146 N Main St Pending

Natick,MA 01760

$ 875000

5 Beds

2 Baths

2200 SqFt


Key Details

Property Type Multi-Family

Sub Type 2 Family - 2 Units Up/Down

Listing Status Pending

Purchase Type For Sale

Square Footage 2,200 sqft

Price per Sqft $397

MLS Listing ID 73303068

Bedrooms 5

Full Baths 2

Year Built 1887

Annual Tax Amount $7,710

Tax Year 2024

Lot Size 0.340 Acres

Property Description

The intersection of a strong buy and hold AND long-term development upside. 146 N Main St is currently an oversized 2-family, consisting of 5-beds and 2-baths across two sprawling units. The property is perfectly located between downtown Natick and Rt 9 and has been well maintained by the same owner for 40 years. These units are fetching $5500 per month but the long-term upside is in a potential condo-conversion, as the property sits on a very large, .34-acre lot and is centrally located in a perfect commuter hub with very high $/ft comps in the sales market. This commuter's dream would be the ideal location for 2+ contemporary townhomes in the future. However, the beauty is that this property also plays nicely as a buy and hold in the interim including off-street parking, multiple washer dryers in basement, hardwood floors, ceiling fans, crown molding and MORE. All tenants are month-to-month. No showings until the Open House on Saturday, October 19 at 11:00AM.

Location

State MA

County Middlesex

Zoning RSA

Interior

Heating Natural Gas

Cooling Window Unit(s)

Flooring Hardwood

Exterior

Waterfront false

Building

Story 3

Foundation Stone

Sewer Public Sewer

Water Public

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