1694 Main St, Concord, MA 01742

5 Bed Multi Family For Sale

Posted on 10/13/20
Map
Price
$1,195,000
Bedrooms
5
Baths
5
Home Type
Multi Family
Style
5+ Family

Membership Savings

MEMBERS GET UP TO
$23,900 (2%)
REBATE ON THIS HOME
JOIN NOW

Mortgage Calculator

Home Price
Down Payment (%)
Monthly Mortgage Payments
30 Year Fixed
$4,564
15 Year Fixed
$6,602

Property Description for 1694 Main St, Concord, MA 01742

The Colonel Roger Brown House is a unique cash flow positive property in Concord. Formerly a B&B, the property is now 5-units plus a separate building zoned and rented as an office/studio. This building has been exceptionally well maintained. See attachment for list of improvements. The main property's 5 units are fully rented - four 1-bedroom/studio units plus a 2-bedroom unit. Total rent for the 5 units plus office is $7525/mo with great rental history. Leases end in Dec (1), May (2), and August (3), so easy to convert to a single family or consider other uses. > 6 parking spots exist on-premise as well as 2 additional spots deeded in the Damon Mills parking lot. Separate Gatehouse structure is currently rented as office space.

Interior Details

Living Area:
3,200 sq. ft.
Price/Sq Ft:
$373.44/sq. ft.

Exterior Details

Acres:
0.34 acres
Lot Size:
14,859 sq. ft.

Other Details

Mls No:
72742242

Unit 1 Details

Rooms: 2
Beds: 1
Baths: 1
Levels: 1
Floor: 1
Rent: $1,325
Leased: Yes

Unit 2 Details

Rooms: 2
Beds: 1
Baths: 1
Levels: 1
Floor: 1
Rent: $1,350

Unit 3 Details

Rooms: 2
Beds: 1
Baths: 1
Levels: 1
Floor: 1
Rent: $1,400

Unit 4 Details

Rooms: 2
Beds: 1
Baths: 1
Levels: 1
Floor: 1
Rent: $1,350

The property listing data and information, or the Images, 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, and the Images, 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, or as to the accuracy of any of the Images, set forth herein. This listing is courtesy of Samantha Berdinka from Luxury Residential Group, Llc. Updated Oct 19, 2020 3:30:02 AM

SAVE 2% ON
YOUR NEXT HOME
- Self Service -
JOIN NOW