School.

Listing Courtesy of: MLSPIN and Dreamega International Realty LLC.

The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) 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., Estately and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Users may not reproduce or redistribute the data found on this site. The data is for viewing purposes only. All information provided is deemed reliable but is not guaranteed by Estately or MLSPIN and should be independently verified.