LOCATION,LOCATION. Rare 2 family in the heart of downtown Reading! Versatile floor plan can be more bedrooms in Unit 1 - CURB APPEAL ABOUNDS and situated on a beautiful tree lined street within walking distance to Library, restaurants and train stop. This charming home is the perfect setup for the EXTENDED family or help you pay the mortgage by renting the other unit. All rooms are spacious and the ceilings are high! The first floor consists of an eat in kitchen, sun filled living room, two bedrooms, a full bath and a 3 season porch. The second floor level consists of an oversized kitchen w dining area, large living room, 4 bedrooms and an office. Tons of attic storage including a cedar closet. The outside boasts a beautiful front porch, large fenced in backyard and plenty of parking. Easy care vinyl siding, solar panels owned by the seller making your utilities cost almost little to nothing. Currently being occupied as a single family. Utilities and heat for separate units.
Sale Statistics
Sale Overview
Original List Price:$999,900
Final Sale Price:$965,000
Difference:
$34,900 (-3.5%)
Performance Metrics
96.5%
List to Sale Ratio
Sold below asking price
52
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft:$357
Sale $/sq ft:$345
This property sold for $345 per square foot
Sale Summary
This property sold for 3.5% below the original asking price.
The property spent 52 days on market before selling.
Facts & Features
Property Overview
Property Type
Multi Family
Property Category
Residential Income
Year Built
1920
Bedrooms
6
Full Bathrooms
2
Living Area
2,800 sq ft
Total Rooms
13
Stories
3
Levels
3
Interior Features
Flooring
Wood, Carpet, Stone / Slate, Tile, Hardwood
Heating
Hot Water, Oil, Individual, Unit Control, Active Solar, Ductless, Baseboard
Has Heating
Yes
Cooling
Central Air, Individual, Active Solar, Ductless, Unit Control
Has Cooling
Yes
Has Fireplace
No
Appliances
Range, Dishwasher, Microwave, Refrigerator
Interior Features
Laundry Room, Ceiling Fan(s), Bathroom With Tub & Shower, Country Kitchen, Floored Attic, Walk-Up Attic, Storage, Cedar Closet(s), Crown Molding, Upgraded Cabinets, Living Room, Kitchen, Sunroom, Dining Room, Office/Den
Laundry Features
Gas Dryer Hookup, Electric Dryer Hookup
Basement Details
Full, Bulkhead, Concrete, Unfinished
Window Features
Insulated Windows
Exterior & Structure
Construction Materials
Frame
Roof
Shingle
Foundation
Stone, Brick/Mortar
Foundation Area
1,100 sq ft
Patio/Porch Features
Porch, Enclosed
Fencing
Fenced/Enclosed, Fenced
Has Spa
No
Waterfront Property
No
Lot & Land
Lot Size
0.21 acres
Lot Size
9,100 sq ft
Lot Size Area
0.2100
Lot Features
Level
Road Frontage Type
Public
Parking & Garage
Has Garage
No
Total Non-Garage Parking Spaces
6
Parking Features
Paved Drive, Off Street
Utilities & Systems
Utilities Available
for Gas Dryer, for Electric Dryer
Water Source
Public
Sewer
Public Sewer
Electric
Circuit Breakers, Individually Metered
Community & HOA
Community Features
Public Transportation, Shopping, Park, Medical Facility, Highway Access, House of Worship, Private School, Public School
Senior Community
No
Financial & Tax Information
Annual Tax Amount
$9,630
Tax Year
2023
Tax Assessed Value
$764,900
Parcel Number
M:021.000000170.0
Zoning
S15
Additional Details
Year Built Source
Public Records
Year Built Details
Approximate
Disclosures
There is minimal KNOB & TUBE wiring.
Listing Terms
Contract
Location
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Neighborhood
40-42 Bancroft Avenue, Reading MA 01867
Reading, MA 01867
Walkability
Loading Walk Score...
Schools
School information not available
Monthly Payment Calculator
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Estimated Monthly Payment$0
Payment Breakdown
Principal & Interest$0
Property Tax$803
Homeowners Insurance$200
PMI$0
Property History
Market Insights
3.5%
Price Range
24
Total Days on Market
Property Timeline
✓
Sold
Sep 21, 2023
$965,000
Property sold
Days on Market: 24
🏠
Listed for Sale
Jul 13, 2023
$999,900
Original listing
Agent: Louise Touchette TeamOffice: Coldwell Banker Realty - Lynnfield
