Overview Property Details Payment Calculator Walkability

Pending

29-31 Bancroft Ave, Reading MA 01867

$1,100,000

Estimated $2,549.14/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $550,000

Total Rent: 69600/year

Estimated CAP Rate: 5.49%

5 Bedrooms

3 Full Baths

2,850 SqFt

Total Parking: 6 (1 Garage)

10,999 SqFt

LOCATED IN THE HEART OF TOWN CENTER! BIG, BRIGHT & BEAUTIFUL multi-family RENOVATED home. Victorian charm meets modern splendor. Enjoy spacious two-unit apartments boasting lots of natural sunlight. High Ceilings, Tall Windows, Gleaming Hardwood Floors, Beautiful Molding...

This home has been viewed 6 times

Last Checked: July 4th, 2025 at 6:58am (Source: MLS PIN #73389000)

Gross Income: $69,600

Gross Expenses: $9,186

Net Income Calc: $60,414

CAP Rate: 5.49%

Annual Expenses for 29-31 Bancroft Ave, Reading MA 01867

Total Gross Expenses (Calculated)$9,186/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$9,186

Annual Income & Unit Breakdown for 29-31 Bancroft Ave, Reading MA 01867

Total Gross Income (Calculated)$69,600

Unit 1

Rental Income$2,400

LeaseN

Bedrooms2

Bathrooms2 Full

Floor1

Levels in Unit2

HeatingYes

Rent Includes

Unit 2

Rental Income$3,400

LeaseY

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit2

HeatingYes

Rent Includes

General Information for 29-31 Bancroft Ave, Reading MA 01867

Listing ID73389000

Property TypeMulti Family / 2 Family

Price$1,100,000 ($385.96/SqFt)

Style2 Family - 2 Units Up/down

CityReading

CountyMiddlesex

MLS Area

Neighborhood(s)

Approximate Living Area Total2,850 SqFt

Approximate Lot Size (Acres)0.25 acres

Total Parking6 (1 Garage)

Garage Parking1 / Detached

Year Built1880

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual,Renovated Since

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot Features

Foundation Area

Foundation DescriptionStone

Accessible Features

Outdoor SpaceDeck, Porch, Screened

ZoningS15

Zoning Details

Water ViewsNo

Water Views Features

WaterfrontNo

Waterfront Features

Energy FeaturesInsulated Windows, Storm Window(s)

Terms

Disclosures for 29-31 Bancroft Ave, Reading MA 01867

Lead Paint

UFFI

Living Area Includes BasementYes

Living Area DisclosureInc finished area of lower level. NOT INCLUDED IN

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data Source

Total Gross Expenses By Broker$0

Total Gross Income By Broker$70,800

Total Net Income By Broker$70,800

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation

Facilitator Compensation

Sub-Agent Compensation

Compensation Based OnCompensation Offered But Not In Mls

Financial Information for 29-31 Bancroft Ave, Reading MA 01867

Real Estate Taxes$9,186

Tax Year2025

Assessed Value$806,500

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$70,800

BostonRealEstate.com Gross Income

Total Net Income By Broker$70,800

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)5.49%

Location Information for 29-31 Bancroft Ave, Reading MA 01867

Elementary School

Middle SchoolCoolidge

High SchoolRhs/Austin Prep

Neighborhood(s)

MLS Area

Area AmenitiesWalk/jog Trails, Highway Access, House Of Worship, Shopping, Park, Public Transportation, Pool, Tennis Court(s), Private School

Contact Information for 29-31 Bancroft Ave, Reading MA 01867

Agent

Name: Paul Vittozzi

MLS ID: CN228704

Office ID: AN2670

Address: 29 Bancroft Avenue

City: Reading

State: MA

Zip: 01867

Office

Name: True North Realty

MLS Office ID: AN2670

Phone: 781-872-1487

Team Members

Name: Marina Tramontozzi

MLS ID: CN215527

Office ID: AN2670

Phone: 617-291-8220

City: North Reading

State: MA

Payment Calculator

$7,543.35 per month

30 Years Fixed, 6.75% Interest

Property Taxes $765.50

Principal & Interest $6,777.85

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

True North Realty

Paul Vittozzi

Agent Phone

Office Phone

(781) 872-1487

Text Agent Call Agent Call Office

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                    [index] => 18
                    [enabled] => 1
                    [created] => 2025-07-04 06:58:41
                    [modified] => 2025-07-04 06:58:41
                )

