Nelson Zide
ERA Key Realty Services | 508-277-7794 | nelson@nelsonzide.com

41/43 Summer Street, Natick, MA 01760

Multi-Family

$630,000
Price

2
Units
3,276
Approx. GLA
Great opportunity to own a rare Mixed Use property literally in the Heart of downtown Natick. Currently being used as a 2-family with a small business tenant in the lower level. This property abuts one of Natick's Public Parking facilities and is 100 yards from TCAN and Main Street and 250 yards from the downtown T Station. Newer roof and most windows with separate utilities and meters ( gas and electric). This property offers many opportunities and options to be used as investment residential; commercial; or owner occupied with rental income. Owner never lived in the home. Don't let this rare Mixed Use property get away, there are not many left in the downtown area. Being sold "As Is"
Open House
Saturday
December 07 at 11:00 AM to 12:30 PM
A parking easement has now been obtained and there is now parking for 5 vehicles. In the heart of downtown Natick with a 2 minute walk to the T-Station. Zoned as Downtown Mixed Use. Very rare
Cannot make the Open Houses?
Location: 41/43 Summer Street, Natick, MA 01760    Get Directions
Highlights
Basement Features: Full, Walk Out
List Price: $630,000
Type: Multi-Family
Multi-Family Type: 2 Family - 2 Units Up/Down
Status: Active
Beds: 5
Baths: 2
Half Baths: 1
Units: 2
Year Built: 1880
Year Round: Yes
Approx. GLA: 3,276
MLS#: 72565367
 
 
Interior
Basement: Yes
Electric Features: 200 Amps
Heating Units: 3
Heating Zones: 3
Flooring: Wall to Wall Carpet, Laminate
Energy: Insulated Windows
Rooms: 10
Lead Paint: Unknown
Total Floors: 2
Exterior
Water: No
Acres: 0.06
Lot Size: 2,662.00
Lot Description: Paved Drive
Foundation: Fieldstone
Foundation Size: 999
Parking Spaces: 5
Parking Features: Off-Street
Road Type: Public, Paved, Publicly Maint.
Color: White
Construction: Frame
Roof Material: Asphalt/Fiberglass Shingles
Utility: for Gas Range
Exterior: Vinyl
Water: City/Town Water
Water: City/Town Water
Taxes
Short Sale Lender Approval: No
Lender Owned: No
APOD Available: No
Assessed Price: $502,100
Taxes: $6,381
Tax Year: 2019
Book/Page: 15215/546
Warranty Available: No
School
Grade School: Lilja
Middle School: Wilson
High School: NHS
Beach
Beach: No
Expenses
Expenses Source: Owner Provided
Gross Income: $52,200
Gross Expenses: $10,263
Total Rent: $4,350
Net Income: $41,937
 
Additional
Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf Course, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Private School, Public School, T-Station
Disclosure Declaration: No
Disclosure: First floor is currently leased and basement is leased to a small business. Second floor is currently vacant in preparation for a sale. There is a parking easement from a neighbor which allows 5 parking spaces.
Units
Total Rooms Bedrooms Fireplaces Floors Full Baths Half Baths Lease Levels Rent
Unit 1 5 2 0 1 1 0 Yes 1 $1,850
Unit 2 5 3 0 2 1 0 No 1 $1,850
Units Extras
Unit 1
Rent Includes:  Water  Cooling:  None  Applicances:  Range, Refrigerator  Heating:  Central Heat, Hot Water Baseboard, Gas  Interior:  Bathroom with Shower Stall, Cable TV Available, Storage  Rooms:  Living Room, Dining Room, Kitchen 
Unit 2
Rent Includes:  Water  Cooling:  None  Applicances:  Range, Refrigerator  Heating:  Hot Water Baseboard, Gas  Interior:  Cable TV Available  Rooms:  Living Room, Kitchen 
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The listing office is William Raveis R.E. & Home Services and the listing agent is Louis Julian. The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and it's subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein. The data was last modified on 12/18/2018 2:44:00 PM.
 
Nelson Zide
Nelson Zide
ERA Key Realty Services