Unit Information
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 Rental rates offer significant upside potential: the same tenants resided for 25 and 30 years respectively at the outdated amount of $2000/month. Commercial unit was also below market rate at $2700 per month. 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.
- Additional Details
- Status: ACT
- Type: Multi-Family, 2 Family - 2 Units Up/Down
- Zip Code: 01760
- Levels: 3
- Parking
- Parking: Paved Drive
- Parking Spaces: 8
- Rooms and Dimensions
- Total Units: 3
- Total Floors: 3
- Total Rooms: 10
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$1,500,000
- Listing ID: 73319294
- Bedrooms: 6
- Full Baths: 3
- Living Area: 99,999 sqft Convert
- Lot Size: 8,150 sqft Convert
- Acres: 0.19
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Luxury Residential Group
(617) 233-5800
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LRG Luxury Residential Group | 355 Boylston St, Boston MA 02116 | (617) 233-5800 | |