Multi-family Homes in North Reading, MA

Browse current real estate listings for multi family homes in North Reading, MA below. 

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70 Burroughs Road North Reading MA 01864

North Reading, MA70 Burroughs Road

Price$265,000

Est. Mortgage: $/month

Open House

MLS Number 72610270

  • Multi-Family 2 Family
  • Next Open House: Sat 25th 11:00 am - 12:00 pm
  • Year Built 1926
  • Bedrooms 2

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.

Listed by Lynne Rudnicki of Home Sellers Edge

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Federal 30-year interest rate: 3.6% last updated on Jan 23, 2020
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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