Brick & Mortar Realty
Mark Carmien, Brick & Mortar RealtyPhone: (413) 320-1162
Email: [email protected]
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listing
1 of 16
MultifamilySold
List Price $700,000
Sold Price $685,000
7 Congress
Greenfield, MA 01301
Courtesy of Greenfield Group Real Estate - Jarod Martin
MLS Property Information Network
11Beds
7Full2Half Baths
6,900Sq Ft
Est. Mortgage
$3,713/mo

A business and housing investment opportunity. Large circa 1890 Victorian home celebrating 50 years serving the community. The Elizabeth Home provides a group home with municipal licenses for a congregate living environment for 16 residents that includes 3 nutritious meals daily, laundry, linen and housekeeping weekly. 100% occupied via lease and rental agreements, with some long time residents of 15-21 years. No permitting required when current usage continued. Fire and smoke detector systems, natural gas steam heat, updated electric, asbestos abatement of steam system and multiple egress ensure a safe and secure household for the 24+ rooms including 7+ bathrooms. The U-shaped home sits stately on a corner lot with 369 foot frontage, expansive front porch and hidden balcony deck. Annual rental income of $320,000. A 38x38 two-story carriage house has current additional lease to contractor, however it awaits creative upgrade ideas. Management provided. Excellent staff onsite.

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Information courtesy of Greenfield Group Real Estate is subject to verification and is not guaranteed.
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