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7 CongressGreenfield, MA 01301Price: $635,000

  • Price: $635,000
  • 259 Days on Market
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Federal 30-year interest rate: 6.49% last updated on Dec 1, 2022
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $635,000List Price
  • 8Bathrooms
  • 1973Year Built
  • 6,905Square Feet

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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 electric, with 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.

Property Details of 7 Congress

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Listed by William Martin of Greenfield Group Real Estate

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) from third party sources, including sellers, lessors and public records, and were compiled by MLSPIN. The property listing data and information, and the Images, 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. MLSPIN and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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