41 Elm Street

North Reading, MA 01864

$595,000
Last Sold Price
7
Beds
5
Baths
1
1/2 Bath
4,538 Sq. Ft.
$131 / Sq. Ft.
4,538
Sq. Ft.
$131
per Sq. Ft.

Description

Multi-Family Investment.. If you're in the market for Something Special, then you owe yourself the chance to look at this Property in Wonderful Condition..one of the Nicer Prizes in the Town-We're talking 3 two bedroom units and 1 one bedroom unit, 3 rental garages, lots of parking on the property-In Addition to this 4 Family there is an expired 40B PERMIT TO BUILD AN ADDITIONAL 4 UNITS-this permit may possibly be extended by the buyers due diligence with the town of N. Reading.Multi-Family Investment.. If you're in the market for Something Special, then you owe yourself the chance to look at this Property in Wonderful Condition..one of the Nicer Prizes in the Town-We're talking 3 two bedroom units and 1 one bedroom unit, 3 rental garages, lots of parking on the property-In Addition to this 4 Family there is an expired 40B PERMIT TO BUILD AN ADDITIONAL 4 UNITS-this permit may possibly be extended by the buyers due diligence with the town of N. Reading.
  1. Listed by Anthony Salerno • Berkshire Hathaway HomeServices Verani Realty

Property Details for 41 Elm Street

Town
North Reading
Area
MA-North Reading
Garage Spaces
3
Parking Spaces
10.00
Parking Spaces Total
13

Location

Listing Courtesy of Berkshire Hathaway HomeServices Verani Realty, Anthony Salerno

Sold By RE/MAX Partners, Deborah J. Douglass

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LISTING UPDATED: 08/06/2022 05:32 AM

Property Details for 41 Elm Street

StatusSold
MLS #71354910
Days on Market28
Taxes$6,174 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 4 Family
Year Built1930
CountyMiddlesex County

Location

Listing Courtesy of Berkshire Hathaway HomeServices Verani Realty, Anthony Salerno

Sold By RE/MAX Partners, Deborah J. Douglass

Add your commute

Building Information for 41 Elm Street

Stories7Residences4Year Built1930Building Size-Lot Size1.10 AC / 47,916 SF

Payment Calculator

$3,762 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,247

Property Taxes

$515

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 41 Elm Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Current Financing: Conv. Fixed
  • Living Area: 4538.0
  • Total Units: 4
  • Waterfront: No
  • Year Built Details: Approximate
  • Year Built Source: Public Records
Features
Interior Features
  • Appliances: Gas Water Heater
  • Num of Baths: 6.0
  • Num of Full Baths: 5
  • Num of Half Baths: 1
  • Bathrooms Total Decimal: 5.50
  • Bathrooms Total Integer: 6
  • FireplaceYN: Yes
  • Fireplaces: 1
  • Flooring: Tile, Carpet, Hardwood
  • Interior Features: Unit 1 Rooms(Living Room, Kitchen), Unit 2 Rooms(Living Room, Unit 3 Rooms(Living Room
  • Window Features: Insulated Windows
Exterior Features
  • Construction: Frame
  • Exterior Features: Gazebo, Porch, Deck
  • Lot Description: Corner Lot, Level
  • Other Structures: Gazebo
  • Patio And Porch Features: Porch, Deck
  • Roof Material: Shingle
Parking Features
  • Covered Spaces: 3.00
  • Garage: Yes
  • Garage Parking: Off-Street
  • Parking Features: Off-Street
  • Parking Features: Off-Street
Utilities
  • Electric: Individually Metered
  • Heating: Unit 1(Forced Air, Gas)
  • Heating: Yes
  • Sewer: Private Sewerage
  • Water: Public
Property Information
Property Info
  • UFFI: Unknown
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Disclosures: 40B has expired must be approved by the town of North Reading and any other regulatory agency.
Tax Information
  • Tax ID: 721668
  • Assessments: $441,000
  • Book: 52447
  • Tax Year: 2011
  • Zoning: RA
Building / Association Information
Living Characteristics
  • Beds Total: 7
  • Total Living Levels: 7
Other Building Characteristics
  • Foundation: Stone
  • Heat Units: 4
  • Heat Zones: 4
Income / Expenses
  • GOI: $.00
  • NOI: $.00
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: N
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 2
  • Lease U2: Y
  • Levels U2: 2
Unit 3 Description
  • Floor U3: 2
  • Levels U3: 2
Unit 4 Description
  • Floor U4: 1
  • Lease U4: Y
  • Levels U4: 2
Rental Info
Rental Info
  • Total Actual Rent: $4,870.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2
  • Other Agent Compensation: 2

Property History for 41 Elm Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 41 Elm Street

Taxable ValueLand$295,500Additions$411,800Total$707,300
Tax Record2021$11,055 ($921 / month)
Home Facts
Baths5Total Finished SqFt6,032 SqFtAbove Grade Finished SqFt4,520 SqFtFinished Basement SqFt1,512 SqFtUnfinished Basement SqFt1,608 SqFtStories3Lot Size47,916 SqFtStyleMulti-Family Res (5+ Units)Year Built1930ZoningRACountyMIDDLESEXAPNNREA M:085.0 B:0000 L:0007.0Fireplace TypeHas Fireplace

Schools near 41 Elm Street

This home is within North Reading School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
L D Batchelder
PublicK to 5

North Reading Middle School
Public6 to 8

North Reading High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Berkshire Hathaway HomeServices Verani Realty, Anthony Salerno

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. The property listing data and information, and the images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein.