254 N Main Street, Natick, MA 01760
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$949,000
3 Unit
4 Beds
4 Baths
2464 SQFT
0.11 Acre

Property Description

254 N Main Street offers an exceptional investment opportunity! This property is designated for both commercial and residential purposes, 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. 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.

Property Details tap to expand

Building Information

  • Total Units: 3
  • Total Floors: 6
  • Total Bedrooms: 4
  • Total Full Baths: 2
  • Total Half Baths: 2
  • Basement Features: Interior Access

Financial

  • APOD Available: No
  • Expenses Source: Owner Provided
  • Gross Operating Income: 49200
  • Gross Expenses: 16400
  • GSE: 900
  • Electric Expenses: 1080
  • Water/Sewer: 1200
  • INSC: 2100
  • Repairs & Maintenance: 1800
  • Miscellaneous Expense: 3227
  • Net Operating Income: 32800

Utilities

  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Unit 2 Description

  • Under Lease: Yes
  • Floors: 3
  • Levels: 1

Unit 3 Description

  • Floors: 1
  • Levels: 1

Construction

  • Year Built: 1900
  • Type: 3 Family - 3 Units Up/Down
  • Foundation Info: Poured Concrete
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Lead Paint: Unknown
  • Year Round: Yes
  • Warranty: No

Other Information

  • MLS ID# 73298954
  • Last Updated: 12/21/24

Property History tap to expand

Date Event Price Price/Sq Ft Source
12/21/2024Active$949,000$385MLSPIN
12/17/2024Price Change$949,000$385MLSPIN
10/25/2024Active$995,000$404MLSPIN
10/21/2024Back on Market$995,000$404MLSPIN
10/16/2024Canceled$995,000$404MLSPIN
10/15/2024Contingent$995,000$404MLSPIN
10/08/2024Active$995,000$404MLSPIN
10/06/2024Active$995,000$404MLSPIN
10/04/2024New$995,000$404MLSPIN
10/02/2024New$995,000$404MLSPIN
01/01/2024Expired$1,500$4MLSPIN
10/21/2023Active$1,500$4MLSPIN
10/17/2023Extended$1,500$4MLSPIN
08/30/2023Active$1,500$4MLSPIN
08/26/2023New$1,500$4MLSPIN
10/01/2022Expired$2,000$5MLSPIN
07/09/2022Active$2,000$5MLSPIN
07/05/2022New$2,000$5MLSPIN

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Seller's Representative: Frederica Tassis, Century 21 North East
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2024-12-21 03:05:00