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5 Lakeside Boulevard
North Reading, MA. 01864

Middlesex County
Directions: Gps

MLS # 72654720 - Sold
Multi-Family 2 Family    

List Price $380,000 Days on Market  
List Date   # Units 2
Sale Price $360,000 # Floors  
Sold Date 1/15/21 Rooms 7
Assessed Value $418,600 Bedrooms 3
Gross Living Area 1,634SF Full Baths 2
Lot Size 8,276SF Half Baths 0
Taxes $6,530.16 Fireplaces  
Tax Year 2020 Basement Yes
Zoning RB Waterfront No
Est. Street Front   Beach Nearby No
Year Built 1930 Parking Spaces 4
    Garage Spaces 0

Remarks:

BANK APPROVED SHORT SALE. Sold "as is", "as seen", "where is". Seller/Agent makes no warranties or representations.Buyer responsible for any and all inspections necessary to complete sale, this includes Title V and smoke certifications. Likely need a new septic system. Cash or rehab loan is preferred. Buyer is responsible for $5,000 fee for short sale negotiation. The water bill is buyer's responsibility. Buyers making an offer will be required to complete their inspection within 7 days of offer acceptance by the seller. Newer furnace and water heater. Excellent opportunity for owner occupied or investor. Please DO NOT DISTURB THE OCCUPANTS, under any circumstance.

Features
Basement   Crawl,
   Unfinished Basement
Construction  
   Stone/Concrete
Electricity   Circuit
   Breakers
Exterior   Vinyl
Exterior Feat.   Deck
Foundation   Poured
   Concrete, Other (See
   Remarks)
Hot Water   Natural Gas
Lead Paint   Unknown
Lot   Other (See Remarks)
Parking   Off-Street
Roof   Asphalt/Fiberglass
   Shingles
Sewer / Water   Private
   Sewerage, City/Town Water
Utility Connections   for
   Gas Range, for Gas
   Dryer, for Electric
   Dryer
Units
Unit 1 Bedrooms: 2; Floor: 1; Full Baths: 1; Lease: No; Levels: 1; Rooms: 4
Unit 2 Bedrooms: 1; Floor: 1; Full Baths: 1; Lease: No; Levels: 1; Rent: 1000; Rooms: 3
Financial Info
Gross Oper. Income   $12,000 Net Oper. Income   $12,000
Additional Information
APOD Available?   No
Anticipated Sale Date  
   01/18/2021
Deed   Book: 1285, Page:
   149
Disclosures   Property is
   to be delivered free of
   occupants. No appliances
   are included. Pool may or
   may not be included. Roof
   is approx 20 yrs old.
   Furnace is approx 3 yrs
   old. Flood insurance
   2000-2500. Likely need a
   new septic system,
   refurbished 10 yrs ago .
   Water&Trash balance
   $1,783.44 as of
   5/31/2020.
Foreclosure   No
GLA Source   Other
Off Market Date   11/30/20
Seller Disclosure Doc   No
Short Sale   Yes
Year Built Desc.  
   Approximate
Year Built Source   Public
   Record

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Property Last Updated by Listing Office: 1/20/21 4:25pm

Courtesy: MLSPIN

Listing Office: RE/MAX Partners Listing Agent: James Pham


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The information in this listing was gathered from third party resources including the seller and public records. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.