7 Congress St, Greenfield, MA 01301

A business and housing investment opportunity. Large circa 1890 Victorian home celebrating 50 years serving the community. The Elizabeth Home provides a group home with municipal licenses for a congregate living environment for 16 residents that includes 3 nutritious meals daily, laundry, linen and housekeeping weekly. 100% occupied via lease and rental agreements, with some long time residents of 15-21 years. No permitting required when current usage continued. Fire and smoke detector systems, natural gas steam heat, updated electric, asbestos abatement of steam system and multiple egress ensure a safe and secure household for the 24+ rooms including 7+ bathrooms. The U-shaped home sits stately on a corner lot with 369 foot frontage, expansive front porch and hidden balcony deck. Annual rental income of $320,000. A 38x38 two-story carriage house has current additional lease to contractor, however it awaits creative upgrade ideas. Management provided. Excellent staff onsite.