Steeped in history and overflowing with character, this extraordinary 1740 Saltbox offers a rare opportunity to restore one of North Reading's timeless treasures. Rich in original architectural details, the home showcases wide pine floors, grand period fireplaces, paneled walls, custom built-ins, and the craftsmanship that defines early New England homes. Featuring five bedrooms and zoned as a two-family residence, the flexible layout presents endless possibilities for restoration, multi-generational living, investment, or creating a truly one-of-a-kind estate. Set on a lush lot with mature gardens, sprawling green space, and classic stone walls, the property offers a picturesque setting just moments from downtown North Reading with convenient access to Route 62 and Route 128. Ample off-street parking for up to 10 vehicles completes this remarkable offering. Bring your vision and breathe new life into a piece of North Reading history.
This home has been viewed 4 times
Last Checked: September 16th, 2026 at 1:03am (Source: MLS PIN #73573245)
Gross Income: $0
Gross Expenses: $10,264
Net Income Calc: $10,264
Annual Expenses for 17 Elm St, North Reading MA 01864
Total Gross Expenses (Calculated)$10,264/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax10264
Annual Income & Unit Breakdown for 17 Elm St, North Reading MA 01864
Total Gross Income (Calculated)$0
Unit 1
Rental Income$0
LeaseN
Bedrooms0
Bathrooms
Floor0
Levels in Unit0
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms0
Bathrooms
Floor0
Levels in Unit0
Rent Includes
General Information for 17 Elm St, North Reading MA 01864
Listing ID73573245
Property TypeMulti Family
Price749900 ($197.29/SqFt)
StyleMulti Family
CityNorth Reading
CountyMiddlesex
Neighborhood(s)Ipswich
Approximate Living Area Total3801
Approximate Lot Size (Acres)0.97
Total Parking12
Garage Parking0
Year Built1740
Year Built SourcePublic Records
Year Built DetailsApproximate
WaterPublic
SewerPrivate Sewer
Electric220 Volts
Hot Water
Roof Material
BasementFull
Construction MaterialsFrame
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor Space
ZoningRA
Water Views
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 17 Elm St, North Reading MA 01864
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
Title 5D
ExclusionsPersonal Belongings.
Financial Data Source
Total Gross Expenses By Broker
Total Gross Income By Broker
Total Net Income By Broker
Short Sale / Forclosure (Bank Owned)
Compensation Based On
Financial Information for 17 Elm St, North Reading MA 01864
Real Estate Taxes10264
Tax Year2025
Assessed Value$785,900
Financial Data Source
Total Gross Expenses By Broker
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker
BostonRealEstate.com Gross Income
Total Net Income By Broker
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
Location Information for 17 Elm St, North Reading MA 01864
Elementary SchoolBatchelder
Middle SchoolNorth Reading
High SchoolNorth Reading
Neighborhood(s)Ipswich
Area AmenitiesWalk/jog Trails
Contact Information for 17 Elm St, North Reading MA 01864