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38-40 Pleasant St

Reading, MA 01867
  • $1,399,900
  • STATUS: Under Agreement
  • MLS #: 73175620
Pending
UPDATED: 31 min ago
$1,399,900
  • 6
    BEDS
  • 0.07
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 3,240
    SQFT
  • $432
    $/SQFT
Type:
Multi-Family
Built:
1900
County:

School Ratings & Info

Listing courtesy of Jennifer Hardin of True North Realty.

Description

INVESTORS! Dont 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.

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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information 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. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2023-11-30T15:05:48.597.
www.teamrosoremax.com/homes/144889510
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38-40 Pleasant St Reading, MA 01867

  • Price: $1,399,900
  • Status: Under Agreement
  • On Site: Days
  • Updated: 31 min ago
  • MLS #: 73175620
6
Beds
4
Baths
0
½ Baths
0.07
Acres
3,240
SQFT
$432
$/SQFT
1900
Built
County:
Middlesex
Property Description
INVESTORS! Dont 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.
Exterior Features

Color White Construction Materials Frame Covered Spaces 0 Exterior Features PorchGutters Garage YN No Lot Features Level Open Parking YN Yes Parking Features Off Street Parking Total 2 Patio And Porch Features Porch Road Frontage Type Public Road Surface Type Paved Roof Shingle Spa YN No Waterfront YN No

Interior Features

Appliances Utility Connections for Gas RangeUtility Connections for Electric Dryer Basement FullUnfinished Building Area Total 3240 Cooling Unit 1(None)Unit 2(None)Unit 3(None)Unit 4(None) Cooling YN No Fireplace YN No Fireplaces Total 0 Flooring Unit 1(undefined)Unit 2(Wood FlooringStone/Ceramic Tile Floor)Unit 3(Wall to Wall CarpetStone/Ceramic Tile Floor)Unit 4(Wood FlooringStone/Ceramic Tile Floor) Foundation Details Stone Heating Unit 1(Central HeatHot Water BaseboardGasUnit Control)Unit 2(Central HeatHot Water BaseboardGasUnit Control)Unit 3(Central HeatHot Water BaseboardGasUnit Control)Unit 4(Central HeatHot Water RadiatorsGasUnit Control) Heating YN Yes Interior Features Unit 1(Walk-In ClosetBathroom With Tub & Shower)Unit 2(Walk-In ClosetBathroom With Tub & Shower)Unit 3(Walk-In ClosetBathroom With Tub & Shower)Unit 4(Bathroom With Tub & Shower)Unit 1 Rooms(Living RoomKitchen)Unit 2 Rooms(Living RoomKitchenOffice/DenOther (See Remarks))Unit 3 Rooms(Living RoomKitchen)Unit 4 Rooms(Living RoomKitchenOffice/DenOther (See Remarks)) Laundry Features Washer HookupUnit 1(Washer & Dryer Hookup) Lead Paint Certified TreatedUnknown Rooms Total 18

Property Features

Buyer Agency Compensation 2 Community Features Public TransportationShoppingTennis Court(s)ParkWalk/Jog TrailsGolfMedical FacilityLaundromatHighway AccessHouse of WorshipPrivate SchoolPublic SchoolT-Station Contingency Financing Disclosures Seller is a licensed Real Estate agent. Electric Circuit Breakers Exclusions Tenants' Personal Property. Gross Income 94200 Home Warranty YN No Insurance Expense 4165 Net Operating Income 88292 Operating Expense 6508 Property Sub Type 4 Family Rent Includes Unit 1(Water)Unit 2(Water)Unit 3(Water)Unit 4(Water) Senior Community YN No Sewer Public Sewer Tax Annual Amount 12396 Tax Year 2023 Total Actual Rent 7850 Transaction Broker Compensation 1 Utilities for Gas Rangefor Electric DryerWasher Hookup Water Sewer Expense 1743 Water Source Public Year Built Details Approximate Zoning BUSB

Listing information © 2023 MLS Property Information Network. All information is deemed reliable but should be independently verified.
Listing provided courtesy of Jennifer Hardin of True North Realty: 781-872-1487.


The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information 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. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2023-11-30T15:05:48.597.
 
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Re/Max Vantage
77 State Road
Dartmouth MA, 02747
Listing courtesy of Jennifer Hardin of True North Realty.