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Closed

295 Haven, Reading MA 01867

$575,000

Estimated $1,557.61/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $287,500

Total Rent: 0/year

Estimated CAP Rate: -1.30%

2 Bedrooms

2 Full, 1 Half Baths

1,700 SqFt

Total Parking: 2

4,356 SqFt

Investors, contractors and savvy homeowners looking to put in some sweat equity, welcome to this incredible opportunity to own a property in the heart of downtown Reading. This home has been under the same ownership for 30+ years and is waiting for someone to uncover its true potential. Situated on a lot zoned for both single-family and multi-family use (A40), this legal 2-family property was previously used as a single family and offers endless possibilities for those looking to create a space to call their own. With its prime location in the downtown area, it's just steps away from shops, restaurants, and the commuter rail. The interior features spacious rooms with high ceilings, large windows and a beautiful front entrance with a charming staircase leading up to the 2nd floor. Don't miss this rare opportunity to own a property and unleash its full potential in Downtown Reading. Home is not considered historic per Town of Reading.

This home has been viewed 45 times

Last Checked: May 7th, 2024 at 8:45am (Source: MLS PIN #73091789)

Gross Income: $0

Gross Expenses: $7,503

Net Income Calc: $7,503

CAP Rate: -1.30%

Annual Expenses for 295 Haven, Reading MA 01867

Total Gross Expenses (Calculated)$7,503/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$7,503

Annual Income & Unit Breakdown for 295 Haven, Reading MA 01867

Total Gross Income (Calculated)$0

Unit 1

Rental Income$0

LeaseN

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingYes

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms1

Bathrooms1 Full, 1 Half

Floor2

Levels in Unit2

HeatingYes

Rent Includes

General Information for 295 Haven, Reading MA 01867

Listing ID73091789

Property TypeMulti Family / 2 Family

Price$575,000 ($338.24/SqFt)

Style2 Family - 2 Units Up/down

CityReading

CountyMiddlesex

MLS Area

Neighborhood(s)

Approximate Living Area Total1,700 SqFt

Approximate Lot Size (Acres)0.1 acres

Total Parking2

Garage Parking

Year Built1920

Year Built SourcePublic Records

Year Renovated

Year Built DetailsApproximate

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot Features

Foundation Area

Foundation DescriptionStone

Accessible Features

Outdoor Space

ZoningA40

Zoning Details

Water ViewsNo

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 295 Haven, Reading MA 01867

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area DisclosureLiving area is approx.

Building Area SourceMeasured

Title 5

Exclusions

Disclosures

Financial Data Source

Total Gross Expenses By Broker$0

Total Gross Income By Broker$0

Total Net Income By Broker$0

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2

Facilitator Compensation1

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Financial Information for 295 Haven, Reading MA 01867

Real Estate Taxes$7,503

Tax Year2022

Assessed Value$562,900

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$0

BostonRealEstate.com Gross Income

Total Net Income By Broker$0

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)-1.30%

Location Information for 295 Haven, Reading MA 01867

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area AmenitiesHighway Access, Public School, Shopping, Laundromat, Public Transportation, T-station

Contact Information for 295 Haven, Reading MA 01867

Agent

Name: Kelsey Fontes

Office

Name: Joe Bean Real Estate

Phone: 781-771-1079

Payment Calculator

, Interest

Property Taxes 625.25

Principal & Interest 3542.97

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Joe Bean Real Estate

Kelsey Fontes

Agent Phone

Office Phone

(781) 771-1079

Text Agent Call Agent Call Office

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[pasture_area] => None
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[perc_test] => Array
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[perc_test_date] => Unknown
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    [year_built_details] => Approximate
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EXIT