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INVESTMENT SNAPSHOT
About this property
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: 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.
Property details
| Units | 3 |
| Living area | 99,999 sqft |
| Lot size | 8,150 sqft |
| Year built | 1915 |
| Price / sqft | $12 |
| County | Middlesex |
| MLS # | 73319294 |
Listing status
| Days on market | 488 days |
| Listed on | December 11, 2024 |
Taxes & financials
| Annual property tax | $10,968 |
| Tax year | 2026 |
| Assessed value | $901,200 |
| Zoning | RSA |
| Gross income (actual) | $69,500/yr |
| Net operating income (actual) | $44,286/yr |
| Total actual rent | $5,750/mo |
| Electric expense | $426/yr |
| Insurance expense | $3,422/yr |
Building & lot
| Stories | 3 |
| Total rooms | 12 |
| Lot size | 0.19 acres |
| Garage spaces | 0 |
| Parking spaces | 8 |
| Parking | Paved Drive |
| Foundation | Stone, Granite |
| Roof | Shingle |
Utilities & systems
| Sewer | Public Sewer |
| Water | Public |
Location
More about investing in Natick →
Listing courtesy of Coldwell Banker Realty - Wellesley — John McHugh Real Estate Group. Listing data © MLS PIN.
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Questions & answers
Auto-generated from the listing data — richer AI answers coming with the live site.
How many units does 49 Summer, Natick MA 01760 have?
It is a 3-unit multi-family property with 99,999 sqft of living area, built in 1915.
How long has 49 Summer, Natick MA 01760 been on the market?
49 Summer, Natick MA 01760 has been listed for 488 days (since December 11, 2024).
What is the price per unit?
At a list price of $1,199,000 across 3 units, that works out to roughly $399,667 per unit.
What are the property taxes on 49 Summer, Natick MA 01760?
Annual property taxes are $10,968 (2026), on an assessed value of $901,200.
What is the price per square foot?
At $1,199,000 for 99,999 sqft, that's about $12 per square foot.
Is there parking?
8 total parking spaces (paved drive).
Where is this property located?
49 Summer, Natick MA 01760 is in Natick, Middlesex County, MA 01760.
