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355 South Street, Reading MA 01867

Reading, MA 01867
$625,000
Est. $4,053/month
3
Beds
1.5
Baths
1,469
Sq Ft
$425
Price/Sq Ft
0.23
Acres
1948
Year Built
Single Family Residence
Type
13 hours 12 minutes
Time on Market
Active Listed Mar 27, 2026 • MLS# 73493006 Copied!

About this home

This classic cape style home was heavily damaged when a second floor water pipe burst during the winter. The house was cleaned and dried out by a professional cleaning service using dehumidifiers and fans. The first floor has been stripped down, with flooring, wallboard, insulation and kitchen and bathroom all removed. Second floor has minimum damage. Could be easily restored, though may not be financed by traditional lenders. Very nice lot, close to major roads and downtown Reading.

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Property Overview

Property Type
Single Family Residence
Listing Type
For Sale
Year Built
1948
Bedrooms
3
Full Bathrooms
1
Half Bathrooms
1
Living Area
1,469 sq ft
Total Rooms
6

Facts & Features

1 Car Garage

Home Facts

Type Residential
Style Single Family Residence
Year Built 1948
Living Area 1,469 sq ft
Lot Size 0.23 acres
Bedrooms 3
Full Baths 1
Half Baths 1
Total Rooms 6

Interior

Heating Steam, Oil
Cooling None
Flooring Wood, Tile, Carpet
Appliances Electric Water Heater
Fireplace None
Basement None
Laundry In Basement
Features None

Exterior

Construction Frame
Architecture Cape
Roof Shingle

Parking

Garage Spaces 1
Has Garage Yes
Features Attached, Paved Drive, Off Street
Total Spaces 4

Utilities

Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range

Financial

Annual Tax $8,315
Assessed Value $730,000

Interior Features

Flooring: Wood, Tile, Carpet
Appliances: Electric Water Heater
Interior Features:
Windows: Insulated Windows
Basement:
Laundry: In Basement
Security:

Construction & Materials

Style: Cape
Year Built: 1948
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Block

Heating, Cooling & Utilities

Heating: Steam, Oil
Heating Zones: 1
Cooling: None
Hot Water:
Water Source: Public
Sewer: Public Sewer

Parking & Garage

Garage Spaces: 1
Garage Type: Attached
Total Parking Spaces: 4
Parking Features: Attached, Paved Drive, Off Street

Location

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Neighborhood

355 South Street, Reading MA 01867

Reading, MA 01867

Walkability

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Nearby Schools

School District
Reading School District local
A
✓ School Safety 2024-25
0.4% Low
0.4% Suspensions 0.2% In-School
↓ 5.1% below state avg
E

Elementary Schools

6 schools
A
Joshua Eaton School
0.7 mi | #93 of 824 | Score: 59.7
Improved 34 spots from last year
+1.5 above state avg
388 students Moderate
Rising School Strong Attendance
Grades K-05
A
Alice M Barrows School
1.5 mi | #158 of 824 | Score: 56.8
Dropped 82 spots from last year
-1.5 below state avg
365 students Less Diverse
Strong Attendance
Grades K-05
RISE PreSchool
2.1 mi
116 students Moderate
Grades PK
A-
Birch Meadow School
2.3 mi | #240 of 824 | Score: 52.9
Dropped 160 spots from last year
-5.3 below state avg
359 students Moderate
Strong Attendance
Grades K-05
A
J. Warren Killam Elementary School
2.6 mi | #94 of 824 | Score: 59.7
Improved 18 spots from last year
+1.5 above state avg
406 students Moderate
Strong Attendance
Grades K-05
B+
Wood End Elementary School
3.4 mi | #275 of 824 | Score: 51.6
Dropped 192 spots from last year
-6.6 below state avg
236 students Less Diverse
Strong Attendance
Grades K-05
M

Middle Schools

2 schools
A
Walter S Parker Middle School
1.3 mi | #62 of 352 | Score: 54.7
Dropped 26 spots from last year
-3.6 below state avg
467 students Moderate
Grades 06-08
A
Arthur W Coolidge Middle School
2.3 mi | #43 of 352 | Score: 58.1
Improved 32 spots from last year
-0.1 below state avg
405 students Less Diverse
Rising School Strong Attendance
Grades 06-08
H

High Schools

2 schools
Austin Prep School
2.2 mi
Grades 06-12
A
Reading Memorial High School
2.1 mi | #65 of 346 | Score: 65.1
Dropped 5 spots from last year
+6.8 above state avg
1,094 students Less Diverse
18 sports • 2,420 athletes
Strong AP Program High Graduation Rate College Ready Curriculum Strong Athletics
Grades 09-12
Learn about these ratings
School data provided by BMN Schools

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 $693
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
Mar 27, 2026
$625,000
Original listing
Agent: Kevin Coughlin Office: Berkshire Hathaway HomeServices Commonwealth Real Estate

Price & Status History

Date Event Price Change
Mar 27, 2026 New Listing Added $625,000 —

Market Statistics

Time on Market
13 hours 12 minutes
Price per Sq Ft
$425

Tax History

Year Taxes Assessment
2026 $8,315 $730,000

Financial Details

Annual Property Tax
$8,315
Tax Year 2026
Assessed Value
$730,000

Listing Information

Listing Agent Kevin Coughlin
Listing Office Berkshire Hathaway HomeServices Commonwealth Real Estate
Agent MLS ID B0525137
Office MLS ID AN4881
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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Steven Novak

Steven Novak

BMN Boston Real Estate

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