Income-Generating Two-Family
58 West Central Street, Natick, MA 01760
For Sale
$784,999
Two-family home in downtown Natick, steps from the Common.
Property Size2,122 SF
Price / SF$369.93
Days on Market344
Property Features for 58 West Central Street
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Zoning
Net Operating Income
Taxes and HOA fees
Annual Taxes
Amenities
No
Wood, Laminate, Hardwood
Range, Dishwasher, Refrigerator
1
Yes
3.0
Picture Window
Washer & Dryer Hookup, Electric Dryer Hookup, Washer Hookup
Full, Interior Access, Concrete Floor
Mudroom, Ceiling Fan(s), Pantry, Stone/Granite/Solid Counters, Living Room, Dining Room, Kitchen, Sunroom, Living RM/Dining RM Combo
2
2.50
3
Fenced
Frame
Shingle
Shed(s)
Rain Gutters, Fenced Yard, Patio
Patio
Building Details
Year Built
Listing Agency:
Raymond Douglas Living
Listed By:
Raymond Powell · License MA #9572634
(774) 259-5427
Source:
Compass
Added: Dec 2, 2025
Changed: Aug 9
Last Checked: Aug 25 at 5:03AM
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
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Investment Insights
Based on property information with market context.
This two-family home is located in downtown Natick, steps from the Common, commuter rail, and shops. The property, situated in a Historic District, offers charm and character. Any renovations will require board review. The property is currently fully rented, offering rental income. Each unit is occupied by tenants, making this an investment opportunity. The property has potential for investors, owner-occupants, or contractors. The layout allows for renting both units or living in one and renting the other. The property size is 2122 square feet.
Key Highlights
- Prime downtown Natick location: Steps from the Common, commuter rail, and shops.
- Income‑generating two‑family home: Currently fully rented with reliable tenants, providing immediate rental income.
- Versatile layout: Ideal for investors or owner‑occupants, offering options to rent both units or live in one and rent the other.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$44,902
Cap Rate
5.72%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$898,040
$898.0K
Cap Rate 7%
$641,457
$641.5K
Cap Rate 9%
$498,911
$498.9K
Market Conditions
NOI Build-Up for 2,122 SF
Gross rent
$67.5K $31.80/SF
− Vacancy
−$3.3K −$1.57/SF
EGI
$64.1K $30.23/SF
− OpEx
−$19.2K −$9.07/SF
NOI
$44.9K $21.16/SF
Area
Middlesex County, MA
Vacancy
4.94%
Lease Rate
$31.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$898,040
Cap Rate 7%
$641,457
Cap Rate 9%
$498,911
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 authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Location Intelligence
Trade Area within ½ mile
864
Businesses Nearby
Explore this area
Business Placement
Demographics for 01760, MA
36,659
Population
15,838
Households
2.3
Avg Household Size
42
Median Age
69%
College-Educated
98%
High-School Grad
14.8 sq mi
ZIP Area
2,477
Density / Sq Mi
$134,644
Median Household Income
$77,632
Median Earnings
$2,061
Median Rent
$740,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Duplexes in Middlesex County, MA
Properties on Market for Duplexes in Middlesex County
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two-family home in downtown Natick, steps from the Common.
Where is this duplex located?
The property is located at 58 West Central Street 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: Prime downtown Natick location: Steps from the Common, commuter rail, and shops.; Income‑generating two‑family home: Currently fully rented with reliable tenants, providing immediate rental income.; Versatile layout: Ideal for investors or owner‑occupants, offering options to rent both units or live in one and rent the other.
