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SOLD 11/20/2015

126 High Street, Reading, MA 01867$668,000

6
beds
4
baths
4175
ft2
· 15558
ft2 lot
$160 / ft2

Listing provided courtesy of Listing Broker: Chris Mazzarella, Legal Edge Real Estate, Inc
Source MLS PIN;
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**GREAT INVESTMENT PROPERTY* Large Multi-Family with many options for owner occupant or investor. Unit #128 is vacant with 2+ bedrooms, Updated Kitchen, Tile and Hardwood flooring, New Cabinets, Granite, Updated-Tiled-Bath. Unit #126 is a spacious 8 RM, 3 BR, 2 BA unit with potential to be 5 bedrooms (3rd floor 2-rooms are finished, unheated but with closets), spacious living room w/fireplace, Great Kitchen with lots of cabinets and Peninsula w/seating. Basement unit #128R could use a little updating to flooring, paint. 3 separate (hot water heaters, furnaces, electrical panels, gas meters, washer/dryer hookups in basement). Nice fenced yard area with 2 sheds (used as tenant storage), and ample off street parking. Commuter rail is just behind property. Walk to town/shops/trans. A smart buyer, along with some improvements, will have a real Money Maker of a property in one of the hottest towns around, known for well rated public schools! **RARE OPPORTUNITY-DON'T HESITATE**

HOA

$—/month

On market

a month

Year built

1920

Property type

3 Family

Parking

8

MLS

71915363

Price / Sq.Ft.

$160 / ft2

Status

Sold

Home details for 126 High Street

Interior Features & Layout
Rooms Info
•   
Additional Rooms: Living Room, Dining Room, Kitchen, Office/Den, Other (See Remarks), Living Room, Dining Room, Family Room, Office/Den, Living Room, Kitchen, Office/Den, Other (See Remarks)
•   
Common Rooms: Laundry
•   
Total Levels: 3, 2, 7
•   
Total Levels Unit 1: 1, 3
•   
Total Levels Unit 2: 1, 3
•   
Total Levels Unit 3: 1
•   
Total Rooms Unit 1: 8
•   
Total Rooms Unit 2: 6
•   
Total Rooms Unit 3: 5
•   
Total Rooms: 19, 19, 19
Interior Features
•   
Electric Details: Circuit Breakers, Individually Metered
•   
Utility Description: Water, Water
•   
Interior Features: Ceiling Fans, Cable TV Available, Fireplace - Wood burning, Hardwood Floors, Wood Flooring, Ceiling Fans, Cable TV Available, Tile Floor, Hardwood Floors, Upgraded Cabinets, Upgraded Countertops, Wood Flooring
Heating & Cooling
•   
Heating Units: 3
•   
Heating Description Unit 1: Forced Air, Oil
•   
Cooling Units: 1
•   
Cooling Descr 1: Wall AC
•   
Heating Description Unit2: Forced Air, Oil, Electric
•   
Heating Description Unit3: Hot Water Baseboard, Gas
Fireplace Info
•   
Fireplace 1: 1
•   
Total Fireplaces: 1, 1
Appliances
•   
Hot Water: Natural Gas
•   
Unit 3 Appliances: Range, Refrigerator
•   
Unit 2 Appliances: Vent Hood
•   
Unit 1 Appliances: Range, Refrigerator, Vent Hood
Bedrooms Info
•   
Total Beds: 6
•   
Unit 3 Beds: 1
•   
Unit 2 Beds: 2
•   
Unit 1 Beds: 3
Bathrooms Info
•   
Full Baths: 4, 4
•   
Unit 3 Full Baths: 1
•   
Unit 2 Full Baths: 1
•   
Unit 1 Full Baths: 2
Flooring
•   
Flooring: Tile, Vinyl, Varies Per Unit, Laminate, Hardwood
Property, Lot, Community & Exterior Features
Community Info
•   
Total Units In Complex: 3
Exterior Features
•   
Color: Slate blue
•   
Building Exterior Details: Clapboard, Shingles, Asbestos, Porch, Deck, Storage Shed
Property Type
•   
Property Type: 3 Family
•   
Mls Prop Type: 3 Family
•   
Mls Property Type: Multi-family
Community Features
•   
Area Amenities: Public Transportation, Shopping, Public School, T-Station
Lot Info
•   
Zoning: S15
•   
Lot Description: Paved Drive
•   
Acres: 0.36
Building Info
•   
Sqft Source: Public Record
•   
Square Ft. Disclosure: Sq.ft. in living area does not include 900 sq/ft (unit 128R)
•   
Foundation: Fieldstone, Brick
•   
Roof: Asphalt/Fiberglass Shingles
•   
Year Built Description: Actual
•   
Lead Paint: Unknown
•   
Year Built Source: Public Record
Basement Info
•   
Basement
•   
Basement Details: Full, Partially Finished, Walk Out, Interior Access, Concrete Floor
Parking Info
•   
Parking Descriptions: Off-Street, Tandem, Paved Driveway
Utilities & Other Information
Water & Sewer Info
•   
Water Source: City/Town Water
•   
Sewer: City/Town Sewer
Utilities
•   
Utilities: for Gas Range, for Gas Dryer, for Electric Dryer, Washer Hookup, Varies per Unit
Listing Details, Costs & Financing Information
Listing Info
•   
Offline Listing Number: 2165656
•   
Status: Sold
Financial Info
•   
Fin Code: Cash
Lease Info
•   
Gross Income: 34800
•   
Net Operating Income: 34800
•   
Monthly Rent Unit 1: 1950
•   
Monthly Rent Unit 3: 1350
Terms
•   
Exclusions: Tenants' personal property
•   
Terms Feature: Contract for Deed
Listing Details
•   
Disclosures: Unknown if fireplace works. No stove in vacant Unit 128. Property sold in "as is" condition. Assessed, taxed as 3 family. Basement unit (128R) permitted 2nd egress recent, in compliance per building inspector. Buyer is responsible for all due diligence with town.
Tax/Assessment Info
•   
Tax Year: 2015
•   
Assessed Value: 487500.00
•   
Taxes: 7169.19
Listing Contacts
•   
Selling Agent: CN207566
School Neighborhood & Directions
Location
•   
Street Number: 126-128
•   
Map Book: 64028
•   
Map Page: 345
•   
Directions: Woburn Street to High Street
•   
Map: 62
School Info
•   
Elementary School: Barrows
•   
High School: R. Memorial
•   
Middle School: Arthur Coolidge
Other
Other
•   
Main So: BB6400
Calculation
•   
Price Per Sqft: 160.00
•   
List Price Per Sqft: 164.79
•   
Sold Price Per Sqft: 160.00
•   
Cdom Property: 36
•   
Cdom Broker: 36
•   
Cdom: 36

Neighborhood snapshot

43
Properties for sale
16
Median days on market
$383.90
Median sold price/sqft
105.10%
Sold/List %
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Property History for 126 High Street

11/23/2015
11/23/2015
MLS PIN #71915363
sold
MLS PIN #71915363
$668,000
11/20/2015
11/20/2015
Public Record
sold
Public Record
$668,000
+15.17%
09/02/2005
09/02/2005
Public Record
sold
Public Record
$580,000

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