49 Summer Active

Natick,MA 01760

$ 1500000

6 Beds

3 Baths

99999 SqFt


Key Details

Property Type Multi-Family

Sub Type 2 Family - 2 Units Up/Down

Listing Status Active

Purchase Type For Sale

Square Footage 99,999 sqft

Price per Sqft $15

MLS Listing ID 73319294

Bedrooms 6

Full Baths 3

Year Built 1915

Annual Tax Amount $9,304

Tax Year 2025

Lot Size 8,276 Sqft

Acres 0.19

Property Sub-Type 2 Family - 2 Units Up/Down

Property Description

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. Rental rates offer significant upside potential: the same tenants resided for 25 and 30 years respectively at the outdated amount of $2000/month. Commercial unit was also below market rate at $2700 per month. 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.

Location

State MA

County Middlesex

Zoning RSA

Direction Downtown Natick / Natick center to Summer Street

Exterior

Community Features Public Transportation,Shopping,Park,Walk/Jog Trails,Bike Path,Conservation Area,House of Worship,Private School

Waterfront Description Lake/Pond,1/2 to 1 Mile To Beach,Beach Ownership(Public)

Roof Type Shingle

Total Parking Spaces 8

Garage No

Building

Lot Description Corner Lot,Level

Story 3

Foundation Stone,Granite

Sewer Public Sewer

Water Public

Others

Senior Community false

Virtual Tour https://www.cbhometour.com/49-Summer-Street-Natick-MA-01760/mlsindex.html

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