246 Walnut St, Reading MA 01867

Reading, MA 01867
$899,000
Est. $5,487/month
2.00
Acres
145
Days on Market
Active Price Drop -$99,000 Listed Jul 14, 2025 • MLS# 73404109 Copied!

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.

Property Overview

Property Type
Residential
Listing Type
Land

Facts & Features

Home Facts

Type Land
Style Residential
Lot Size 2.00 acres

Interior

Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement None
Laundry None
Features None

Exterior

Construction None
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Features None

Utilities

Electric On-site
Water Public, On-site
Sewer Public Sewer, On-site
Gas At Street
Other None

Financial

Annual Tax $8,899
Assessed Value $781,300

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:

Construction & Materials

Structure Type:
Exterior Materials:
Roof:
Foundation:

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water:
Water Source: Public, On-Site
Sewer: Public Sewer, On-Site
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features: Wetlands, Wooded, Cleared, Lot Staked
Road Surface:

Parking & Garage

Parking Features:

Location

Loading map...

Neighborhood

246 Walnut St, Reading MA 01867

Reading, MA 01867

Walkability

Loading Walk Score...

Schools

School information not available

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $742
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Property Timeline

🏠
Listed for Sale
Jul 14, 2025
$899,000
Original listing
Agent: Cheryl Pendenza Office: RE/MAX Andrew Realty Services

Price & Status History

Date Event Price Change
Sep 30, 2025 Sold $899,000
Jul 14, 2025 New Listing Added $899,000

Market Statistics

Days on Market
145 days
Price per Sq Ft
$—
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
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

Comparable Properties

Customize Comparable Search

Finding comparable properties...

Market Analytics for Reading, MA

Real-time market trends and pricing data for this area

246 Walnut St, Reading MA 01867 - Photo 1

Contact Agent

Schedule a Tour