$1,065,000
$1,149,000
7.3%For more information regarding the value of a property, please contact us for a free consultation.
1694 Main St Concord, MA 01742
5 Beds
5 Baths
3,200 SqFt
Key Details
Sold Price $1,065,000
Property Type Multi-Family
Sub Type 5+ Family - 5+ Units Up/Down
Listing Status Sold
Purchase Type For Sale
Square Footage 3,200 sqft
Price per Sqft $332
MLS Listing ID 72822141
Sold Date 07/30/21
Bedrooms 5
Full Baths 5
Year Built 1775
Annual Tax Amount $12,050
Tax Year 2021
Lot Size 0.340 Acres
Acres 0.34
Property Description
The Colonel Roger Brown House is a unique cash flow positive property in Concord. Formerly a Bed & Breakfast, the property is now 5 residential units plus a separate (zoned for commercial) structure rented as an office. Can be kept for investment or converted back to it's original iteration as a single family. This building features historic details such as original exposed bricks and beams. All units have refinished hardwood floors and efficiency kitchens with countertop ovens provided by landlord. See attachment for list of improvements. An excellent investment opportunity, this building is currently fully leased with strong rental history. The main house contains 2 studio units, 2 one bedroom units, and 1 two-bed. This offering also includes two deeded parking spaces in the Damon Mills parking lot. 5 leases currently run through 8/21 with one on 12/21.
Location
State MA
County Middlesex
Zoning C
Direction Adjacent to Damon Mills
Rooms
Basement Concrete
Interior
Flooring Wood
Appliance Tank Water Heaterless
Laundry Laundry Room
Exterior
Roof Type Slate
Total Parking Spaces 8
Garage No
Building
Story 9
Foundation Concrete Perimeter, Brick/Mortar
Sewer Public Sewer
Water Public
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Bought with Lisa Whitney • Barrett Sotheby's International Realty