1694 Main St Concord, MA 01742
Listing Courtesy of:MLS PIN / Compass
$1,149,000
5
BED
5
BATH
3,200
SQFT
  1694 Main St Concord, MA 01742
Pending (27 Days)

Comments

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 its 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.

MLS #:
72822141
Taxes
$12,050(2021)
Lot Size
0.34 acres
Type
Multifamily
Year Built
1775
County
Middlesex County
Bathroom Details
Lot Information
  • Paved Drive
Property Features
  • Fireplace:0
  • Foundation:Brick
  • Foundation:Poured Concrete
Basement Information
  • Concrete Floor
Flooring
  • Wood
Exterior Features
  • Wood
  • Roof:Slate
Utility Information
  • Utilities:Water: City/Town Water
  • Sewer:City/Town Sewer
Parking
  • Off-Street
Location
   
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Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
%
Interest rate
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Disclaimer: Square footage is based on information available to agent, including County records. Information has not been verified by agent and should be verified by buyer.