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7 Congress St, Greenfield, MA

Greenfield · MA 01301

$685,000
Price
11
Beds
8
Baths
6900
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1890
Units: 16 Units
Lot size: 0.53 Acre Lot
Price per square foot: $101 / Sq.Ft
Parking: 2 Garage Spaces · 8 Off Street Spaces

About this home

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.

Neighborhood & Transit

7 Congress St, Greenfield · MA 01301

Nearby transit

Within 0.5 mile, measured straight-line to the nearest station entrance.

No subway or commuter rail stations within 0.5 mile.

Price Insight

Days on Market:
1094 days
Listing Price:
$700,000
Price per Sq.Ft:
$101
Tax Assessment:
$487,800 in 2023
Taxes:
$811 / Monthly

Home Facts

Interior Features

Bedrooms
11
Full Bathrooms
7
Half Bathrooms
2
Living Area
6,900 Sq.Ft
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
6900
Flooring
Unknown
Lead paint
Unknown

Utilities

Heating Type
Unknown
Heating Zone
Unknown
Cooling
Unknown
Cooling Zones
Unknown
Water
Unknown
Sewer
Unknown
Electric Features
220 Volts, Circuit Breakers, Other (See Remarks)

Exterior Features

Lot Size
23,086 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
2 Parking Spaces
Off Street Parking
8 Parking Spaces

Construction Details

Construction Type
Unknown
Siding
Vinyl
Roof
Unknown

Green Features

Electric Vehicle Charger
Unknown
Solar Panels
Unknown
Green Certified
Unknown
Insulation Features
Unknown
Energy Features
Unknown

Listing information

Listing agent
Jarod Martin
Listing office
Greenfield Group Real Estate
MLS PIN #
73177804