BUYERS or INVESTORS TAKE NOTICE! A wonderful opportunity to own a LARGE TWO FAMILY Colonial IN THE HEART OF HISTORICAL CONCORD. The PRIME LOCATION does not get better than this! Let your imagination lead the way! Endless options! COULD ALSO BE CONVERTED TO A SINGLE FAMILY. You’ll have easy access to DOWNTOWN CONCORD CENTER boutiques, restaurants, cafes and more! This rare opportunity is ideal for the investor or the buyer that wants to enjoy home ownership with the added advantage of COLLECTING RENTAL INCOME. Each spacious unit offers 2 bedrooms, 1 1/2 baths, an enclosed porch, hardwood floors & spacious closets. One unit offers air conditioning via mini split and a great 2nd floor sunroom. In addition, the landscaped lot has plenty of parking as well as a detached 2 car garage w/storage. Come quick, this opportunity won’t last long! A RARE FIND CLOSE TO DOWNTOWN CONCORD!
This home has been viewed 49 times
Last Checked: May 6th, 2024 at 11:45pm (Source: MLS PIN #73039170)
Gross Income: $60,600
Gross Expenses: $13,995
Net Income Calc: $46,605
Water Views
Annual Expenses for 31-33 Lang Street, Concord MA 01742
Total Gross Expenses (Calculated)$13,995/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax13995
Annual Income & Unit Breakdown for 31-33 Lang Street, Concord MA 01742
Total Gross Income (Calculated)$60,600
Unit 1
Rental Income$0
LeaseY
Bedrooms2
Bathrooms1 Full, 1 Half
Floor1
Levels in Unit2
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full, 1 Half
Floor1
Levels in Unit2
Rent Includes
General Information for 31-33 Lang Street, Concord MA 01742
Listing ID73039170
Property TypeMulti Family
Price1465000 ($488.01/SqFt)
StyleMulti Family
CityConcord
CountyMiddlesex
Neighborhood(s)
Approximate Living Area Total3002
Approximate Lot Size (Acres)0.34
Total Parking12 (2 Garage)
Garage Parking2
Year Built1918
Year Built SourcePublic Records
Year Built DetailsActual
WaterPublic
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction MaterialsFrame
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor Space
ZoningC
Water ViewsNo
Water Views Features
Waterfront Features
Terms
Disclosures for 31-33 Lang Street, Concord MA 01742
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsAll Personal Property.
Financial Data Source
Total Gross Expenses By Broker
Total Gross Income By Broker
Total Net Income By Broker
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation2.5
Facilitator Compensation1
Compensation Based OnNet Sale Price
Financial Information for 31-33 Lang Street, Concord MA 01742
Real Estate Taxes13995
Tax Year2022
Assessed Value$948,200
Financial Data Source
Total Gross Expenses By Broker
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker
BostonRealEstate.com Gross Income
Total Net Income By Broker
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
Location Information for 31-33 Lang Street, Concord MA 01742
Elementary SchoolAlcott
Middle SchoolCms
High SchoolCchs
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 31-33 Lang Street, Concord MA 01742