Address
1694 Main St Concord, MA
Price
$ 1,195,000
Property Attributes
  • MLS#72742242
  • TypeMulti-Family
  • CountyMIDDLESEX
  • CityConcord
  • AreaWest Concord
  • Zip01742
  • Style5+ Family - 5+ Units Up/Down
  • Year Built1775
  • Taxes11649
  • Price$ 1,195,000
  • Bedrooms5
  • Full Bathrooms5
  • Half Bathrooms0
  • Sqr Footage3200
  • Lot Size0.34 Acres
Listing Provided Courtesy Of:
Samantha Berdinka with Luxury Residential Group, LLC.
Property Description

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.

Price History
10/13/2020 Listed $1,195,000

General Features

Construction Material Frame, Post & Beam
Full Baths 5
Levels 5
Parking Features Off-Street, Assigned
Parking Spaces 8
Roof Slate
Square Feet 3200.00
State Massachusetts
Unit 1 Rent 1325
Unit 2 Rent 1350
Unit 3 Rent 1400
Unit 4 Rent 1350

Interior Features

Bedrooms (1) 1
Bedrooms (2) 1
Bedrooms (3) 1
Bedrooms (4) 1
Total Bedrooms 5
Total Number of Units 6

Exterior Features

Foundation Poured Concrete
Lot Description Cleared

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 01742

Price
AVG $2.27M
$1.2M
Taxes
AVG $20,070
$11,649
Visits
AVG 33
6
Year Built
AVG 1864
1775

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