$900,000
SOLD SEP 21, 2021 RENTED MAR 21, 2025

21 Prescott St Reading, MA 01867

9 Beds
3 Baths
4,121 Sq Ft
6,098 Sq Ft Lot

Recently Sold

$218 Per Sq Ft

2% Above List Price

4 Days on Market

Highlights

  • Property is near public transit
  • 3-minute walk to Reading
  • Storm Windows
  • Alice M. Barrows Elementary School Rated A-
  • Corner Lot
  • 2-minute walk to Washington Park

About This Home

As of September 2021

Well located 3-family consisting of 3 Townhouses, located a short distance from the train station. Features include 3 bedrooms per unit, separate utilities, and parking. Gas heat, hot water, and stoves are all separate as well. A great investment opportunity! Property needs work and is being sold "As Is"OFFERS DUE BY 7 PM TUESDAY JULY 13. Seller reserves right to accept any offer prior to that.

Last Agent to Sell the Property

James Joly

Boardwalk Real Estate Listed on: 07/09/2021

Last Buyer's Agent

Anthony Marino

The Marino Group Collection

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,851

Year Built

  • Built in 1920

Lot Details

  • 6,098 Sq Ft Lot
  • Corner Lot
  • Level Lot

Home Design

  • 4,121 Sq Ft Home
  • Brick Foundation
  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 3 Full Bathrooms

Parking

  • 6 Car Parking Spaces
  • Off-Street Parking

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • No Cooling
  • 3 Heating Zones
  • Heating Available
  • 60 Amp Service
  • Natural Gas Connected
  • Gas Water Heater

Listing and Financial Details

  • Total Actual Rent $4,150
  • Rent includes unit 1(water), unit 2(water), unit 3(water)
  • Assessor Parcel Number M:016.000000157.0,732713
  • Tax Block 157

Community Details

Overview

  • 3 Units
  • Property has 2 Levels

Amenities

  • Shops

Building Details

  • Water Sewer Expense $2,378
  • Operating Expense $13,835
  • Net Operating Income $16,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,851

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1920
  • Buyer Agency: 2
  • Buyer Agency Type: %
  • Transaction Broker: 1
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: Yes
  • Special Features: None
  • Stories: 6

Interior Features

  • Flooring: Varies Per Unit
  • Interior Amenities: Unit 1 Rooms(Living Room,Dining Room,Kitchen), Unit 2 Rooms(Living Room,Dining Room,Kitchen), Unit 3 Rooms(Living Room,Dining Room,Kitchen)
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Dishwasher), Unit 2(Range,Dishwasher), Unit 3(Range,Dishwasher), Gas Water Heater, Utility Connections for Gas Range
  • Total Bedrooms: 9
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Living Area: 4121
  • Stories Total: 6
  • Window Features: Storm Window(s)
  • MAIN LO: B30601
  • LIST PRICE PER Sq Ft: 213.42
  • PRICE PER Sq Ft: 218.39
  • MAIN SO: AN3656

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Stone, Brick/Mortar
  • Home Warranty YN: No
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range
  • Cooling: Unit 1(None), Unit 2(None), Unit 3(None)
  • Heating: Unit 1(Hot Water Baseboard,Gas), Unit 2(Hot Water Baseboard,Gas), Unit 3(Forced Air,Gas)
  • Cooling Y N: No
  • Electric: 60 Amps/Less
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 3
  • HEAT ZONES: 3
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Highway Access, House of Worship, Private School, Public School, T-Station
  • Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water)
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 2378

Lot Info

  • Parcel Number: M:016.000000157.0,732713
  • Zoning: S15
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot, Level
  • Lot Size Acres: 0.14
  • Lot Size Area: 0.14
  • Lot Size Sq Ft: 6098.4
  • Lot Size Units: Acres
  • LOT SIZE: 5940
  • PAGE: 57

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 9851
  • Tax Block: 157
  • Tax Book Number: 29644
  • Tax Map Number: 16

Multi Family

  • Gross Income: 49200
  • Net Operating Income: 16800
  • Number Of Units Total: 3
  • Operating Expense: 13835
  • Total Actual Rent: 4150
  • LEVELS 1: 2
  • LEVELS 2: 2
  • LEVELS 3: 2
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 3: 1
  • FLRS 2: 1

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $1,425,000 Commercial
Closed $122,700 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2025 03/21/25 Rented $4,100 0.0% --
03/19/2025 03/19/25 Under Contract -- -- --
03/08/2025 03/08/25 For Rent $4,100 0.0% --
09/21/2021 09/21/21 Sold $900,000 +2.3% $218 / Sq Ft
07/13/2021 07/13/21 Pending -- -- --
07/09/2021 07/09/21 For Sale $879,500 -- $213 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $14,876 $1,306,100 $433,600 $872,500
2024 $10,455 $892,100 $426,200 $465,900
2023 $10,583 $840,600 $401,600 $439,000
2022 $10,252 $769,100 $367,400 $401,700
2021 $9,851 $713,300 $316,900 $396,400
2020 $9,628 $690,200 $306,600 $383,600
2019 $9,208 $647,100 $287,500 $359,600
2018 $8,545 $616,100 $273,700 $342,400
2017 $8,070 $575,200 $255,500 $319,700
2016 $6,815 $470,000 $209,900 $260,100
2015 $6,900 $469,400 $199,900 $269,500
2014 $6,667 $452,300 $190,400 $261,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72863091

MLS Property Information Network (MLS PIN)

APN: READ-000016-000000-000157