1. Massachusetts
  2. Natick
  3. 49 Summer
$1,500,000

49 Summer, Natick, MA 01760

  • 6 beds |
  • 3 baths |
  • 99,999 sqft
  • Property Icon Duplex
  • Property Year Built Icon Built in 1915
  • Property Lot Size Icon8,276sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $15/sqft
  • Property List Date Icon Listed 7 months ago

Property Description

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 Rental rates offer significant upside potential: Last rental amounts of $2000/month outdated.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.

Listing Status:
Active
Date Added:
December 11, 2024 at 06:00AM
Listing Office:
Coldwell Banker Realty - Wellesley : 781-237-9090
Listing Agent:
John McHugh Real Estate Group : 978-902-5646
MLS ID:
73319294
  • Fireplace: Fireplaces: 0

This listing courtesy of John McHugh Real Estate Group, Coldwell Banker Realty - Wellesley

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

J

Johnson Elementary School

99 S Main St, Natick, MA, 01760

Grades KG-4

0.40 miles away

W

Wilson Middle School

22 Rutledge Rd, Natick, MA, 01760

Grades 5-8

1.29 miles away

N

Natick High School

15 West St, Natick, MA, 01760

Grades 9-12

0.81 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.