NOT LISTED FOR SALE

238 Commonwealth Ave Concord, MA 01742

6 Beds
3 Baths
2,513 Sq Ft
9,583 Sq Ft

Last Sold March 25, 2022

Last sale price $1,000,000 $398 Per Sq Ft

3 Days on Market

Highlights

  • Golf Course Community
  • Community Stables
  • Landscaped Professionally
  • Thoreau Elementary School Rated A
  • Medical Services
  • 5-minute walk to Rideout Playground

About This Home

As of March 2022

EXCITING OPPORTUNITY FOR INVESTOR or owner occupant! Income producing Victorian Multi Family classified 4 Unit Apartment Building per Town. Situated on .22 Acre corner lot minutes to West Concord Village with Train to Boston, Shopping, Restaurants, Rail Trail, Warner Pond, Park/Playground & Schools. Offers a variety of possible expansion & rental options w/ flexible layout-the 1st Fl features lovely 4 rm Apartment w/Fireplace Liv Rm, Kit, 2 BRs,Bath & has Porch access. Also 1st Fl is Studio Apt w/porch access-both Apts are rented.The 5 Rms on 2nd Fl has one bath,2 Kitchenettes & has been offered as two Apts-1 BedRm & 2 BedRm units or offered as one Lg 5 Rm Apt. 2nd Fl presently not rented-3rd Lev has walk up Attic w/finished Bonus Rm. Units are sunfilled w/high ceilings-lg windows,HW & laminate Fls & neutral decor. Home is well maintained w/new roof,new hot water tank,updated boiler,town water,sewer & natural gas. Brick Patio-Parking for 6 cars in rear. An opportunity not to be missed!

Last Agent to Sell the Property

Carole Perini

Coldwell Banker Realty - Concord Listed on: 02/15/2022

Coldwell Banker Realty - Concord

Last Buyer's Agent

Betsy Dorr

LandVest, Inc., Concord

LandVest, Inc., Concord

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,949

Year Built

  • Built in 1890

Lot Details

  • 9,583 Sq Ft Lot
  • Cul-De-Sac
  • Landscaped Professionally
  • Corner Lot
  • Garden

Home Design

  • Quadruplex
  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,513 Sq Ft Home
  • Wood Burning Fireplace
  • Insulated Windows
  • Window Screens

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Parking

  • 6 Car Parking Spaces
  • Paved Parking
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Bulkhead
  • Deck
  • Patio
  • Porch

Location

  • Property is near public transit and schools

Schools

  • Thoreau Elementary School
  • Concord Middle School
  • Concordcarlisle High School

Utilities

  • No Cooling
  • 1 Heating Zone
  • Heating Available
  • Knob And Tube Electrical Wiring
  • 200+ Amp Service
  • Gas Water Heater

Listing and Financial Details

  • Total Actual Rent $3,900
  • Rent includes unit 1(heat electric water hot water), unit 2(heat electric water hot water), unit 4(heat electric water hot water)
  • Assessor Parcel Number 453760

Community Details

Overview

  • 4 Units
  • Near Conservation Area
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops

Recreation

  • Golf Course Community
  • Tennis Courts
  • Park
  • Community Stables
  • Jogging Path
  • Bike Trail

Building Details

  • Net Operating Income $46,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,949

Year Built

Built in 1890

Lot Details

9,583 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 4 Family - 4 Units Up/Down
  • Year Built: 1890
  • Buyer Agency Type: %
  • Transaction Broker Type: %
  • Year Built Details: Actual,Renovated Since
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 6

Interior Features

  • Flooring: Tile,Laminate,Hardwood, Unit 1(undefined), Unit 2(Hardwood Floors), Unit 4(Wood Flooring)
  • Interior Amenities: Unit 1(Pantry,Walk-In Closet,Bathroom With Tub & Shower), Unit 2(Studio), Unit 3(Bathroom With Tub & Shower,Other (See Remarks)), Unit 1 Rooms(Living Room,Kitchen), Unit 2 Rooms(Other (See Remarks)), Unit 3 Rooms(Living Room,Kitchen), Unit 4 Rooms(Living Room,Kitchen)
  • Fireplace Features: Unit 1(Fireplace - Wood burning)
  • Fireplace YN: Yes
  • Fireplaces: 1
  • Appliances: Unit 1(Range,Refrigerator,Washer,Dryer), Unit 2(Range,Refrigerator), Unit 3(Range,Refrigerator,Washer,Dryer), Unit 4(Range,Refrigerator), Gas Water Heater,Tank Water Heater, Utility Connections for Electric Range, Utility Connections for Electric Dryer
  • Total Bedrooms: 6
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Laundry Features: Washer Hookup, Unit 3 Laundry Room
  • Basement: Full, Bulkhead, Concrete, Unfinished
  • Living Area: 2513
  • Stories Total: 6
  • Window Features: Insulated Windows, Screens
  • MAIN LO: AN6181
  • MAIN SO: AN0538

Exterior Features

  • Exterior Features: Professional Landscaping, Garden
  • Construction Materials: Frame
  • Foundation Details: Stone
  • Patio And Porch Features: Porch, Deck, Patio
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Off Street, Paved
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range, for Electric Dryer, Washer Hookup
  • Cooling: Unit 1(None), Unit 2(None), Unit 3(None), Unit 4(None)
  • Heating: Unit 1(Hot Water Radiators,Steam,Gas), Unit 2(Hot Water Radiators,Steam,Gas), Unit 3(Hot Water Radiators,Steam,Gas), Unit 4(Hot Water Radiators,Steam,Gas)
  • Cooling Y N: No
  • Electric: 200+ Amp Service, Knob & Tube Wiring
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 1
  • HEAT ZONES: 1
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Stable(s), Golf, Medical Facility, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, Other
  • Rent Includes: Unit 1(Heat,Electric,Water,Hot Water), Unit 2(Heat,Electric,Water,Hot Water), Unit 4(Heat,Electric,Water,Hot Water)
  • Senior Community YN: No

Lot Info

  • Parcel Number: 453760
  • Zoning: Res
  • Farm Land Area Units: Square Feet
  • Lot Features: Cul-De-Sac, Corner Lot
  • Lot Size Acres: 0.22
  • Lot Size Sq Ft: 9583.2
  • Lot Size Units: Acres
  • LOT SIZE: 9583

Green Features

  • Green Energy Efficient: Other (See Remarks)

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 7949

Multi Family

  • Net Operating Income: 46800
  • Number Of Units Total: 4
  • Total Actual Rent: 3900
  • LEVELS 1: 1
  • LEVELS 4: 1
  • LEVELS 3: 1
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 3: 2

MLS Schools

  • High School: Concordcarlisle
  • Elementary School: Thoreau
  • Middle Or Junior School: Concord
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/25/2022 03/25/22 Sold $1,000,000 +0.5% $398 / Sq Ft
02/19/2022 02/19/22 Pending -- -- --
02/15/2022 02/15/22 For Sale $995,000 -- $396 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $125 $945,100 $414,100 $531,000
2024 $12,215 $930,300 $414,100 $516,200
2023 $8,403 $648,400 $376,500 $271,900
2022 $7,950 $538,600 $301,200 $237,400
2021 $7,690 $522,400 $301,200 $221,200
2020 $7,434 $522,400 $301,200 $221,200
2019 $7,294 $514,000 $311,200 $202,800
2018 $4,931 $488,400 $285,600 $202,800
2017 $6,586 $468,100 $265,300 $202,800
2016 $6,420 $461,200 $265,300 $195,900
2015 $6,309 $441,500 $245,600 $195,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72942709

MLS Property Information Network (MLS PIN)
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