North Main Street Multifamily

  • Title

    Multifamily Property for Sale

  • City

    Natick, MA

  • Price

    $1,175,000

  • Cap Rate

    5.0%

  • Gross Leasable Area

    4,000 SF

  • No. Units

    6

  • Price/SF

    $293.75

  • Price/Unit

    $195,833

  • No. Stories

    3

  • Year Built

    1920

  • Lot Size

    .12 AC

Not found amenities.

Northeast Private Client Group is pleased to present the North Main Multifamily located at 26 North Main Street in Natick, MA.

This 4,060 SF building built in 1920 consists of six total apartment units; two one-bedroom units and four two-bedroom units. There is significant value add through raising rents and updating the units.

Downtown Natick is experiencing unprecedented growth and development with hundreds of new units coming to market. The North Main Street Apartments gives a buyer the opportunity to get in at the start of a growing rental market.

Natick has a population of about 32,786 and is 10 miles west from Boston. Natick is undergoing a high amount of retail development and boasts retail properties in both East and West Natick. The median household income as of 2007 was $61,855. The city is surrounded, on three sides, by five of the ten most affluent towns in Mass, including Wayland,Weston, Wellesley, Dover and Sherborn.

All qualified and interested parties will have the opportunity to tour the property during scheduled appointments and obtain additional information upon request.

Natick, Middlesex County, MA

North Main Street Multifamily