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70 Burroughs Rd, North Reading MA 01864

North Reading, MA 01864
$209,000
Est. $1,701/month
2
Beds
2
Baths
1,205
Sq Ft
$173
Price/Sq Ft
0.19
Acres
1926
Year Built
101
Days on Market
Closed Listed Jan 21, 2020 • MLS# 72610270 Copied!

About this home

Almost one of a kind for North Reading. Two single family homes on one lot. Homes need modernization and could use a floor plan redesign. At one point, public records show the larger front home as a 2 bedroom home but is now being used as a large one bedroom. The rear home has a loft area that appears it could have stairs added to make an expansive bedroom. Renovate one home and rent the other, Air BNB or extended family. Both houses have individual natural gas and electric. The houses need work and conventional loans would appear difficult, seller looking for cash buyer. Title V has not been done and would be buyer's responsibility. Bring your developer and investor ideas as this could be a solid income producing property especially in a community which has very few multi family rentals. Around the corner from 92 acre Martins Pond and Clarke Park. The property is surrounded by over 10 acres of Town owned conservation land.

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Property Overview

Property Type
Multi Family
Listing Type
For Sale
Year Built
1926
Bedrooms
2
Full Bathrooms
2
Living Area
1,205 sq ft
Total Rooms
6
Stories
3
Levels
3

Sale Statistics

Sale Overview
Original List Price: $265,000
Final Sale Price: $209,000
Difference: $56,000 (-21.1%)
Performance Metrics
78.9%
List to Sale Ratio
Sold below asking price
101
Days on Market
Extended listing
Price per Square Foot Analysis
Original $/sq ft: $220
Sale $/sq ft: $173
This property sold for $173 per square foot
Sale Summary

This property sold for 21.1% below the original asking price.

At 101 days on market, this property took longer than average to sell.

Facts & Features

Home Facts

Type Residential Income
Style Multi Family
Year Built 1926
Living Area 1,205 sq ft
Lot Size 0.19 acres
Bedrooms 2
Full Baths 2
Total Rooms 6

Interior

Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement None
Laundry None
Features None

Exterior

Construction Frame
Architecture None
Roof Shingle
Features None
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Features Off Street
Total Spaces 4

Utilities

Electric None
Water Public
Sewer Private Sewer
Gas None
Other None

Financial

Annual Tax $5,331
Assessed Value $341,700

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:

Construction & Materials

Year Built: 1926
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Block
Stories: 3

Heating, Cooling & Utilities

Heating:
Heating Zones: 2
Cooling:
Hot Water: Natural Gas
Water Source: Public
Sewer: Private Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features: Wooded, Other
Road Surface:

Parking & Garage

Total Parking Spaces: 4
Parking Features: Off Street

Special Features

View: Yes
View Type: Scenic View(s)
Community Amenities: Shopping, Park, Laundromat, Conservation Area

Location

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Neighborhood

70 Burroughs Rd, North Reading MA 01864

North Reading, MA 01864

Walkability

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Nearby Schools

School District
North Reading School District local
A
School Safety 2024-25
0.0% Very Low (Safest)
0.4% In-School
5.5% below state avg
E

Elementary Schools

2 schools
A-
North Intermediate School
1.8 mi | #196 of 824 | Score: 55.2
Improved 4 spots from last year
-3 below state avg
246 students Less Diverse
Strong Attendance
Grades 04-05
B+
Woburn Street School
1.9 mi | #283 of 824 | Score: 51.3
Dropped 198 spots from last year
-6.9 below state avg
368 students Moderate
Strong Attendance
Grades 01-03
Learn about these ratings

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $444
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Market Insights

76.1%
Price Range
84
Total Days on Market

Property Timeline

Current Active Listing - MLS #73524341
Full transaction history available when tracking began
🏡
Currently Listed
May 26, 2026
$875,000
MLS #73524341 - Active
Sold
Jun 11, 2020
$209,000
Property sold
Days on Market: 84
🏠
Listed for Sale
Jan 21, 2020
$250,000
Original listing
Agent: Lynne Rudnicki Office: Home Seller's Edge

Price & Status History

Date Event Price Change
May 26, 2026 Sold $875,000
Jan 21, 2020 New Listing Added $250,000

Market Statistics

Days on Market
101 days
Price per Sq Ft
$173

Tax History

Year Taxes Assessment
2020 $5,331 $341,700

Financial Details

Annual Property Tax
$5,331
Tax Year 2020
Assessed Value
$341,700

Listing Information

Listing Agent Lynne Rudnicki
Listing Office Home Seller's Edge
Agent MLS ID G0002522
Office MLS ID NB4945
Listing Data Updated Jun 13, 2020 8:24 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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Market Analytics for North Reading, MA

Real-time market trends and pricing data for this area

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