1694 Main St

Concord, MA
$ 1,195,000 Beds 5 Baths 5 Sq 3,200
Monthly Estimate* How much can I afford?

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.

Multi-Family

  • Price
  • $ 1,195,000
  • Lot Size
  • 0.34 Acres
  • Bedrooms
  • 5
  • Sqr Footage
  • 3,200
  • Full Bathrooms
  • 5
  • Year Built
  • 1775
  • Half Bathrooms
  • 0
  • City, Zip
  • Concord
  • Taxes
  • 11649
  • County
  • MIDDLESEX
  • Style
  • 5+ Family - 5+ Units Up/Down
  • Area
  • West Concord
  • MLS#
  • 72742242
  • Zip
  • 01742
Listing Provided by: Samantha Berdinka with Luxury Residential Group, LLC.

Features

General

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

Affordability Calculator

$3,068

Per Month

Based on the average sale price from the Methuen, MA office

  • Monthly Principal & interest $1,939
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

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

Property vs Zip Code Average in 01742

Price
AVG $2.27M
$1.2M
Taxes
AVG $20,070
$11,649
Visits
AVG 33
5
Year Built
AVG 1864
1775

Map

Areas That We Cover

1694 Main St Concord, MA is a Single Family Home for sale at $1195000 with 3200 sqft and a lot size of 0.34 Acres Acre(s). 1694 Main St Concord has 5 bedrooms, 5 baths and was built in 1775. The property's zip code is 01742 which is in Concord, MA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.