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5 Days on Jacob Realty
7
$1,499,000
Total Beds: 6 Total Baths: 7
Total Units: 7 SQFT: 3644
LOT size: 0.18 Acres
44 North Ave
Natick, MA 01760
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Property Description

44 North Avenue is a well-located 7-unit multifamily investment, just one block from Natick Center and the commuter rail. The property features six one-bedroom units and one studio, each with **separately metered electric and hot water**—keeping operating costs efficient. Residents enjoy **off-street parking**, a major convenience in this high-demand downtown location. With a **stable rental history**, this asset offers steady income and long-term upside. Ideal for investors seeking a **value-add opportunity**, the units present clear potential for updates and rent growth, in line with area comps. Steps from restaurants, shops, arts venues, and year-round events, 44 North Avenue combines location, income, and untapped potential in one compelling offering.

Property Details

Building Information

  • Total Units: 7
  • Total Floors: 2
  • Total Bedrooms: 6
  • Total Full Baths: 7
  • Amenities: Public Transportation
  • Basement Features: Full, Unfinished Basement

Financial

  • APOD Available: Yes
  • Expenses Source: Owner Provided
  • Gross Operating Income: 99300
  • Gross Expenses: 38075
  • Net Operating Income: 61225

Utilities

  • Heat Zones: 7
  • Electric Info: 100 Amps, Other (See Remarks)
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: No
  • Floors: 1
  • Levels: 1

Construction

  • Year Built: 1930
  • Type: 5-9 Family
  • Foundation Info: Fieldstone
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73394341
  • Last Updated: 06/24/25
  • Terms: Contract for Deed, Rent w/Option

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Map

Seller's Representative: Mark Grupposo, The Grupposo Group
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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The property listing data and information 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 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 its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

MLS PIN data last updated at 2025-06-24 03:05:00

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