246 Walnut St, Reading MA 01867

Reading, MA 01867
$998,000
Est. $5,312/month
2.00
Acres
Residential
Type
73
Days on Market
Active Listed Sep 26, 2025 • MLS# 73404109

About this home

Builders and developers—don’t miss this rare opportunity in desirable Reading. This offering includes 2 BUILDABLE LOTS complete with Approved Site Plans & Modification Approvals for Overhead Utilities, Berm, and 16’ high Privacy Fence. While there is an existing single-family home on-site, the true value lies in the land and approved subdivision plan in place. Lot 1 offers 27,895 sq. ft. and Lot 2 offers 20,058 sq. ft. Each lot is approved for a 4,500 sq. ft. home, with the potential to build up to 5,500 sq. ft. including a finished basement. Electric, Public Water/Sewer are already at the street. Perfectly located just minutes from downtown Reading, commuter rail access, and I-93. Site Plans, Approvals, Order of Conditions, Decision of Approvals, Proposed Layouts and Building Plans are available upon request. Unlock the full potential of this well-positioned property today! Buyer shall be responsible for all due diligence.

Facts & Features

Property Overview

Property Type
Residential
Property Category
Land

Interior Features

Exterior & Structure

Waterfront Property
No

Lot & Land

Lot Size
2.00 acres
Lot Size
87,120 sq ft
Lot Size Area
2.0000
Lot Features
Wetlands, Wooded, Cleared, Lot Staked
Road Frontage Type
Public

Parking & Garage

Utilities & Systems

Water Source
Public, On-Site
Sewer
Public Sewer, On-Site
Electric
On-Site
Electric on Property
Yes
Gas
At Street

Community & HOA

Community Features
Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Conservation Area, Highway Access, House of Worship, Public School, T-Station
HOA
No
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$8,899
Tax Year
2025
Tax Assessed Value
$781,300
Parcel Number
M:003.000000019.0,730138
Additional Parcels
Yes
Zoning
S20

Additional Details

Disclosures
Taxes & assessment are for an existing single family (the true value lies in the land and subdivision plan). Lot markers are approximate. PROPERTY TO BE SOLD "AS IS". Buyer/Buyer Agent shall be responsible for all due diligence related to all zoning and/or potential uses for the lot.

Location

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Neighborhood

246 Walnut St, Reading MA 01867

Reading, MA 01867

Walkability

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Schools

School information not available

Monthly Payment Calculator

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Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $742
Homeowners Insurance $200
PMI $0

Property History

Property Timeline

🏠
Listed for Sale
Jul 14, 2025
$998,000
Original listing
Office: RE/MAX Andrew Realty Services

Price & Status History

Date Event Price Change
Jul 26, 2025 Sold $998,000 —
Jul 14, 2025 New Listing Added $998,000 —

Market Statistics

Days on Market
73 days
Price per Sq Ft
$—

Tax History

Year Taxes Assessment
2025 $8,899 $781,300

Financial Details

Annual Property Tax
$8,899
Tax Year 2025
Assessed Value
$781,300

Listing Information

Listing Agent Cheryl Pendenza
Listing Office RE/MAX Andrew Realty Services
Agent MLS ID BB900401
Office MLS ID AC2354

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