Renovated Duplex with Inground
75 Concord Road, Chelmsford, MA 01824
For Sale
$1,295,000
A legal accessory apartment with a private entrance adds rental or household flexibility to the renovated residence.
Property Size4,456 SF
Lot Size1.00 Acre
Price / SF$290.62
Days on Market12
Property Features for 75 Concord Road
General Information
Standard status
Size
Total Parking Spaces
Lot size
Property subtype
Additional Details
Multifamily Units
Amenities
beamed ceilings
multiple fireplaces
original wide-plank pine floors
chef's kitchen
generous island
beamed living room
fireplaced dining room
family room
study
first-floor primary suite
renovated bath
patio
legal accessory apartment
stone walkways
gated inground pool
brand-new stone patio
gas firepit
fruit trees
garden beds
new greenhouse
attached three-car garage
Building Details
Year Built
Construction
Listing Agency:
Coldwell Banker Realty - Concord
Listed By:
The Laura Baliestiero Team
Source:
Hammondre
Added: Oct 27
Changed: Nov 6
Last Checked: Nov 6 at 10:11AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Realty - Concord
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Investment Insights
Based on property information with market context.
Dating to 1782, this 4,456-square-foot property combines historic interior details with extensive renovations. Beamed ceilings, multiple fireplaces, and refurbished wide-plank pine floors remain part of the home. The kitchen has an island and connects with the living and dining rooms; a separate family room and study provide additional interior space. The first-floor primary suite includes a renovated bath and patio access, while four bedrooms are located upstairs. A legal accessory apartment has its own entrance.
The property occupies an acre with gardens, fruit trees, and garden beds. Outdoor features include a gated inground pool, a new stone patio, a separate gas firepit, and a greenhouse. An attached three-car garage completes the property.
The property occupies an acre with gardens, fruit trees, and garden beds. Outdoor features include a gated inground pool, a new stone patio, a separate gas firepit, and a greenhouse. An attached three-car garage completes the property.
Key Highlights
- 4,456‑square‑foot property on 1 acre
- Legal accessory apartment with private entrance
- 1782 Colonial with beamed ceilings, fireplaces, and refurbished wide‑plank pine floors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$94,291
Cap Rate
7.28%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,885,820
$1.9M
Cap Rate 7%
$1,347,014
$1.3M
Cap Rate 9%
$1,047,678
$1.0M
Market Conditions
NOI Build-Up for 4,456 SF
Gross rent
$141.7K $31.80/SF
− Vacancy
−$7.0K −$1.57/SF
EGI
$134.7K $30.23/SF
− OpEx
−$40.4K −$9.07/SF
NOI
$94.3K $21.16/SF
Area
Middlesex County, MA
Vacancy
4.94%
Lease Rate
$31.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,885,820
Cap Rate 7%
$1,347,014
Cap Rate 9%
$1,047,678
Alternative Uses
Best Use
Multifamily LT 5
$1.35M
$1.18M – $1.57M
NOI $94,291 @ 7.0% cap · market cap 7.28%
Second Best
Apartment 5plus
$1.27M
$1.11M – $1.48M
NOI $88,659 @ 7.0% cap · market cap 6.85%
Theoretical Best
Office A
$2.64M
$2.31M – $3.08M
NOI $184,655 @ 7.0% cap · market cap 14.26%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
88
Businesses Nearby
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Business Placement
Demographics for 01824, MA
26,881
Population
10,301
Households
2.6
Avg Household Size
44
Median Age
57%
College-Educated
96%
High-School Grad
18.1 sq mi
ZIP Area
1,485
Density / Sq Mi
$141,337
Median Household Income
$75,753
Median Earnings
$2,076
Median Rent
$590,900
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Middlesex County, MA
Properties on Market for Duplexes in Middlesex County
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - A legal accessory apartment with a private entrance adds rental or household flexibility to the renovated residence.
Where is this duplex located?
The property is located at 75 Concord Road Chelmsford, MA.
What is the asking price?
The asking price for this property is $1,295,000.
What are key features of this property?
This property features: 4,456‑square‑foot property on 1 acre; Legal accessory apartment with private entrance; 1782 Colonial with beamed ceilings, fireplaces, and refurbished wide‑plank pine floors
