25 Minot StreetReading, MA 01867MLS Number 73060092

  • Price: $1,999,999
  • Est. Mortgage of $/month
  • 11 Days on Market
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Federal 30-year interest rate: 6.58% last updated on Nov 23, 2022
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
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Contingent
25 Minot Street Reading MA 0186725 Minot Street Reading MA 0186725 Minot Street Reading MA 0186725 Minot Street Reading MA 0186725 Minot Street Reading MA 0186725 Minot Street Reading MA 0186725 Minot Street Reading MA 0186725 Minot Street Reading MA 0186725 Minot Street Reading MA 0186725 Minot Street Reading MA 0186725 Minot Street Reading MA 0186725 Minot Street Reading MA 01867
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  • 10Bedrooms
  • 12Bathrooms
The Perfect End of the Year "Investment Purchase". A strong brick 12 unit complex with private parking lot. Steps to the commuter rail or highway. There are 10 one bedroom units and 2 studio units. All units are currently rented with no fixed term leases. The one bedroom units have balconies. Efficient Gas Heating and a newer roof makes this a great property. ***Update of heating system - there are two heating systems one for each building. One gas meter with two lines one for each building. There are 12 zones with thermostats in each unit. There is one water heater for both buildings. The Electric is paid by the tenant as each unit is individually metered.
Listed by Mary L. Lawton of Lawton Real Estate,Inc

Driving Directions

Colonial Manor Realty
Colonial Manor Realty
127 Franklin Street
Reading, MA 01867

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More Info

Basic Information

  • Contingency Pending P&S
  • Gross Income $149,706
  • Listing Terms Contract
  • Mls StatusContingent
  • Parcel Number M:016.000000122.0
  • Rent Includes Unit 1(Heat, Water, Hot Water), Unit 2(Heat, Water, Hot Water), Unit 3(Heat, Water, Hot Water), Unit 4(Heat, Water, Hot Water)

Building

  • Building Area Units Square Feet
  • Construction Materials Frame, Brick
  • FoundationConcrete Perimeter
  • Garage Spaces
  • Rooms48
  • Stories13
  • Utilities For Electric Range, For Electric Oven
  • Year Built1961
  • Year Built Details Actual
  • Year Built Source Public Records

Amenities

  • AmenitiesPublic Transportation, Shopping, Golf, Highway Access, T-Station
  • Appliances IncludedWasher, Dryer, Unit 1(Refrigerator), Unit 2(Range, Refrigerator), Unit 3(Range, Refrigerator), Unit 4(Range, Refrigerator), Gas Water Heater, Utility Connections for Electric Range, Utility Connections for Electric Oven
  • Other AmenitiesGolf

Tax Information

  • Tax Assessed Value $1,302,500
  • Tax Year 2022
  • Taxes$17,362

Rooms

  • Bathroom12
  • Bathrooms Total Decimal 12
  • Bedrooms10
  • Full Bath12

Location

  • Address25 Minot Street
  • Building Number25 - 27
  • CountyMiddlesex
  • StateMA
  • StreetMinot Street
  • TownReading
  • Zip01867

Exterior

  • Exterior Features Balcony, Unit 1 Balcony/Deck, Unit 2 Balcony/Deck, Unit 3 Balcony/Deck, Unit 4 Balcony/Deck
  • RoofShingle

Utilities

  • Cooling Unit 1(), Unit 2(), Unit 3()
  • Electric Circuit Breakers, Individually Metered
  • Heat SystemYes
  • Heating Natural Gas, Unit 1(Gas), Unit 2(Gas), Unit 3(Gas)
  • Sewer Public Sewer
  • Water Source Public

Other

  • Buyer Agency Compensation2
  • Date Listed11/21/2022
  • Farm Land Area Units Square Feet
  • View Count1

Parking

  • Open Parking YN Yes
  • Parking Features Paved Drive, Off Street, Paved
  • Parking Spaces12

Basic Information

  • List Price$1,999,999
  • MLS Number73060092
  • Modification Date12/01/2022
  • Property SubType5+ Family - 5+ Units Up/Down

Property

  • Acreage0.42

Interior

  • Flooring
    • Carpet
    • Hardwood
    • Laminate
    • Unit 1(undefined)
    • Unit 2(Hardwood Floors)
    • Unit 3(Hardwood Floors)
    • Unit 4(Hardwood Floors)
    • Wall to Wall Carpet
  • Interior Features
    • Living RM/Dining RM Combo)
    • Living RM/Dining RM Combo)
    • Living RM/Dining RM Combo)
    • Unit 1 Rooms(Kitchen
    • Unit 2 Rooms(Kitchen
    • Unit 3 Rooms(Living RM/Dining RM Combo)
    • Unit 4 Rooms(Kitchen

Property Information

  • Building Area Source Public Records
  • Living Area 8,760
  • Lot Size Square Feet 18,305
  • Lot Size Units Acres
  • Square Feet8,760

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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