[18] => Array
                (
                    [id] => 123502952
                    [name] => MLS19.jpg
                    [type] => gallery
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                    [url] => https://media.mlspin.com/photo.aspx?mls=73389000&w=1024&h=768&n=19
                    [index] => 19
                    [enabled] => 1
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                    [modified] => 2025-07-04 06:58:41
                )

[19] => Array
                (
                    [id] => 123502953
                    [name] => MLS20.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73389000&w=1024&h=768&n=20
                    [index] => 20
                    [enabled] => 1
                    [created] => 2025-07-04 06:58:41
                    [modified] => 2025-07-04 06:58:41
                )

[20] => Array
                (
                    [id] => 123502954
                    [name] => MLS21.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73389000&w=1024&h=768&n=21
                    [index] => 21
                    [enabled] => 1
                    [created] => 2025-07-04 06:58:41
                    [modified] => 2025-07-04 06:58:41
                )

[21] => Array
                (
                    [id] => 123502955
                    [name] => MLS22.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73389000&w=1024&h=768&n=22
                    [index] => 22
                    [enabled] => 1
                    [created] => 2025-07-04 06:58:41
                    [modified] => 2025-07-04 06:58:41
                )

[22] => Array
                (
                    [id] => 123502956
                    [name] => MLS23.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73389000&w=1024&h=768&n=23
                    [index] => 23
                    [enabled] => 1
                    [created] => 2025-07-04 06:58:41
                    [modified] => 2025-07-04 06:58:41
                )

[23] => Array
                (
                    [id] => 123502957
                    [name] => MLS24.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73389000&w=1024&h=768&n=24
                    [index] => 24
                    [enabled] => 1
                    [created] => 2025-07-04 06:58:41
                    [modified] => 2025-07-04 06:58:41
                )

[24] => Array
                (
                    [id] => 123502958
                    [name] => MLS25.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73389000&w=1024&h=768&n=25
                    [index] => 25
                    [enabled] => 1
                    [created] => 2025-07-04 06:58:41
                    [modified] => 2025-07-04 06:58:41
                )

[25] => Array
                (
                    [id] => 123502959
                    [name] => MLS26.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73389000&w=1024&h=768&n=26
                    [index] => 26
                    [enabled] => 1
                    [created] => 2025-07-04 06:58:41
                    [modified] => 2025-07-04 06:58:41
                )

[26] => Array
                (
                    [id] => 123502960
                    [name] => MLS27.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73389000&w=1024&h=768&n=27
                    [index] => 27
                    [enabled] => 1
                    [created] => 2025-07-04 06:58:41
                    [modified] => 2025-07-04 06:58:41
                )

[27] => Array
                (
                    [id] => 123502961
                    [name] => MLS28.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73389000&w=1024&h=768&n=28
                    [index] => 28
                    [enabled] => 1
                    [created] => 2025-07-04 06:58:41
                    [modified] => 2025-07-04 06:58:41
                )

[28] => Array
                (
                    [id] => 123502962
                    [name] => MLS29.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73389000&w=1024&h=768&n=29
                    [index] => 29
                    [enabled] => 1
                    [created] => 2025-07-04 06:58:41
                    [modified] => 2025-07-04 06:58:41
                )

[29] => Array
                (
                    [id] => 123502963
                    [name] => MLS30.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73389000&w=1024&h=768&n=30
                    [index] => 30
                    [enabled] => 1
                    [created] => 2025-07-04 06:58:41
                    [modified] => 2025-07-04 06:58:41
                )

[30] => Array
                (
                    [id] => 123502964
                    [name] => MLS31.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73389000&w=1024&h=768&n=31
                    [index] => 31
                    [enabled] => 1
                    [created] => 2025-07-04 06:58:41
                    [modified] => 2025-07-04 06:58:41
                )

[31] => Array
                (
                    [id] => 123502965
                    [name] => MLS32.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73389000&w=1024&h=768&n=32
                    [index] => 32
                    [enabled] => 1
                    [created] => 2025-07-04 06:58:41
                    [modified] => 2025-07-04 06:58:41
                )

[32] => Array
                (
                    [id] => 123502966
                    [name] => MLS33.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73389000&w=1024&h=768&n=33
                    [index] => 33
                    [enabled] => 1
                    [created] => 2025-07-04 06:58:41
                    [modified] => 2025-07-04 06:58:41
                )

[33] => Array
                (
                    [id] => 123502967
                    [name] => MLS34.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73389000&w=1024&h=768&n=34
                    [index] => 34
                    [enabled] => 1
                    [created] => 2025-07-04 06:58:41
                    [modified] => 2025-07-04 06:58:41
                )

)

)

EXIT