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Key Details
Sold Price $840,000
Property Type Multi-Family
Sub Type 2 Family - 2 Units Up/Down
Listing Status Sold
Purchase Type For Sale
Square Footage 2,200 sqft
Price per Sqft $381
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
Building
Story 3
Foundation Stone
Sewer Public Sewer
Water Public
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Bought with Ian Crotty • The Boston Realty Group, LLC