LOCATED IN THE HEART OF TOWN CENTER! BIG, BRIGHT & BEAUTIFUL multi-family RENOVATED home. Victorian charm meets modern splendor. Enjoy spacious two-unit apartments boasting lots of natural sunlight. High Ceilings, Tall Windows, Gleaming Hardwood Floors, Beautiful Molding & Spacious Rooms. Newer kitchens with ample granite countertop space & cabinetry. SS appliances. Renovated bathrooms! Both units have newer HVAC (heat & central AC). 2nd fl & common areas are certified deleaded! Screened porches on each level. 1st floor unit has separate side entrance & bonus 2 rooms and full bath in LL perfect for teen hangout or guests. 2nd floor unit w/own laundry extends to upper 3rd floor level. Plenty of storage throughout. Newer mechanicals. Slate roof. PRIME LOCATION: Walking distance to commuter rail & bus route. Quick stroll to vibrant downtown restaurants and shops. Minutes to Rtes 95 & 93. XL yard for summertime fun. Garage. Plenty of parking. Move in and enjoy rental income!

Property Details

Price:
$1,100,000
MLS #:
73389000
Status:
Active Under Contract
Beds:
6
Baths:
3
Address:
29-31 Bancroft Ave
Type:
Multi Family
Subtype:
2 Family – 2 Units Up/Down
City:
Reading
Listed Date:
Jun 11, 2025
State:
MA
Finished Sq Ft:
2,850
Total Sq Ft:
2,850
ZIP:
01867
Lot Size:
10,999 sqft / 0.25 acres (approx)
Year Built:
1880
Units:
2

Schools

Middle School:
Coolidge
High School:
Rhs/Austin Prep

Interior

Appliances
Range, Dishwasher, Disposal, Refrigerator, Range Hood, Washer, Dryer
Bathrooms
3 Full Bathrooms
Flooring
Tile, Hardwood, Stone/ Ceramic Tile
Heating
Natural Gas
Laundry Features
Washer Hookup, Dryer Hookup, Gas Dryer Hookup, Electric Dryer Hookup

Exterior

Community Features
Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/ Jog Trails, Highway Access, House of Worship, Private School
Construction Materials
Frame
Exterior Features
Rain Gutters, Stone Wall
Other Structures
Shed(s)
Parking Features
Paved Drive, Off Street, Deeded
Parking Spots
5
Roof
Slate

Financial

Net Operating Income
$70,800
Tax Year
2025
Taxes
$9,186

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CRP: Certified Relocation Professional
CRS: Certified Residential Specialist
GRI: Graduate of Realtors Institute
CBR: Certified Buyers Representative
BSBA: Bachelor of Science in Business Administration. Babson College 1979
MBA: Master of Business Administration. Babson College 2002

James M. Joly is President and Principal-Owner of Boardwalk Real Estate Corp.,…

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29-31 Bancroft Ave
Reading, MA