Multi Family at 17 Elm St, North Reading MA 01864
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$749,900

17 Elm St, North Reading MA 01864
North Reading, MA 01864
Listed by Kevin Fruh
Bedrooms
5
Bathrooms
2.5
Living area
3,801 sqft
Year built
1740

About this home

Steeped in history and overflowing with character, this extraordinary 1740 Saltbox offers a rare opportunity to restore one of North Reading's timeless treasures. Rich in original architectural details, the home showcases wide pine floors, grand period fireplaces, paneled walls, custom built-ins, and the craftsmanship that defines early New England homes. Featuring five bedrooms and zoned as a two-family residence, the flexible layout presents endless possibilities for restoration, multi-generational living, investment, or creating a truly one-of-a-kind estate. Set on a lush lot with mature gardens, sprawling green space, and classic stone walls, the property offers a picturesque setting just moments from downtown North Reading with convenient access to Route 62 and Route 128. Ample off-street parking for up to 10 vehicles completes this remarkable offering. Bring your vision and breathe new life into a piece of North Reading history.

Highlights

ViewFireplace

Property details

MLS
MLS Property Information Network
MLS #
73573245
Property type
Multi Family
Subdivision
N/A
Status
Active
Days on market
43
On market date
September 8, 2026
Stories
2
Total bathrooms
2.5
Garage spaces
N/A
Parking spaces
12
Lot size
0.97 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
John E Burke
0.95 mi away · Grades 0-5
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
243
Student:teacher ratio
11.6:1
District
Peabody
Middle
North Reading Middle
2.66 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
564
Student:teacher ratio
11.3:1
District
North Reading
High
Lynnfield High
2.42 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
564
Student:teacher ratio
12.0:1
District
Lynnfield

Walkability

Blended score for North Reading's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

18
Very car-dependent
out of 100
EPA National Walkability Index
5.3 / 20 -- Least walkable
Google Places amenity density
5 / 100
Restaurants & cafes0
Grocery stores0
Parks1
Schools0
Transit stops0
Pharmacies0

Market position

How this listing compares to current activity in North Reading, from live MLS data.

On the market 43 days -- 33 fewer days than North Reading's current average of 76 days.
For reference, the median list price across 109 active listings in North Reading right now is $730,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$4,666/mo
$149,980 down
$599,920 loan
Principal & interest$3,891
Property tax (est.)$625
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated September 12, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.