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7 Congress

Greenfield, MA 01301
  • $635,000
  • STATUS: Active
  • MLS #: 72956606
UPDATED: 51 min ago
$635,000
  • 0
    BEDS
  • 0.51
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Business Opportunity
Built:
1973
County:
Area:

School Ratings & Info

Listing courtesy of William Martin of Greenfield Group Real Estate.

Description

A business and housing investment opportunity. Large circa 1870 Victorian Home celebrating nearly 50 years serving the community as a housing choice. The Elizabeth Home provides a group home with municipal licenses for a congregate living environment for 16 residents that include 3 nutritious meals daily and laundry, linen and housekeeping weekly. 100% occupied via lease and rental agreements with some long time residents of 15 to 21 years. No permitting required when current usage extended. Fire and smoke detector system, natural gas steam heat, updated 400 amp panels and wiring, asbestos abatement of steam system and multiple egress ensure a safe and secure household for the 26 rooms including 8+ bathrooms. The U-shaped home sits stately on a corner lot with 369 foot frontage, expansive front porch and hidden balcony deck. Annual rental of $320,000. An unused 38X38 two-story carriage house awaits creative ideas. Management assistance can be provided. Excellent staff onsite.

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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2022-05-22T22:08:50.337.
www.charthouserealtors.com/homes/126993239
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7 Congress Greenfield, MA 01301

  • Price: $635,000
  • Status: Active
  • On Site: Days
  • Updated: 51 min ago
  • MLS #: 72956606
0
Beds
0
Baths
0
½ Baths
0.51
Acres
1973
Built
Neighborhood:
Other
County:
Franklin
Area:
Other
Property Description
A business and housing investment opportunity. Large circa 1870 Victorian Home celebrating nearly 50 years serving the community as a housing choice. The Elizabeth Home provides a group home with municipal licenses for a congregate living environment for 16 residents that include 3 nutritious meals daily and laundry, linen and housekeeping weekly. 100% occupied via lease and rental agreements with some long time residents of 15 to 21 years. No permitting required when current usage extended. Fire and smoke detector system, natural gas steam heat, updated 400 amp panels and wiring, asbestos abatement of steam system and multiple egress ensure a safe and secure household for the 26 rooms including 8+ bathrooms. The U-shaped home sits stately on a corner lot with 369 foot frontage, expansive front porch and hidden balcony deck. Annual rental of $320,000. An unused 38X38 two-story carriage house awaits creative ideas. Management assistance can be provided. Excellent staff onsite.
Exterior Features

Building Construction Frame Location DowntownCorner LotNeighborhood Parking Spaces 8

Interior Features

Basement Yes Basement Features FullBulkheadDirt FloorConcrete FloorExterior Access Facilities KitchenLoungeOther (See Remarks) Restrooms 8 Total Building Sq Ft 6905.00

Property Features

Business Hours 8 Hrs/Day Business Opportunity Type Other (See Remarks) Disclosure Yes Disclosures November 2021 Limited Property Appraisal AvailableRentals Not included. Documents On File Accountant ProvidedOwner ProvidedMay Show BooksLimited InformationLease Agreement Form Sub S Corporation Gross Annual Income 320000.00 Handicap Access Yes Inventory Available Yes Owner Training Yes Real Estate Included Yes Reason For Sale PersonalConsolidating Special Licenses Yes Utilities Public WaterPublic SewerNatural Gas220 VoltsFiber Optic Zone Description Legal Conforming Zoning Ra

Listing information © 2022 MLS Property Information Network. All information is deemed reliable but should be independently verified.
Listing provided courtesy of William Martin of Greenfield Group Real Estate.


The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2022-05-22T22:08:50.337.
 
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Chart House Realtors
47 Maple Avenue
Barrington RI, 02806
Listing courtesy of William Martin of Greenfield Group Real Estate.