254 N Main Street offers an exceptional investment opportunity! This property is designated for both commercial and residential purposes, featuring two residential units and retail space. With its prime condition and flexible zoning, it serves as an ideal location for business owners seeking a professional presence. Perfect for various businesses like law offices, architectural firms, mortgage companies, CPA firms, financial institutions, insurance agencies, advertising firms, and more, the possibilities are endless. Positioned in a highly sought-after area, this property is a valuable asset for any investor. Currently fully leased. Convenient to both Boston and Worcester, with easy access to the MA Pike and commuter rail Framingham/Worcester lines, and all that downtown has to offer TCAN (The Center for Arts in Natick) Farmers Market, shops & restaurants. The roof, siding, 3 new electrical panels, new kitchen cabinets, recessed lights, and mini-split system are all 2 years old.
This listing has been viewed 23 times in the past 43 days
Last Updated: October 26th, 2024 at 5:18am
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General Information for 254 N Main Street, Natick, Massachusetts 01760
Property TypeResidential Income
Property Sub TypeMulti Family
Price$995,000
Price per sqft$403.81
MLS #73298954
Handicap Access / FeaturesNo
List Date2024-10-04
Special Listing ConditionsNo
StateMassachusetts
Street NameN Main Street
CityNatick
Zip Code01760
CountyMiddlesex
MLS Status
Covered Parking Spaces0
Heating Y/NNo
Heating System
Heat Zones
Sold Date29/11/2024
Property Sub TypeMulti Family
Building Area SourceMeasured
Building Area Total2464
Building Area Units0
CarportNo
Close Date
Close Price$0
Covered Parking Spaces0
Listing Service
UnparsedAddress254 N Main Street, Natick MA 01760
Zoning
Interior Features for 254 N Main Street, Natick, Massachusetts 01760
* Approx. Living Area Total2,464 sq ft
Living Area Includes BasementNo
Bedrooms4
* # Fireplaces0
Bathrooms (Total)3
Full Baths2
* # Half Baths2
* # Rooms
Basement
Heating System
AppliancesNo
Electric
Living Area Disclosure
Living Area Includes BasementNo
Door FeaturesNo
ElectricYes
Electric$1,080
MLS Area (Major)
MLSPIN_BEDRMS_12
MLSPIN_BEDRMS_22
MLSPIN_BEDRMS_30
MLSPIN_BEDRMS_4
MLSPIN_FLRS_1
MLSPIN_FLRS_2
MLSPIN_FLRS_3
MLSPIN_FLRS_4
MLSPIN_F_BTHS_11
MLSPIN_F_BTHS_21
MLSPIN_F_BTHS_30
MLSPIN_F_BTHS_4
MLSPIN_GRE$16,400
MLSPIN_HTE$0
MLSPIN_H_BTHS_10
MLSPIN_H_BTHS_20
MLSPIN_H_BTHS_3 2
MLSPIN_H_BTHS_4
OffMarketDate
Exterior Features for 254 N Main Street, Natick, Massachusetts 01760
* Approximate Lot Size0.11 acres
Covered Parking Spaces0
Lot FeaturesCorner Lot
* Parking Spaces6
* Sewer Utilities
* Water Utilities
* Year Built1900
Year Built Details
Year Built SourcePublic Records
Construction MaterialsNo
Exterior Features
Foundation Area
Foundation MaterialsConcrete Perimeter
Approx. Street Frontage
Horse PermittedNo
Horse Amenities
Parking Features
Utilities
Lot Size (Square Feet)5,001 Sqft
Disclosures for 254 N Main Street, Natick, Massachusetts 01760
Buyer Agent Compensation
ContingencyPending P&S
FinancingNo
Disclosures
Documents AvailableNo
Exclusions
MLSPIN_COMP_BASED_ON
MLSPIN_COOP_COMP
MLSPIN_DISCLOSUREN
Lead PaintUnknown
Living Area Disclosure
Living Area Includes BasementNo
Facilitator Compensation
TransactionBrokerCompensationType
BuyerAgencyCompensationType
Financial Information for 254 N Main Street, Natick, Massachusetts 01760
Assessed Value
Real Estate Tax$0
Tax Year
Financial Data SourceOwner
Gross Income$76,800
Insurance Expense$2,100
MLSPIN_LEASE_1
MLSPIN_LEASE_2
MLSPIN_LEASE_3
MLSPIN_LEASE_4
MLSPIN_LEVELS_11
MLSPIN_LEVELS_21
MLSPIN_LEVELS_31
MLSPIN_LEVELS_4
MLSPIN_MGF$0
MLSPIN_MSE$3,227
MLSPIN_RENT12500
MLSPIN_RENT22300
MLSPIN_RENT31600
MLSPIN_RENT4
MLSPIN_RFS$0
MLSPIN_RME$1,800
MLSPIN_SOLD_PRICE_PER_SQFT$0
NetOperatingIncome$60,400
OperatingExpense$16,400
OriginalListPrice$995,000
RENT_FEE_INCLUDESNo
TOTAL_RENT6400
WaterSewerExpense$1,200
Lifestyle Information for 254 N Main Street, Natick, Massachusetts 01760
FireplaceYNNo
Frontage Type
GarageYNNo
Waterview
Pool FeaturesNo
Waterfront FeaturesNo
Location information for 254 N Main Street, Natick, Massachusetts 01760
Elementary School
Middle School
High School
NumberOfUnitsTotal3
Marketing History for 254 N Main Street, Natick, Massachusetts 01760
MLSPIN_MARKET_TIME_BROKER21
MLSPIN_MARKET_TIME_PROPERTY21
PurchaseContractDate2024-10-15
Agent Information for 254 N Main Street, Natick, Massachusetts 01760