49 Summer, Natick, MA 01760
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$1,500,000
3 Unit
6 Beds
3 Baths
99999 SQFT
0.19 Acre

Property Description

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. Current rental rates offer significant upside potential and all are tenants at will. Strong demand for new construction townhomes, condominium conversion, and retail space. This is the ideal location for your next successful project. Buyer to perform due diligence / verify all details and information to their satisfaction. An exceptional setting in an unbeatable location. Pre-approval, proof of funds or accepted offer requested prior to showing as tenants in place for +/- 60 days.

Property Details tap to expand

Building Information

  • Total Units: 3
  • Total Floors: 3
  • Total Bedrooms: 6
  • Total Full Baths: 3
  • Amenities: Bike Path, Conservation Area, House of Worship, Park, Private School, Public Transportation, Shopping, Walk/Jog Trails

Financial

  • APOD Available: No

Utilities

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

Unit 1 Description

  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: No
  • Floors: 2
  • Levels: 2

Unit 3 Description

  • Under Lease: No

Construction

  • Year Built: 1915
  • Type: 2 Family - 2 Units Up/Down
  • Foundation Info: Fieldstone, Granite
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73319294
  • Last Updated: 12/18/24

Property History tap to expand

Date Event Price Price/Sq Ft Source
12/15/2024Active$1,500,000$15MLSPIN
12/11/2024New$1,500,000$15MLSPIN

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Seller's Representative: John McHugh Real Estate Group, Coldwell Banker Realty - Wellesley
Sub Agent Compensation: n/a
Buyer Agent Compensation: 2.5
Facilitator Compensation: 1
Compensation Based On: Gross/Full Sale Price
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2024-12-18 16:22:00