246 Walnut St, Reading, MA 01867
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$998,000
3 Beds
1 Bath
1584 SQFT
2.02 Acre
HOA: N/A

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!

Property Details tap to expand

Amenities

  • Conservation Area
  • Golf Course
  • Highway Access
  • House of Worship
  • Medical Facility
  • Park
  • Public School
  • Shopping
  • T-Station
  • Walk/Jog Trails

Bathrooms

  • Full Baths: 1

Bedrooms

  • Bedrooms: 3

Other Rooms

  • Total Rooms: 7

Utilities

  • Heating: Electric Baseboard, Geothermal Heat Source, Hot Water Baseboard, Individual, Oil, Other (See Remarks)
  • Cooling: Individual, None
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private
  • Sewer District: MWRA

Garage & Parking

  • Parking Spaces: 20

Interior Features

  • Square Feet: 1584
  • Fireplaces: 1
  • Accessability Features: Unknown

Construction

  • Year Built: 1961
  • Type: Detached
  • Style: Cape, Historical, Rowhouse
  • Foundation Info: Poured Concrete
  • Lead Paint: Unknown
  • Warranty: No

Exterior & Lot

  • Lot Description: Cleared, Wooded
  • Road Type: Public

Other Information

  • MLS ID# 73407978
  • Last Updated: 07/26/25
  • HOA: No
  • Reqd Own Association: Unknown
  • Terms: Contract for Deed, Rent w/Option

Property History tap to expand

Date Event Price Price/Sq Ft Source
07/26/2025Active$998,000$630MLSPIN
07/22/2025New$998,000$630MLSPIN
07/18/2025Active$998,000MLSPIN
07/14/2025New$998,000MLSPIN

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Seller's Representative: Cheryl Pendenza, RE/MAX Andrew Realty Services
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2025-07-26 03:05:00

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