16 Shirley Ave, North Reading, MA 01864
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$899,000
2 Unit
5 Beds
3 Baths
2700 SQFT
0.48 Acre

Property Description

Rare opportunity to own two separate dwellings on a single parcel situated between Rt 62 and Rt 28 in North Reading. This unique property offers flexibility for multi-generational living, investment, or potential rental income. The main home, known as 16 Shirley, features a classic layout with three bedrooms (formerly four), one and a half bathrooms, and generous living space throughout. The first floor includes a mudroom entry, a spacious kitchen, dining room, living room, laundry area, and a half bath. Upstairs are three bedrooms and a full bathroom. The second building, known as 1 Beech Rd, is a cottage-style home with an open kitchen and living area, one bedroom, an office, and a full bathroom w/in-unit laundry, perfect for extended family or guests. A detached one-car garage sits at the end of the property. Will not qualify for FHA financing. Access for showings is limited, and all disclosures should be reviewed in advance. The sale is subject to U.S. Bankruptcy Court approval.

Property Details tap to expand

Building Information

  • Total Units: 2
  • Total Floors: 3
  • Total Bedrooms: 5
  • Total Full Baths: 2
  • Total Half Baths: 1
  • Total Fireplaces: 1
  • Basement Features: Interior Access

Financial

  • APOD Available: No
  • Gross Operating Income: 21600
  • Net Operating Income: 21600

Utilities

  • Water: City/Town Water, Private
  • Sewer: Inspection Required for Sale, On-Site, Private Sewerage, Public

Unit 1 Description

  • Under Lease: No
  • Floors: 1
  • Levels: 2

Unit 2 Description

  • Under Lease: No
  • Floors: 1
  • Levels: 1

Construction

  • Year Built: 1900
  • Foundation Info: Concrete Block, Poured Concrete
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73357306
  • Last Updated: 04/14/25
  • Terms: Other (See Remarks), Special

Property History tap to expand

Date Event Price Price/Sq Ft Source
04/13/2025Active$899,000$333MLSPIN
04/13/2025Active$899,000$333MLSPIN
04/09/2025New$899,000$333MLSPIN
04/09/2025New$899,000$333MLSPIN

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Seller's Representative: Vision Realty Group, LAER Realty Partners
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2025-04-14 10:53:00