Taken off active listings until town is successful in satisfying 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 r...
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Last Checked: May 10th, 2024 at 12:26am (Source: MLS PIN #73205299)
Gross Income: $72,000
Gross Expenses: $11,903
Net Income Calc: $60,097
CAP Rate: 4.62%
Annual Expenses for 18 Avon St, Reading MA 01867
Total Gross Expenses (Calculated)$11,903/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$11,903
Annual Income & Unit Breakdown for 18 Avon St, Reading MA 01867
Total Gross Income (Calculated)$72,000
Unit 1
Rental Income$0
LeaseN
Bedrooms2
Bathrooms2 Full
Floor1
Levels in Unit2
HeatingYes
Rent IncludesUnit 3(water), Unit 1(heat, Gas)
Unit 2
Rental Income$2,800
LeaseN
Bedrooms3
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingYes
Rent IncludesUnit 3(water), Unit 1(heat, Gas)
General Information for 18 Avon St, Reading MA 01867
Listing ID73205299
Property TypeMulti Family / 3 Family
Price$1,300,000 ($280.41/SqFt)
Style3 Family
CityReading
CountyMiddlesex
MLS Area
Neighborhood(s)
Approximate Living Area Total4,636 SqFt
Approximate Lot Size (Acres)0.74 acres
Total Parking11 (3 Garage)
Garage Parking3 / Detached
Year Built1880
Year Built SourcePublic Records
Year Renovated
Year Built DetailsUnknown/Mixed
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsFrame
Lot Features
Foundation Area
Foundation DescriptionConcrete Perimeter,Stone
Accessible Features
Outdoor Space
ZoningS15
Zoning Details
Water Views
Water Views Features
WaterfrontNo
Waterfront Features
Energy FeaturesThermostat
Terms
Disclosures for 18 Avon St, Reading MA 01867
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area DisclosureOversized multi with 7 BR plus a den plus 4 baths
Building Area SourcePublic Records
Title 5
Exclusions
Disclosures
Financial Data Source
Total Gross Expenses By Broker$0
Total Gross Income By Broker$72,000
Total Net Income By Broker$72,000
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation2
Facilitator Compensation2
Sub-Agent Compensation
Compensation Based OnGross/full Sale Price
Financial Information for 18 Avon St, Reading MA 01867
Real Estate Taxes$11,903
Tax Year2024
Assessed Value$1,015,600
Financial Data Source
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$72,000
BostonRealEstate.com Gross Income
Total Net Income By Broker$72,000
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)4.62%
Location Information for 18 Avon St, Reading MA 01867
Elementary SchoolParker
Middle SchoolKillam
High SchoolRmhs
Neighborhood(s)
MLS Area
Area AmenitiesShopping, Public Transportation, Other
Contact Information for 18 Avon St, Reading MA 01867