1694 Main Street

Concord, MA 01742

$1,065,000
Last Sold Price
5
Beds
5
Baths
3,200 Sq. Ft.
$333 / Sq. Ft.
3,200
Sq. Ft.
$333
per Sq. Ft.

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....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.
  1. Listed by Samantha Berdinka • Compass

Property Details for 1694 Main Street

Town
Concord
Area
MA-Concord
Garage Spaces
0
Parking Spaces
8.00
Parking Spaces Total
8

Location

Listing Courtesy of Compass, Samantha Berdinka

Sold By Barrett Sotheby's International Realty, Lisa Whitney

Add your commute
LISTING UPDATED: 08/06/2022 07:40 AM

Property Details for 1694 Main Street

StatusSold
MLS #72822141
Days on Market27
Taxes$12,050 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 5+ Family - 5+ Units Up/Down
Year Built1775
CountyMiddlesex County

Location

Listing Courtesy of Compass, Samantha Berdinka

Sold By Barrett Sotheby's International Realty, Lisa Whitney

Add your commute

Building Information for 1694 Main Street

Stories9Residences6Year Built1775Building Size-Lot Size0.34 AC / 14,859 SF

Payment Calculator

$6,816 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,812

Property Taxes

$1,004

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1694 Main Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Current Financing: Cash
  • Living Area: 3200.0
  • Total Units: 6
  • Waterfront: No
  • Year Built Details: Approximate
  • Year Built Source: Public Records
Features
Interior Features
  • Appliances: Tankless Water Heater
  • Basement Features: Concrete Floor
  • Num of Baths: 5.0
  • Num of Full Baths: 5
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 5.00
  • Bathrooms Total Integer: 5
  • FireplaceYN: No
  • Fireplaces: 0
  • Flooring: Wood
  • Laundry Features: Laundry Room
Exterior Features
  • Construction: Frame, Post & Beam
  • Roof Material: Slate
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Paved Drive, Off-Street
  • Open Parking: Yes
  • Parking Features: Paved Drive, Off-Street
  • Parking Features: Off-Street
Utilities
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Disclosures: Currently the Gatehouse structure has no water but the town is providing information on how to bring it in.
Tax Information
  • Tax ID: M:10C B:2368,455307
  • Assessments: $818,600
  • Book: 65078
  • Tax Year: 2021
  • Zoning: C
Building / Association Information
Living Characteristics
  • Beds Total: 5
  • Total Living Levels: 9
Other Building Characteristics
  • Foundation: Concrete Perimeter, Brick/Mortar
Income / Expenses
  • Annual Expenses Source: Owner
  • GOI: $92,100.00
  • GRE: $8,580
  • NOI: $83,520.00
  • Operating Expense: $8,580.00
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: Y
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 1
  • Lease U2: Y
  • Levels U2: 1
Unit 3 Description
  • Floor U3: 2
  • Lease U3: Y
  • Levels U3: 1
Unit 4 Description
  • Floor U4: 2
  • Levels U4: 1
Rental Info
Rental Info
  • Total Actual Rent: $7,675.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2.5
  • Other Agent Compensation: 0

Property History for 1694 Main Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1694 Main Street

Taxable ValueLand$453,400Additions$623,500Total$1,076,900
Tax Record2023$12,812 ($1,068 / month)
Home Facts
Lot Size14,859 SqFtStyleOffice BuildingZoningCCountyMIDDLESEXAPNCONC M:10C B:2368

Schools near 1694 Main Street

This home is within Concord-Carlisle School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Thoreau Elementary School
PublicPK to 5

Concord Middle School
Public6 to 8

Concord Carlisle High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Compass, Samantha Berdinka

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. 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., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS 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.