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Historic Two-Family Duplex
New
For Sale
$749,900

17 Elm St, North Reading, MA 01864

1740 residence with five bedrooms, period details, mature grounds, and parking for up to 10 vehicles.

Property Size3,801 SF
Price / SF$197.29
Days on Market3

Property Features for 17 Elm St

General Information

Standard status Active
Size 3,801 SF
Total Parking Spaces 10
Property subtype Multi Family

Additional Details

Highway Access Yes
Multifamily Units 2

Building Details

Building Size 3,801 SF
Year Built 1740
Buildings 1
Construction Saltbox
Listing Agency: Gibson Sotheby's International Realty
Listed By: Kevin Fruh · License #452000603
Source: Iverty
Added: Sep 8 Changed: Sep 9 Last Checked: Sep 9 at 3:44PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Gibson Sotheby's International Realty

Investment Insights

Based on property information with market context.

This 3,801-square-foot duplex dates to 1740 and retains a range of period features, including wide pine flooring, fireplaces, paneled walls, and built-in cabinetry. The five-bedroom layout is zoned for two-family use, offering a flexible configuration within a historic residential property. The home requires restoration and includes substantial original character from its early New England construction.

The property occupies a landscaped setting at 17 Elm St in North Reading, with mature gardens, open lawn, and stone walls. It is located near downtown North Reading with access to Route 62 and Route 128. Off-street parking accommodates up to 10 vehicles, adding practical functionality to the two-family residence.

Key Highlights

  • 3,801‑square‑foot duplex built in 1740
  • Zoned for two‑family use with five bedrooms
  • Original wide pine floors, period fireplaces, paneled walls, and built‑ins

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Building Supply Parking Lot & Garage Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

54
Businesses Nearby

Demographics for 01864, MA

15,554
Population
5,920
Households
2.6
Avg Household Size
43
Median Age
56%
College-Educated
97%
High-School Grad
13.2 sq mi
ZIP Area
1,178
Density / Sq Mi
$150,820
Median Household Income
$70,981
Median Earnings
$2,253
Median Rent
$680,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - 1740 residence with five bedrooms, period details, mature grounds, and parking for up to 10 vehicles.
Where is this duplex located?
The property is located at 17 Elm St North Reading, MA.
What is the asking price?
The asking price for this property is $749,900.
What are key features of this property?
This property features: 3,801‑square‑foot duplex built in 1740; Zoned for two‑family use with five bedrooms; Original wide pine floors, period fireplaces, paneled walls, and built‑ins
More about this property
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