246 Walnut St, Reading MA 01867

Reading, MA 01867
$899,000
Est. $4,785/month
3
Beds
1
Baths
1,584
Sq Ft
$568
Price/Sq Ft
2.02
Acres
1961
Year Built
Single Family Residence
Type
65
Days on Market
Active Price Drop -$99,000 Listed Sep 26, 2025 • MLS# 73407978

About this home

Developer Alert – 2 Approved Buildable Lots in Prime Reading Location! While there is an existing single-family home on-site, the true value lies in the land. Builders & developers—capitalize on this rare opportunity in high-demand Reading. This offering includes two fully buildable lots with approved site plans and modification approvals for overhead utilities, berm, and a 16’ privacy fence: Lot 1: 27,895 sq. ft. and Lot 2: 20,058 sq. ft. Approved for a 4,500 sq. ft. home on each lot, with potential to build up to 5,500 sq. ft. including finished basement. All major approvals in place: Approved subdivision & site plans; Decision of Approvals & Order of Condition; Utility access (electric, public water/sewer at street). Exceptional location – Minutes to downtown Reading, commuter rail, and I-93. Documentation available upon request: Site plans, layouts, permits & building plans and more!

Facts & Features

Property Overview

Property Type
Single Family Residence
Property Category
Residential
Year Built
1961
Bedrooms
3
Full Bathrooms
1
Living Area
1,584 sq ft
Total Rooms
7

Interior Features

Heating
Baseboard, Oil
Has Heating
Yes
Cooling
None
Has Cooling
No
Has Fireplace
Yes
Number of Fireplaces
1

Exterior & Structure

Architectural Style
Cape
Foundation
Concrete Perimeter
Has Spa
No
Waterfront Property
No

Lot & Land

Lot Size
2.02 acres
Lot Size
87,991 sq ft
Lot Size Area
2.0200
Lot Features
Wooded, Cleared
Road Frontage Type
Public

Parking & Garage

Has Garage
No
Total Non-Garage Parking Spaces
20

Utilities & Systems

Water Source
Public
Sewer
Public Sewer

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
Zoning
S20

Additional Details

Year Built Source
Public Records
Year Built Details
Actual
Attached Property
No
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.
Listing Terms
Contract

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

Market Insights

1
Price Changes
9.9%
Price Range

Property Timeline

↓
Price Reduced
Sep 26, 2025
$899,000 $99,000 (-9.92%)
From $998,000 to $899,000 (-9.9%)
🏠
Listed for Sale
Jul 22, 2025
$998,000
Original listing
Agent: Cheryl Pendenza Office: RE/MAX Andrew Realty Services

Price & Status History

Date Event Price Change
Sep 26, 2025 Sold $899,000 —
Sep 26, 2025 Price Changed $899,000 -$99,000
Jul 22, 2025 New Listing Added $998,000 —

Market Statistics

Days on Market
65 days
Price per Sq Ft
$568
Total Price Drop
-$99,000

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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