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$1,125,000

List Price

1694 Main St Concord , MA 01742

5 bed | 5 bath | 3,200sqft | $5,002 est. monthly cost

$14,063

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Home Information and Amenities

12 Rooms

5 Bedrooms

5 Bathrooms

8 Parking

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 $7600/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.

  • Property type

Multi-family

  • # of Bedrooms

5

  • # of Bathrooms

5

  • # Number of Units

6

  • Year Built

1775

  • Size

3,200

  • Lot Size

14,859

  • HOA

None

  • Basement

Yes

  • Heating

  • Total Parking

8

  • Roof Material

Slate

  • Flooring

Unavailable

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