146 N Main St Natick, MA 01760
5
Beds
2
Baths
2,200
Sq Ft
0.34
Acres
Highlights
- Wood Flooring
- Window Unit Cooling System
- Storage
- Natick High School Rated A
- Bathtub with Shower
- 1-minute walk to Murphy Field
About This Home
As of December 2024The intersection of a strong buy and hold AND long-term development upside. 146 N Main St is currently an oversized 2-family, consisting of 5-beds and 2-baths across two sprawling units. The property is perfectly located between downtown Natick and Rt 9 and has been well maintained by the same owner for 40 years. These units are fetching $5500 per month but the long-term upside is in a potential condo-conversion, as the property sits on a very large, .34-acre lot and is centrally located in a perfect commuter hub with very high $/ft comps in the sales market. This commuter's dream would be the ideal location for 2+ contemporary townhomes in the future. However, the beauty is that this property also plays nicely as a buy and hold in the interim including off-street parking, multiple washer dryers in basement, hardwood floors, ceiling fans, crown molding and MORE. All tenants are month-to-month. No showings until the Open House on Saturday, October 19 at 11:00AM.
Last Agent to Sell the Property
Ian Crotty
The Boston Realty Group, LLC
Last Buyer's Agent
Ian Crotty
The Boston Realty Group, LLC
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,710
Year Built
- Built in 1887
Lot Details
- 0.34 Acre Lot
Home Design
- Duplex
- Stone Foundation
- Stone
Interior Spaces
- 2,200 Sq Ft Home
- Property has 1 Level
- Combination Dining and Living Room
- Storage
- Washer
- Wood Flooring
Kitchen
- Oven
- Range
- Microwave
- Freezer
- Dishwasher
Bedrooms and Bathrooms
- 5 Bedrooms
- 2 Full Bathrooms
- Bathtub with Shower
Partially Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Parking
- 4 Car Parking Spaces
- Driveway
- Paved Parking
- Open Parking
- Off-Street Parking
Utilities
- Window Unit Cooling System
- Heating System Uses Natural Gas
Listing and Financial Details
- Total Actual Rent $5,487
- Rent includes unit 1(water), unit 2(water)
- Assessor Parcel Number 667149
Community Details
Overview
- 2 Units
Building Details
- Operating Expense $9,898
- Net Operating Income $65,844
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 17, 2018
Sold by
Macgowan 3Rd Carroll M and Macgowan Erin R
Bought by
Carroll M Macgowan 3Rd and Macgowan
Total Days on Market
8
Current Estimated Value
Purchase Details
Closed on
Mar 22, 2017
Sold by
Khoury Sayde H
Bought by
Macgowan Carroll M and Macgowan Erin R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$792,000
Interest Rate
4.17%
Mortgage Type
Unknown
Purchase Details
Closed on
Oct 1, 1985
Bought by
Kawadler Alan and Kawadler Lynn B
Map
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | -- | |
| Quit Claim Deed | -- | -- | |
| Not Resolvable | $990,000 | -- | |
| Deed | $165,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $546,000 | Purchase Money Mortgage | |
| Closed | $546,000 | Purchase Money Mortgage | |
| Previous Owner | $792,000 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/16/2024 12/16/24 | Sold | $840,000 | -4.0% | $382 / Sq Ft |
| 10/24/2024 10/24/24 | Pending | -- | -- | -- |
| 10/16/2024 10/16/24 | For Sale | $875,000 | -- | $398 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $80 | $669,800 | $391,700 | $278,100 |
| 2024 | $7,710 | $628,900 | $368,700 | $260,200 |
| 2023 | $7,963 | $630,000 | $354,000 | $276,000 |
| 2022 | $7,650 | $573,500 | $321,100 | $252,400 |
| 2021 | $4,165 | $547,400 | $302,700 | $244,700 |
| 2020 | $4,009 | $522,000 | $289,000 | $233,000 |
| 2019 | $7,482 | $522,000 | $289,000 | $233,000 |
| 2018 | $6,440 | $493,500 | $275,200 | $218,300 |
| 2017 | $5,875 | $435,500 | $236,000 | $199,500 |
| 2016 | $5,627 | $414,700 | $217,100 | $197,600 |
| 2015 | $5,513 | $398,900 | $217,100 | $181,800 |
Source: Public Records
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73303068
APN: NATI-000026-000000-000081
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