246 Walnut St, Reading MA 01867 – 3 bed 1 bath For Sale – 73407978

$ 899,000
246 Walnut St, Reading MA 01867,

Overview

  • Updated On:
  • September 27, 2025
  • listingid
  • 73407978
  • 3 Bedrooms
  • 1 Bathroom
  • 0 Garage Spaces
  • 20 Non-Garage Parking Spaces
  • 1961

Description

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!

This property is listed by Cheryl Pendenza from RE/MAX Andrew Realty Services

Property Listing Details

Overview

MLS Status
Price $ 899,000
Living Area 1,584.00 ft2
Bedrooms 3
Total Rooms 7
Listing MLS ID 73407978
Days on Market 67
Bathrooms 1

Unit Information

Bedrooms 3
Full Bathrooms 1
Half Bathrooms 0
Cooling None
Heating Baseboard, Oil
Uncovered Parking 20
Garage Parking 0
Water View No
Unit Level
Common Walls
Laundry Features
Lead Paint Unknown
Outdoor Space Available
Living Area Includes Basement
Patio And Porch Features
Parking Features
Waterview Features
Flooring

Building Information

Building Name
Units in Building
Pets Allowed
Association Amenities
Pool Features
Waterfront Features
Association Fee Includes
Construction Materials
Year Built 1961
Security Features
Sewer Public Sewer
Spa Features
Structure Type
Water Source Public
Basement
Roof

Additional Details

Community Features Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Conservation Area, Highway Access, House of Worship, Public School, T-Station
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.
Last Updated September 27, 2025 at 07:30am
Building Area Source Public Records
MLS PIN Page
Parcel Number M:003.000000019.0, 730138
Original List Price 998000
Listing Office re/max andrew realty services
Tax Annual Amount 8899
Tax Assessed Value 781300
Tax Book Number 80377
Tax Year 2025
Year Built Details Actual
Year Built Source Public Records
Zoning S20
Listing Agent cheryl pendenza

Property Address

Address: 246 Walnut St, Reading MA 01867
City:
State/County:
Zip: 01867
Country: United States

Amenities and Features

Other Features
Has Fireplace
Has Heating System

Payment Calculator

$ 5,151.03
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 4,311.97

Map

Transport
Supermarkets
Schools
Restaurants
Pharmacies
Hospitals

What's Nearby

Food

Saigon Eatery
(0.82 miles)Saigon Eatery
Surf Restaurant
(0.85 miles)Surf Restaurant
The Fox Den
(2.29 miles)The Fox Den
Half & Half
(1.56 miles)Half & Half
Anna's Taqueria
(0.57 miles)Anna's Taqueria

Health & Medical

Mary Medwar, DC
(0.69 miles)Mary Medwar, DC
Zanjabee
(1.38 miles)Zanjabee
All Is Well - For Body, Mind & Spirit
(2.31 miles)All Is Well - For Body, Mind & Spirit
Health Touch
(1.16 miles)Health Touch
Lande Light Home Health
(0.52 miles)Lande Light Home Health

Shopping

Tj Maxx
(0.86 miles)Tj Maxx
My Sisters Closet
(1.6 miles)My Sisters Closet
Target
(1.41 miles)Target
Main St Consignment & Thrift
(3.61 miles)Main St Consignment & Thrift
Marshalls
(0.89 miles)Marshalls

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246 Walnut St, Reading MA 01867 | © 2024 DOUGLAS ELLIMAN REAL ESTATE. ALL MATERIAL PRESENTED HEREIN IS INTENDED FOR INFORMATION PURPOSES ONLY. WHILE THIS INFORMATION IS BELIEVED TO BE CORRECT, IT IS REPRESENTED SUBJECT TO ERRORS, OMISSIONS, CHANGES OR WITHDRAWAL WITHOUT NOTICE. ALL PROPERTY INFORMATION, INCLUDING, BUT NOT LIMITED TO SQUARE FOOTAGE, ROOM COUNT, NUMBER OF BEDROOMS AND THE SCHOOL DISTRICT IN PROPERTY LISTINGS ARE DEEMED RELIABLE, BUT SHOULD BE VERIFIED BY YOUR OWN ATTORNEY, ARCHITECT OR ZONING EXPERT. THE NUMBER OF BEDROOMS LISTED ABOVE IS NOT A LEGAL CONCLUSION. EACH PERSON SHOULD CONSULT WITH HIS/HER OWN ATTORNEY, ARCHITECT OR ZONING EXPERT TO MAKE A DETERMINATION AS TO THE NUMBER OF ROOMS IN THE UNIT THAT MAY BE LEGALLY USED AS A BEDROOM. EQUAL HOUSING OPPORTUNITY.

