Natick Two-Family Home For
58 W Central St Natick, MA 01760
For Sale
$784,999
Income-generating two-family home in downtown Natick, steps from amenities.
Property Size2,122 SF
Price / SF$369.93
Days on Market96
Property Features for 58 W Central St
General Information
- Standard status
- Active
- Size
- 2,122 SF
- Property subtype
- Multi Family Home
Building Details
- Year Built
- 1850
Listing Agency:
Raymond Douglas Living
(774) 259-5427
Listed By:
Raymond Powell · License #9572634
(774) 259-5427
Source:
Alliancepartnersre
Added: Apr 23
Changed: Jul 10
Last Checked: Jul 25 at 3:23PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Raymond Douglas Living
Investment Insights
Based on property information with market context.
Located in the heart of downtown Natick, this two-family home presents an opportunity for investors or owner-occupants. Situated steps from the Common, commuter rail, and shops, the property offers an unbeatable location and versatile layout. The property is located in a Historic District, and any renovations will require board review. The property is a well-maintained two-family property that is currently fully rented, offering immediate rental income. Each unit is occupied by reliable tenants, making this an ideal turn-key investment. The property has 2122 square feet of space.
Key Highlights
- Income‑generating 2‑family home, currently fully rented with reliable tenants.
- Prime downtown Natick location, steps from the Common, commuter rail, and shops.
- Versatile layout suitable for investors, owner‑occupants, or contractors.
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $67.5k | $31.80 |
| − Vacancy | −$3.3k | −$1.57 |
| EGI | $64.1k | $30.23 |
| − OpEx | −$19.2k | −$9.07 |
| NOI | $44.9k | $21.16 |
2,122 SF · lease $31.80/SF/yr · vacancy 4.94% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$641.5K
$561.3K – $748.4K
NOI $44,902 @ 7.0% cap · market cap 5.72%
Second Best
Apartment 5plus
$603.2K
$527.8K – $703.7K
NOI $42,221 @ 7.0% cap · market cap 5.38%
Theoretical Best
Office A
$1.26M
$1.10M – $1.47M
NOI $87,935 @ 7.0% cap · market cap 11.20%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Fashion Nails Natick
Nail Salon
Bill's Pizzeria
Restaurant
FAQs
What type of property is this?
Duplex - Income-generating two-family home in downtown Natick, steps from amenities.
Where is this duplex located?
The property is located at 58 W Central St Natick, MA.
What is the asking price?
The asking price for this property is $784,999.
What are key features of this property?
This property features: Income‑generating 2‑family home, currently fully rented with reliable tenants.; Prime downtown Natick location, steps from the Common, commuter rail, and shops.; Versatile layout suitable for investors, owner‑occupants, or contractors.
