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    38-40 Court Ln Concord, MA 01742

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    For Sale
    $979,000

    Two-family home in Concord's historic center, an investor's dream.

    Lot size:
    0.12 Acres

    Property Features for 38-40 Court Ln

    General Information

    Lot size
    0.12 Acres

    Building Details

    Year built
    1850

    Source: The Attias Group, LLC Agent The Zur Attias Team

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Thriving Downtown Two-Family Home

    This two-family home presents a unique investment opportunity in a thriving downtown location, steps from the Colonial Inn. The property features a downstairs unit and an upstairs unit, both consistently rented for years. The downstairs unit includes 2 bedrooms, a large living room with built-in bookcases, a kitchen, a mudroom, and a full bath. The second-floor unit features 2 bedrooms with wall-to-wall carpeting, a full bathroom, and a full kitchen. Laundry facilities are located in the basement. Each unit has designated parking. Options include renting one or both units, or converting this antique canvas into a 3 or 4 bedroom dream home in Concord's historic center. The property could be converted to a single family home. Enjoy all that Concord has to offer.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Concord
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.3479996
    Latitude
    42.4620018

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    FAQs

    What type of property is this?
    Duplex - Two-family home in Concord's historic center, an investor's dream.
    Where is this duplex located?
    The property is located at 38-40 Court Ln Concord, MA.
    What is the asking price?
    The asking price for this property is $979,000.
    What are key features of this property?
    This property features: - Prime downtown location, steps from Colonial Inn and Concord's historic center; - Two-family home offering immediate rental income potential; - Option to convert to a single-family home
    (978) 621-0734
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    38-40 Court Ln Concord, MA 01742
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