Description
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.
Property Type
LandCounty
MiddlesexStyle
LandAD ID
47006177
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BuyOwner last updated this listing 11/21/2024 @ 10:24
- MLS: 73294045
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: MLS Property Information Network
is a Land, with bedrooms which is for sale, it has 0 sqft, 1 sized lot, and 0 parking. are nearby neighborhoods.