This property sold for 21.1% below the original asking price.
At 101 days on market, this property took longer than average to sell.
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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| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 06/11/2020 | ✓ Sold | $209,000 | - | - | Property sold |
| 01/21/2020 | 🏠 Listed for Sale | $250,000 | - | - | Original listing |
| Year | Taxes | Assessment |
|---|---|---|
| 2020 | $5,331 | $341,700 |
70 Burroughs Rd, North Reading MA 01864
North Reading, MA 01864
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