146 N Main St, Natick, MA 01760

$840,000
5
BD
2
BA
2,200
SqFt

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Sold Price
$840,000
List Price
$875,000
Status
SOLD
MLS#
73303068
Bedrooms
5
Bathrooms
2
Full Baths
2
Living Area
2,200
Lot Size (Acres)
0.34
Year Built
1887

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.

Additional Information

Taxes
$7,710
Interior Features
Storage, Bathroom With Tub & Shower, Living Room, Kitchen, Living RM/Dining RM Combo
Parking Description
Paved Drive, Off Street, Paved
Water
Public
Sewer
Public Sewer

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Ian Crotty from Listing Office: The Boston Realty Group, LLC.

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