$1,425,000
49 Summer
Natick, MA, 01760
OPEN HOUSE SUNDAY AUGUST 10, 12:00 to 1:30 PM * 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 Rental rates offer significant upside potential: Last rental amounts of $2000/month outdated. Commercial unit was also below market rate at $2700 per month. Strong demand for new construction townhomes, condominiums and retail space. Buyer to perform due diligence / verify all details and information to their satisfaction. An exceptional setting in an unbeatable location. $12,000.00 heating system for second floor unit. Boiler was replaced by Coan and has one heating season on it.
Property Details
Price:
$1,425,000
MLS #:
73319294
Status:
Active
Beds:
6
Baths:
3
Address:
49 Summer
Type:
Multi Family
Subtype:
2 Family – 2 Units Up/Down
City:
Natick
Listed Date:
Dec 11, 2024
State:
MA
Finished Sq Ft:
99,999
Total Sq Ft:
99,999
ZIP:
01760
Lot Size:
8,150 sqft / 0.19 acres (approx)
Year Built:
1915
Units:
3
Schools
Interior
Bathrooms
3 Full Bathrooms
Exterior
Community Features
Public Transportation, Shopping, Park, Walk/ Jog Trails, Bike Path, Conservation Area, House of Worship, Private School
Parking Features
Paved Drive
Parking Spots
8
Roof
Shingle
Financial
Tax Year
2025
Taxes
$9,305
Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…
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Courtesy of Coldwell Banker Realty – Wellesley. The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
49 Summer
Natick, MA
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