25 N Main St

2,540 Sq. Ft.
$241 / Sq. Ft.
2,540
Sq. Ft.
$241
per Sq. Ft.

Description

Investment Opportunity! Investors and developers here is an exciting opportunity for an income producing property/condominium conversion! Or rent two units and live in one to help with expenses. Property needs updating. Excellent earning potential with this spacious 3 family home located in vibrant downtown Natick. Just steps to the commuter rail, library, restaurants, The Center for the Arts and Natick Common. Separate gas & electric. This is an "as is" sale.Investment Opportunity! Investors and developers here is an exciting opportunity for an income producing property/condominium conversion! Or rent two units and live in one to help with expenses. Property needs updating. Excellent earning potential with this spacious 3 family home located in vibrant downtown Natick. Just steps to the commuter rail, library, restaurants, The Center for the Arts and Natick Common. Separate gas & electric. This is an "as is" sale.
  1. Listed by Janice C. Burke • Advisors Living - Wellesley

Property Details for 25 North Main Street

Town
Natick
Area
MA-Natick
Garage Spaces
0
Open Parking Spaces
5.00
Parking Spaces Total
5
LISTING UPDATED: 08/06/2022 06:53 AM

Property Details for 25 North Main Street

StatusSold
MLS #72299822
Days on Market7
Taxes$6,862 / year
HOA Fees-
Property TypeMulti Family
MLS TypeMulti-family / 3 Family
Year Built1880
CountyMiddlesex County

Location

Listing Courtesy of Advisors Living - Wellesley, Janice C. Burke

Sold By Advisors Living - Wellesley, Janice C. Burke

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Building Information for 25 North Main Street

Stories6Residences3Year Built1880Building Size-Lot Size0.14 AC / 6,098 SF

Payment Calculator

$3,654 per month

30 year fixed, 6.46% Interest

Principal and Interest

$3,082

Property Taxes

$572

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 25 North Main Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Tennis Court, Park, Walk/Jog Trails, Golf Course, Medical Facility, Laundromat, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station
  • Current Financing: Conv. Fixed
  • Living Area: 2540.0
  • Color: yellow
  • Total Units: 3
  • Waterfront: No
  • Water View: No
  • Year Built Details: Approximate
  • Year Built Source: Public Records
Features
Interior Features
  • Appliances: Unit 1(Range, Refrigerator), Unit 2(Range, Unit 3(Range, Tankless Water Heater
  • Basement Features: Full
  • Num of Baths: 3.0
  • Num of Full Baths: 3
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 3.00
  • Bathrooms Total Integer: 3
  • FireplaceYN: No
  • Fireplaces: 0
  • Interior Features: Unit 1 Rooms(Living Room, Kitchen, Mudroom), Unit 2 Rooms(Living Room, Unit 3 Rooms(Living Room, Kitchen)
  • Laundry Features: Unit 1 Laundry Room, Unit 2 Laundry Room
  • Window Features: Insulated Windows
Exterior Features
  • Construction: Frame
  • Exterior Features: Rain Gutters
  • Roof Material: Shingle
  • Waterfront Features: Beach Front, Lake/Pond, Beach Ownership(Public)
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Paved Drive, Shared Driveway, Off-Street
  • Open Parking: Yes
  • Parking Features: Paved Drive, Shared Driveway, Off-Street
  • Parking Features: Off-Street
Utilities
  • Cooling: Unit 1(None), Unit 2(None), Unit 3(None)
  • Cooling: No
  • Electric: Fuses, Individually Metered
  • Heating: Unit 1(Gas), Unit 2(Gas), Unit 3(Gas)
  • Heating: Yes
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Disclosures: 25 North Main St has a deeded right of way over the driveway between 21 and 13 North main St. The tenants in Units 2&3 just moved out so they are vacant. The tenant in Unit 1 is a Tenant at Will.
Tax Information
  • Listing Terms: Contract
  • Tax ID: M:00000043 P:00000470,671445
  • Assessments: $525,800
  • Book: 26820
  • Tax Year: 2018
  • Zoning: RG
Building / Association Information
Living Characteristics
  • Beds Total: 3
  • Total Living Levels: 6
Other Building Characteristics
  • Foundation: Stone
Income / Expenses
  • GOI: $31,200.00
  • NOI: $31,200.00
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: N
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 2
  • Lease U2: N
  • Levels U2: 1
Unit 3 Description
  • Floor U3: 3
  • Lease U3: N
  • Levels U3: 1
Rental Info
Rental Info
  • Total Actual Rent: $3,500.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2.5
  • Other Agent Compensation: 1.0

Property History for 25 North Main Street

DateEvent & SourcePriceAppreciation
Jun 1, 2018

Sold (Public Record)

Public Record #623596875

$612,000

+173.3% / yr

Jun 1, 2018

Sold

MLS PIN #72299822

$612,000—
Mar 31, 2018

Under Agreement

MLS PIN #72299822

—
DateEvent & SourcePrice
06/01/2018

Sold (Public Record)

Public Record #623596875

$612,000

+173.3% / yr

06/01/2018

Sold

MLS PIN #72299822

$612,000
03/31/2018

Under Agreement

MLS PIN #72299822

—

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 25 North Main Street

Taxable ValueLand$363,400Additions$399,000Total$762,400
Tax Record2025$9,118 ($760 / month)
Home Facts
Baths3Total Finished SqFt2,540 SqFtAbove Grade Finished SqFt2,540 SqFtStories2Lot Size5,889 SqFtStyleTriplexYear Built1880Year Renovated1947ZoningRGCountyMIDDLESEXAPNNATI M:00000043 P:00000470

Schools near 25 North Main Street

This home is within Natick School District.
Rating
School
Type
Grades
Distance
Public - K to 4
Public - 5 to 8
Public - 9 to 12
Private - 9 to 12
Rating
School
Distance
Lilja Elementary School
PublicK to 4

Wilson Middle School
Public5 to 8

Natick High School
Public9 to 12

Walnut Hill School for the Arts
Private9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Advisors Living - Wellesley, Janice C. Burke

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. 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., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS and its 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.