Outstanding opportunity for those seeking an excellent investment. Not for the faint at heart, this 4 family (buyers are always encouraged to verify zoning) is in need of significant updating, or also offers the possibility of tearing it down, and starting anew. The real value here is in the land and the zoning. In a wonderful location, near downtown, major routes, and shopping, this is an ideal location for renters, or perhaps condo buyers, should this be converted, or if 4 new units are to be built. This area has seen many homes recently improved upon and/or converted to condos, and much new construction that has sold out quickly...identifying a demand here. For those who can take command of such a project, this is an excellent opportunity. Don't miss it!!
Sold
$1,050,000
48-48 Village St #54, Reading, MA 01867
9beds
3,658sqft
4 Family
Built in 1890
-- sqft lot
$-- Zestimate®
$287/sqft
$-- HOA
What's special
Zillow last checked: 7 hours ago
Listing updated: August 06, 2022 at 04:53am
Listed by:
Rick Nazzaro,
Colonial Manor Realty
Bought with:
Bobbie Botticelli
Colonial Manor Realty
Source: MLS PIN,MLS#: 72940687
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 4
- Full bathrooms: 4
Features
- Basement: Full,Walk-Out Access,Interior Entry,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 3,658
- Total interior livable area: 3,658 sqft
Property
Parking
- Total spaces: 4
- Parking features: Paved Drive, Off Street, Paved
- Has uncovered spaces: Yes
Lot
- Size: 8,276 sqft
- Features: Level
Details
- Zoning: Multi
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 4 Family
Materials
- Frame
- Foundation: Stone
- Roof: Shingle
Condition
- Year built: 1890
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Public Transportation, Shopping, Park, Highway Access, University
Location
- Region: Reading
HOA & financial
Other financial information
- Total actual rent: 6300
Other
Other facts
- Listing terms: Contract
Services availability

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