Movoto Real Estate
Sold on 10/01/2023

243 Washington St, Reading, MA 01867

  • $690,778

    Last sold 10/01/2023 for $642K

  • 4

    bed

  • 4

    bath

  • 2,400

    Sqft ($268/Sqft)

Multi-family not for sale
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About 243 Washington St

Property type Multi-family
Year built 1935
HOA fee $0/month
Lot size 6,820 Sqft
Movoto estimate
Property description
Discover the potential of this unique 2-family property with bonus “commercial” space, no longer in use but possible to reinstate through the ZBA. Buyer must perform their own due diligence since property is no longer zoned for commercial use. However, the bonus unit provides loads of other options in connection with the 2 family! Both apartments offer open floor plan, full bath, in-unit laundry with unit 1 featuring an additional room ideal for home office or additional bedroom. Plenty of storage in full basement with parking to accommodate up to 8 cars, plus updated systems. Located just minutes from downtown Reading, commuter rail station, major grocery stores, Starbucks, & all your favorite restaurants, plus seconds to RT 95 & 93. Contact us today to schedule a viewing & explore the possibilities this property holds. With its commuter friendly location & versatile features, it's an investment that promises both convenience & potential for growth.
Listed by
Listing Agent - Susan Gormady Group
Listing Office - Classified Realty Group
Source: MLS Property Information Network, Inc. mls logo
MLS#73163925 • last updated 2 years ago
Movoto checked MLS Property Information Network, Inc. for data 4 minutes ago
Overview
Cooling/AC Unit 1(Wall AC), Unit 2(Window AC)
Heating Unit 1(Gas), Unit 2(Gas)
Levels/Style 3
MLS # 73163925
Type Residential Income
Status Closed
SubType 2 Family - 2 Units Up/Down
SqFt 2400
Lot Size (SqFt) 6820
Lot Size (Acres) 0.16
Annual Property Tax 9106.34
Year Built 1935
Interior
Total # of Bathrooms 4
# Full Baths 2
# Half Baths 2
Total # of Bedrooms 4
Basement Full, Unfinished
Total # of Rooms 11
Laundry Unit 1 Laundry Room, Unit 2 Laundry Room
Flooring Wood, Tile, Unit 1(undefined)
Appliances Unit 1(Range, Disposal, Refrigerator, Washer, Water Treatment), Unit 2(Range, Freezer, Washer, Dryer), Utility Connections For Gas Range, Utility Connections For Gas Dryer
Interior Features Unit 1(Ceiling Fans, Bathroom With Tub & Shower, Open Floor Plan), Unit 2(Ceiling Fans, Bathroom With Tub & Shower, Open Floor Plan), Unit 1 Rooms(Kitchen, Living RM/Dining RM Combo, Office/Den), Unit 2 Rooms(Kitchen, Living RM/Dining RM Combo)
Exterior
Foundation Concrete Perimeter, Block
Roof Shingle
Construction Frame
Parking Desc Paved Drive, Off Street, Tandem, Common, Paved
# Parking Spaces 8
Exterior Features Deck
Patio/ Porch Deck
Amenities / Utilities
Sewer Public Sewer
Utilities For Gas Range, for Gas Dryer
Electricity 100 Amp Service, Individually Metered
Water Source Public
Location
County Middlesex
Community Features Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Golf, Laundromat, Conservation Area, Highway Access, House Of Worship, Private School, Public School, T-Station
Elementary School Check Super
Middle School Check Super
High School Rmhs
Zoning S15
APN M:017.000000098.0, 4235438
Directions Across From Village Street, Near Market Basket
Multifamily Details
Rent Includes Unit 1(Water), Unit 2(Water)
Net Operating Income 42000
Total Actual Rent 3500
Gross Income 42000
Lot/ Land Details
Road Frontage Public
$690K
Range: $621K-$759K
Last 30 days 
  • Nov 2023
    mls logo MLS # 73163925
  • Nov 8, 2023 Sold
    $642,000 (-4.9%)
  • Oct 6, 2023 Active
  • Sep 27, 2023 Listed
    $675,000 (+3.9%)
  • Sep 2021
    mls logo MLS # 72872205
  • Sep 10, 2021 Price Change
    $649,900 (-2.3%)
  • Jul 27, 2021 Listed
    $665,000 (+3.9%)
  • Feb 2020
    mls logo MLS # 72616997
  • Feb 7, 2020 Listed
    $639,900 (-7.1%)
  • Jun 2019
    mls logo MLS # 72518384
  • Jun 13, 2019 Listed
    $689,000
  • 243 Washington St
    $642K
  • 01867
    $809K -1% y/y
  • Reading
    $999K +42% y/y
No chart available
Statistics calculated by Movoto

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Source: GreatSchools.org © 2026. All rights reserved.

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  • Real Estate
  • MA
  • Middlesex County
  • Reading
  • 01867
  • 243 Washington St
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