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    1694 Main St

    Concord, MA 01742
    • $1,195,000
    • STATUS: Active
    • MLS #: 72742242
    $1,195,000
    • 5
      BEDS
    • 0.34
      ACRES
    • 5
      BATHS
    • 0
      1/2 BATHS
    • 3,200
      SQFT
    • $373
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1775
    County:
    Area:

    School Ratings & Info

    Listing courtesy of Samantha Berdinka of Luxury Residential Group, Llc.

    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.

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    The property listing data and information 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 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 set forth herein. Data last updated 2020-10-31T00:08:14.73.
    www.seybothteamhomes.com/homes/110971139
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    1694 Main St Concord, MA 01742

    • Price: $1,195,000
    • Status: Active
    • MLS #: 72742242
    5
    Beds
    5
    Baths
    0
    ½ Baths
    0.34
    Acres
    3,200
    SQFT
    $373
    $/SQFT
    1775
    Built
    Neighborhood:
    West Concord
    County:
    Middlesex
    Area:
    West Concord
    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.
    Exterior Features

    Beachfront No Construction FramePost & Beam Foundation Poured Concrete Lot Description Cleared Parking Features Off-StreetAssigned Parking Spaces 8 Roof Material Slate Waterfront Flag No

    Interior Features

    Basement Yes Bedrooms Unit1 1 Bedrooms Unit2 1 Bedrooms Unit3 1 Bedrooms Unit4 1 Fireplaces 0 Fireplaces Unit1 0 Fireplaces Unit2 0 Fireplaces Unit3 0 Fireplaces Unit4 0 Floors Unit1 1 Floors Unit2 1 Floors Unit3 1 Floors Unit4 1 Full Baths Unit1 1 Full Baths Unit2 1 Full Baths Unit3 1 Full Baths Unit4 1 Half Baths Unit1 0 Half Baths Unit2 0 Half Baths Unit3 0 Half Baths Unit4 0 Interior Features Common Floored AtticStorageWood Flooring Levels 2 Levels Unit1 1 Levels Unit2 1 Levels Unit3 1 Levels Unit4 1 Rooms 12 Rooms Common Laundry Rooms Unit1 2 Rooms Unit2 2 Rooms Unit3 2 Rooms Unit4 2

    Property Features

    Apod Available Yes Assessments 818600.00 Disclosure No Gross Operating Income 90300 Lead Paint Unknown Lease Unit1 Y Lease Unit2 Y Lease Unit4 Y Lender Owned No Multifamily Type 5+ Family - 5+ Units Up/Down Net Operating Income 9000 Rent Unit1 1325 Rent Unit2 1350 Rent Unit3 1400 Rent Unit4 1350 Sewer City/Town Sewer Short Sale Lender App Required No Sq Ft Source Owner Tax Year 2020 Taxes 11649.00 Water City/Town Water Year Built Description Approximate Year Built Source Public Record Zoning C

    Listing information © 2020 MLS Property Information Network. All information is deemed reliable but should be independently verified.
    Listing provided courtesy of Samantha Berdinka of Luxury Residential Group, Llc.


    The property listing data and information 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 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 set forth herein. Data last updated 2020-10-31T00:08:14.73.
     
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    The Seyboth Team | Century 21
    235 Taunton Avenue
    Seekonk MA, 02771
    Listing courtesy of Samantha Berdinka of Luxury Residential Group, Llc.