Property Details

246 Walnut St, Reading MA 01867 – 3 bed 1 bath For Sale – 73407978

$ 899,000

Status:

246 Walnut St, Reading MA 01867, , , 01867

Country: United States

Property Overview

MLS #: 73407978

Type: /

Action:

Year Built: 1961 (Actual, Source: Public Records, Effective: )

Living Area: 1,584.00 ft2 (Total: 1584 Square Feet, Source: Public Records)

Lot Size: 2.02 ft2 (Area: 2.02 Acres, SqFt: 87991)

Total Rooms: 7

Condition:

Availability:

Building Name:

Interior Features

Bedrooms: 3 (Main Level: )

Bathrooms: Total: 1 (Full: 1, Half: 0, Decimal: 1, Main Level: )

Basement:

Fireplaces: 1 ()

Flooring:

Laundry:

Window Features:

Door Features:

Accessibility:

Entry: Level , Location:

Other Equipment:

Construction & Design

Style: Cape

Materials:

Foundation: Concrete Perimeter (Area: )

Roof:

Stories: ()

Common Walls:

Body Type:

Utilities & Green Features

Heating: Baseboard, Oil

Cooling: None

Water Source: Public

Sewer: Public Sewer (MWRA)

Utilities:

Electric: (Expense: )

Gas:

Energy Certificate:

Green Energy Efficient:

Green Energy Generation:

Green Indoor Air Quality:

Green Water Conservation:

Insulation:

Exterior & Lot Features

Garage Spaces: 0

Covered Spaces: 0

Parking Total: 20

Parking Features:

Pool:

Spa:

Patio/Porch:

Fencing:

Lot Features: Wooded, Cleared

View: (, Waterview Y/N: No)

Waterfront:

Road Frontage: Public ()

Road Surface:

Road Responsibility:

Other Structures:

Horse Amenities:

Wooded Area:

Pasture Area:

Cultivated Area:

Additional Parcels: (Number: )

Outdoor Space:

Community & Association

Community Features: Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Conservation Area, Highway Access, House of Worship, Public School, T-Station

Association Fee: ()

Fee Includes:

Association Amenities:

Pets Allowed:

Schools: E: , M: , H:

Zoning: S20 ()

MLS Area: Major: , Minor:

Management:

Optional Fee: (Includes: )

Property Description

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!

Room Details

Living Room (): x ( sqft) - Features:

Dining Room (): x ( sqft) - Features:

Kitchen (): x ( sqft) - Features:

Master Bedroom (): x ( sqft) - Features:

Master Bathroom: Features:

Laundry Dimensions:

Multi-Unit Information (if applicable)

Total Units:

Units Owner Occupied:

Unit 1: Beds: , Full Baths: , Half Baths: , Levels: , Rent: , Lease:

Unit 2: Beds: , Full Baths: , Half Baths: , Levels: , Rent: , Lease:

Unit 3: Beds: , Full Baths: , Half Baths: , Levels: , Rent: , Lease:

Unit 4: Beds: , Full Baths: , Half Baths: , Levels: , Rent: , Lease:

Complex Complete:

Unit Building:

Financial & Lease Information

Tax Annual Amount: 8899 (Year: 2025)

Tax Assessed Value: 781300

Tax Block/Lot/Book/Map: / / 80377 /

Parcel Number: M:003.000000019.0, 730138

Special Licenses:

Current Financing:

Gross Income: (Scheduled: )

Net Operating Income:

Operating Expense: (Water/Sewer: , Insurance: )

Financial Data Source:

APOD Available:

Tenant Pays:

Rent Includes:

Total Actual Rent:

Lease Term: (Existing Type: )

Deposit Required: (Security: , First Month: , Last Month: )

Insurance Required:

References Required:

Listing & Agent Information

Listing Agent: Cheryl Pendenza (MLS ID: BB900401) / Team:

Listing Office: RE/MAX Andrew Realty Services (MLS ID: AC2354)

Agent (Property): 369593

Buyer Agent MLS ID:

Buyer Office MLS ID:

Listing Agreement: Exclusive Right To Sell

Listing Contract Date: 2025-07-22

Expiration Date: 1900-01-01

Original List Price: 998000

Price Per SqFt (List): 567.55

Market Time (Property): 67 (Broker: 67, Prev Broker: 0, Prev Property: 0)

MLS Status: Price Changed

Possession:

Directions: South Street to Walnut

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., N

Lead Paint: Unknown

Title 5:

Exclusions:

Contingency:

Special Listing Conditions:

Lender Owned:

Short Sale Lender Approval Required:

Home Warranty Y/N:

Documents Available: (Count: )

Showings Deferral Date:

Open House Flag:

Listing Alert: No

Square Feet Disclosures: (Incl. Base: No, Other: )

Master Book/Page: / (Page: 490)

Sale Information (if applicable)

Close Date:

Close Price:

Price Per SqFt (Sold):

Anticipated Sold Date:

Concessions Amount:

Purchase Contract Date:

Sold vs Rent:

System Information

Property ID: 2487570

Modification Timestamp: September 27, 2025 at 07:30am

Bridge Modification Timestamp: September 27, 2025 at 07:34am

Original Entry Timestamp: July 22, 2025 at 08:41pm

Status Change Timestamp: September 26, 2025 at 04:09pm

Off Market Date:

Development Status:

Business Type:

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