June 9, 2025 – Spencer Smith, Dennis Kelleher and John Pentore of Horvath & Tremblay have successfully completed the sale of a six-unit multi-family Property in Natick, Massachusetts. Horvath & Tremblay exclusively represented the seller in the transaction. The desirable asset sold for $2,170,000.
The multi-family property is located at 52 N Main Street in Natick, Massachusetts. The Property consists of a three-story building with six (6) residential units consisting of one (1), 2-Bedroom/1-Bathroom unit and five (5), 1-Bedroom/1-Bathroom units with 4,637 square feet of living area in 6,424 square feet of gross area on a 0.23-acre parcel. The units are separately metered for heat, hot water and electric, which are paid directly by the tenants, with Landlord solely responsible for domestic water and sewer. 52 North Main Street has been well-maintained throughout ownership and has been subject to recent capital improvements, with full renovations to two of the units, and updates in several units including quartz countertops, new appliances, and new bathrooms. The Property features ample off-street parking with eight (8) direct spaces. In place rents are below market and the opportunity exists to drive rental rates through programmatic upgrades to the unrenovated units. Centrally located in the heart of Natick, the Property is in a walkable location directly outside of the city’s downtown and its vibrant shops, dining amenities, and municipal offices. The Property offers excellent access to the “Golden Triangle” retail district, the largest retail area in the state outside of Boston’s Downtown Crossing, anchored by the Natick Mall and a who’s who of name brand retailers. The Natick Center MBTA Station with service on the Framingham/Worcester Line to Boston’s North Station is just 0.3 miles away, and the area’s highways offer a convenient commute to both Boston and Worcester.
Horvath and Tremblay is one of the most active and successful Investment Real Estate Brokerage firms in the United States. Their advisors specialize in the sale of apartment buildings, mixed-use properties, and development projects. They have experience successfully structuring portfolio sales and 1031 exchanges. They have a dedicated buy side desk that provides real time inventory and market data to each individual client placing capital or fulfilling a 1031 exchange requirement. The firm is dedicated to being the best source of information and expertise in the marketplace for private investors, developers, institutions, and industry professionals.