An opportunity to own a spacious Philadelphia style 2 family home, located in the desirable west side of Reading. Excellent commuter location to the train, bus, I -93 and I-128 with easy access to the schools, library and the vibrant town center. Unit 1 features a living room, dining room, first floor study, kitchen, 2 bedrooms and 1.5 baths. Unit 2 offers a living room, dining room with a china cabinet, study, sunroom, 3 bedrooms plus 2 baths. Additional details include ample closets, hardwood floors, large unfinished basement, attic, a nice level back yard, deck, maintenance free vinyl siding and plenty of off street parking. Whether it is multi-generational living, owner-occupancy with supplemental rental income or a long-term investment, this solid home offers that flexibility.
This home has been viewed 6 times
Last Checked: September 24th, 2026 at 4:58am (Source: MLS PIN #73577214)
Gross Income: $0
Gross Expenses: $14,023
Net Income Calc: $14,023
Water Views
Annual Expenses for 118-120 Prescott Street, Reading MA 01867
Total Gross Expenses (Calculated)$14,023/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax14023
Annual Income & Unit Breakdown for 118-120 Prescott Street, Reading MA 01867
Total Gross Income (Calculated)$0
Unit 1
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full, 1 Half
Floor1
Levels in Unit2
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms3
Bathrooms2 Full
Floor2
Levels in Unit2
Rent Includes
General Information for 118-120 Prescott Street, Reading MA 01867
Listing ID73577214
Property TypeMulti Family / 2 Family
Price1099000 ($310.98/SqFt)
Style2 Family - 2 Units Up/down
CityReading
CountyMiddlesex
Neighborhood(s)
Approximate Living Area Total3534
Approximate Lot Size (Acres)0.22
Total Parking5
Garage Parking0
Year Built1916
Year Built SourcePublic Records
Year Built DetailsApproximate
WaterPublic
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction MaterialsFrame
Lot Features
Foundation Description
Accessible Features
Outdoor SpaceCovered
ZoningRES
Water ViewsNo
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 118-120 Prescott Street, Reading MA 01867
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsWasher/Dryer And Sellers Personal Items.
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 118-120 Prescott Street, Reading MA 01867
Real Estate Taxes14023
Tax Year2026
Assessed Value$1,279,500
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 118-120 Prescott Street, Reading MA 01867
Elementary SchoolSchool Dept
Middle SchoolParker
High SchoolRmhs
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 118-120 Prescott Street, Reading MA 01867
Agent
Name: Sumi Sinnatamby
Office
Name: Berkshire Hathaway HomeServices Commonwealth Real Estate