38-40 Pleasant StreetReading, MA 01867MLS Number 73175620

  • Price: $1,399,900
  • Est. Mortgage of $/month
  • 40 Days on Market
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$
%
$/month over payments
Federal 30-year interest rate: 7.03% last updated on Dec 7, 2023
* 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.
Under Agreement
38-40 Pleasant Street Reading MA 0186738-40 Pleasant Street Reading MA 0186738-40 Pleasant Street Reading MA 0186738-40 Pleasant Street Reading MA 0186738-40 Pleasant Street Reading MA 0186738-40 Pleasant Street Reading MA 0186738-40 Pleasant Street Reading MA 0186738-40 Pleasant Street Reading MA 0186738-40 Pleasant Street Reading MA 0186738-40 Pleasant Street Reading MA 0186738-40 Pleasant Street Reading MA 0186738-40 Pleasant Street Reading MA 0186738-40 Pleasant Street Reading MA 0186738-40 Pleasant Street Reading MA 0186738-40 Pleasant Street Reading MA 0186738-40 Pleasant Street Reading MA 0186738-40 Pleasant Street Reading MA 0186738-40 Pleasant Street Reading MA 0186738-40 Pleasant Street Reading MA 0186738-40 Pleasant Street Reading MA 0186738-40 Pleasant Street Reading MA 0186738-40 Pleasant Street Reading MA 0186738-40 Pleasant Street Reading MA 0186738-40 Pleasant Street Reading MA 0186738-40 Pleasant Street Reading MA 01867
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  • 6Bedrooms
  • 4Bathrooms
INVESTORS! Don’t miss your chance to own this RARE 4-Family in downtown Reading center. Nothing to do but collect rent from the established tenants and build equity for your future. Condo conversion also an option. All 4 tenants are Tenants At Will. The property has two 1BR units and two 2BR units. Both units of the #40 side are CERTIFIED DELEADED. Lots of basement storage on both sides, as well as 2 parking spaces. Each unit has separate utilities. Renovations by prior owner include windows (2015), roof (2014), gas furnace (2012). Recent updates to 3 units include updated electrical, new stove, new vent hood, new toilet, gutter extensions and masonry repair. Perfectly located within walking distance to everything downtown Reading has to offer, including Commuter Rail, Senior Center, shops, banks, schools, medical, dental, pharmacy and restaurants. Group showing Monday, November 6th from 4:00-6:00 PM.
Listed by Jennifer Hardin of True North Realty

Driving Directions

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

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More Info

Basic Information

  • Contingency Financing
  • Gross Income $94,200
  • Lot Features Level
  • Mls StatusUnder Agreement
  • Parcel Number M:022.000000069.0
  • Rent Includes Unit 1(Water), Unit 2(Water), Unit 3(Water), Unit 4(Water)
  • Road Frontage DescriptionPaved

Building

  • BasementFull, Unfinished
  • Building Area Units Square Feet
  • Construction Materials Frame
  • FoundationStone
  • Patio And Porch Features Porch
  • Rooms18
  • Stories6
  • Units4
  • Utilities For Gas Range, For Electric Dryer, Washer Hookup
  • Year Built1900
  • Year Built Details Approximate
  • Year Built Source Public Records

Property Information

  • Building Area Source Public Records
  • Living Area 3,240
  • Lot Size Square Feet 3,244
  • Lot Size Units Acres
  • Square Feet3,240

Tax Information

  • Tax Assessed Value $984,600
  • Tax Year 2023
  • Taxes$12,396

Rooms

  • Bathroom4
  • Bathrooms Total Decimal 4
  • Bedrooms6
  • Full Bath4

Location

  • Address38-40 Pleasant Street
  • Building Number38-40
  • CountyMiddlesex
  • StateMA
  • StreetPleasant Street
  • TownReading
  • Zip01867

Exterior

  • Exterior Features Porch, Gutters
  • RoofShingle

Utilities

  • Cooling Unit 1(), Unit 2(), Unit 3(), Unit 4()
  • Electric Circuit Breakers
  • Heat SystemYes
  • Heating
    • Gas
    • Gas
    • Gas
    • Gas
    • Hot Water Baseboard
    • Hot Water Baseboard
    • Hot Water Baseboard
    • Hot Water Radiators
    • Unit 1(Central Heat
    • Unit 2(Central Heat
    • Unit 3(Central Heat
    • Unit 4(Central Heat
    • Unit Control)
    • Unit Control)
    • Unit Control)
    • Unit Control)
  • Sewer Public Sewer
  • Water Source Public

Other

  • Buyer Agency Compensation2
  • Date Listed11/01/2023
  • Farm Land Area Units Square Feet
  • Transaction Broker Compensation1
  • View Count4

Parking

  • Open Parking YN Yes
  • Parking Features Off Street
  • Parking Spaces2

Basic Information

  • List Price$1,399,900
  • MLS Number73175620
  • Modification Date11/24/2023
  • Property SubType4 Family
  • Purchase Contract Date11/08/2023
  • Sale Date11/23/2023

Property

  • Acreage0.07

Interior

  • Flooring
    • Stone/Ceramic Tile Floor)
    • Stone/Ceramic Tile Floor)
    • Stone/Ceramic Tile Floor)
    • Unit 1(undefined)
    • Unit 2(Wood Flooring
    • Unit 3(Wall to Wall Carpet
    • Unit 4(Wood Flooring
  • Interior Features
    • Bathroom With Tub & Shower)
    • Bathroom With Tub & Shower)
    • Bathroom With Tub & Shower)
    • Kitchen
    • Kitchen
    • Kitchen)
    • Kitchen)
    • Office/Den
    • Office/Den
    • Other (See Remarks))
    • Other (See Remarks))
    • Unit 1 Rooms(Living Room
    • Unit 1(Walk-In Closet
    • Unit 2 Rooms(Living Room
    • Unit 2(Walk-In Closet
    • Unit 3 Rooms(Living Room
    • Unit 3(Walk-In Closet
    • Unit 4 Rooms(Living Room
    • Unit 4(Bathroom With Tub & Shower)

Amenities

  • Amenities
    • Golf
    • Highway Access
    • House of Worship
    • Laundromat
    • Medical Facility
    • Park
    • Private School
    • Public School
    • Public Transportation
    • Shopping
    • T-Station
    • Tennis Court(s)
    • Walk/Jog Trails
  • Appliances IncludedUtility Connections for Gas Range, Utility Connections for Electric Dryer
  • Other AmenitiesBasement, Golf, Tennis

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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