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INVESTMENT SNAPSHOT
About this property
An opportunity to own a spacious Philadelphia style 2 family home, located in the desirable west side of Reading. Excellent commuter location to the train, bus, I -93 and I-128 with easy access to the schools, library and the vibrant town center. Unit 1 features a living room, dining room, first floor study, kitchen, 2 bedrooms and 1.5 baths. Unit 2 offers a living room, dining room with a china cabinet, study, sunroom, 3 bedrooms plus 2 baths. Additional details include ample closets, hardwood floors, large unfinished basement, attic, a nice level back yard, deck, maintenance free vinyl siding and plenty of off street parking. Whether it is multi-generational living, owner-occupancy with supplemental rental income or a long-term investment, this solid home offers that flexibility.
Property details
| Units | 2 |
| Living area | 3,534 sqft |
| Lot size | 9,378 sqft |
| Year built | 1916 |
| Price / sqft | $311 |
| County | Middlesex |
| MLS # | 73577214 |
Listing status
| Days on market | 0 days |
| Listed on | September 15, 2026 |
Taxes & financials
| Annual property tax | $14,023 |
| Tax year | 2026 |
| Assessed value | $1,279,500 |
| Zoning | RES |
| Total actual rent | $0/mo |
Building & lot
| Stories | 4 |
| Total rooms | 14 |
| Lot size | 0.22 acres |
| Garage spaces | 0 |
| Parking spaces | 5 |
| Parking | Paved Drive, Off Street |
| Basement | Full, Interior Entry, Bulkhead, Sump Pump |
| Foundation | Stone |
| Roof | Shingle |
| Construction | Frame |
| Flooring | Wood, Tile, Hardwood |
Utilities & systems
| Sewer | Public Sewer |
| Water | Public |
| Appliances | Range, Microwave |
Location
More about investing in Reading →
Listing courtesy of a MLS PIN member office. Listing data © MLS PIN.
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Questions & answers
Auto-generated from the listing data — richer AI answers coming with the live site.
How many units does 118-120 Prescott Street, Reading MA 01867 have?
It is a 2-unit multi-family property with 3,534 sqft of living area, built in 1916.
How long has 118-120 Prescott Street, Reading MA 01867 been on the market?
118-120 Prescott Street, Reading MA 01867 has been listed for 0 days (since September 15, 2026).
What is the price per unit?
At a list price of $1,099,000 across 2 units, that works out to roughly $549,500 per unit.
What are the property taxes on 118-120 Prescott Street, Reading MA 01867?
Annual property taxes are $14,023 (2026), on an assessed value of $1,279,500.
What is the price per square foot?
At $1,099,000 for 3,534 sqft, that's about $311 per square foot.
Is there parking?
5 total parking spaces (paved drive, off street).
Where is this property located?
118-120 Prescott Street, Reading MA 01867 is in Reading, Middlesex County, MA 01867.
