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You are here:
$1,300,000
2 Unit
7 Beds
4 Baths
4636 SQFT
0.74 Acre
18 Avon St
Reading, MA 01867

Property Description

EXcEPTIONAL VALUE! 7 bedrm, 4 bath multi-family nestled on prime 3/4 acre lot, handy to Trains in Reading Sq, handy to Rts 128/95 and 93 along with commuter trains and mbta transit system offering ideal set up for rental income, PLUS large, extended and blended family. Currently a Legal 2 family plus in-law; PLUS The town is currently working to satisfy the State's requirement to create a new zoning district ( SEE ATTACHED LAWYER LETTER] to increase the number of residential units within 1/2 mile radius of the train station, which should make 3rd unit legal rentable unit. dUE TO PROJECTED ZONING CHANGES, apod INFO IS UNAVAILABLE, BUYER IS SUGGESTED TO CONSULT HIS/HER OWN CONSULTANT FOR ACCURATE INFO.... Parker Elementary & Killam Jr. H schools are based on communications with school department at time of listing. If it is of specific concern to buyers, it is suggsted that you pesonally confirm

Property Overview

Property Details click or tap to expand

Building Information

  • Total Units: 2
  • Total Floors: 5
  • Total Bedrooms: 7
  • Total Full Baths: 4
  • Total Fireplaces: 1
  • Amenities: Other (See Remarks), Public Transportation, Shopping
  • Basement Features: Full
  • Common Rooms: Dining Room, Family Room, Kitchen, Living RM/Dining RM Combo, Living Room, Loft, Office/Den
  • Common Interior Features: Ceiling Fans, Pantry, Programmable Thermostat, Stone/Granite/Solid Counters
  • Common Appliances: Dishwasher, Disposal, Dryer, Range, Refrigerator, Washer, Washer Hookup
  • Common Heating: Central Heat, Ductless Mini-Split System, Electric, Extra Flue, Gas, Gas, Heat Pump, Hot Air Gravity, Hot Water Baseboard

Financial

  • APOD Available: No
  • Gross Operating Income: 72000
  • Net Operating Income: 72000

Utilities

  • Heat Zones: 3
  • Cooling Zones: 3
  • Energy Features: Prog. Thermostat
  • Utility Connections: Washer Hookup
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: Gas, Heat
  • Under Lease: No
  • Floors: 1
  • Levels: 2

Unit 2 Description

  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 3 Description

  • Included in Rent: Water
  • Under Lease: No
  • Levels: 2

Construction

  • Year Built: 1880
  • Type: 3 Family
  • Construction Type: Aluminum, Frame
  • Foundation Info: Fieldstone, Poured Concrete
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Wood
  • Lead Paint: Unknown
  • Year Round: Yes
  • Warranty: No

Other Information

  • MLS ID# 73205299
  • Last Updated: 04/13/24

Property History click or tap to expand

Date Event Price Price/Sq Ft Source
02/29/2024Active$1,300,000$280MLSPIN
02/25/2024New$1,300,000$280MLSPIN
01/01/2024Expired$1,250,000$270MLSPIN
11/11/2023Temporarily Withdrawn$1,250,000$270MLSPIN
10/07/2023Active$1,250,000$270MLSPIN
10/03/2023Extended$1,250,000$270MLSPIN
08/22/2023Active$1,250,000$270MLSPIN
08/18/2023Price Change$1,250,000$270MLSPIN
05/09/2023Active$1,350,000$291MLSPIN
05/05/2023New$1,350,000$291MLSPIN

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Seller's Representative: David O Neil, Century 21 North East
Sub Agent Compensation: n/a
Buyer Agent Compensation: 2
Facilitator Compensation: 2
Compensation Based On: Gross/Full Sale Price
Sub-Agency Relationship Offered: No

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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.

MLS PIN data last updated at 2024-04-13 17:52:00