Property details
About 246 Walnut St
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.
Highlights
(New)
Summary
- List Price: $998,000
- Annual Tax Amount: $8,795
- Tax Year: 2024
- Lot: Wetlands, Wooded, Cleared
- Directions: South Street to Walnut
- Lot Size: 2 Acres
- MLS Number: 73404109
- MLS Name: MLS Property Information Network
- Office Name: RE/MAX Andrew Realty Services
- Office Phone: (781) 395-7676
- Listing Agent: Cheryl Pendenza
Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/14/2025, 6:45:27 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jul 01, 2022 | Home Sold | $749,000 |
| Sep 20, 2002 | Home Sold | $274,900 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $750,400 | $8,795 |
| 2023 | $676,700 | $8,520 |
| 2022 | $615,200 | $8,201 |
| 2021 | $593,200 | $8,192 |
| 2020 | $564,500 | $7,875 |
| 2019 | $537,900 | $7,654 |
History based on county public records data.
Nearby schools
8
Joshua Eaton Elementary School
Public District KG-5
0.8 mi
•365 Summer Ave
6
Robin Hood Elementary School
Public District PK-4
0.8 mi
•70 Oak St
8
Alice M. Barrows Elementary School
Public District KG-5
1.3 mi
•16 Edgemont Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $108,209. Typical income of Reading, MA residents is between $100k-200k annually. Typical family type is married, with kids. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Skiing/snowboarding
Men's Tennis- Tennis
Where do the neighbors shop?
Nordstrom
Bloomingdales
Brooks Brothers
Where do the neighbors go to eat?
California Pizza Kitchen
Bonefish Grill
Qdoba
What do the neighbors drive?
BMW
Lexus
Acura
What do the neighbors listen to?
Talk/Personality
News
Sports
Frequently asked questions
About 246 Walnut St
The listing price of 246 Walnut St property is $998,000.
The property 246 Walnut St is land located in Reading, Massachusetts, 01867.
Active Listing: 246 Walnut St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 246 Walnut St are: Joshua Eaton Elementary School (GreatSchools Rating 8/10), Robin Hood Elementary School (GreatSchools Rating 6/10), Alice M. Barrows Elementary School (GreatSchools Rating 8/10), Walter S. Parker Middle School (GreatSchools Rating 5/10), Central Middle School (GreatSchools Rating 6/10), Kennedy Middle School (GreatSchools Rating 4/10), Woburn Memorial High School (GreatSchools Rating 5/10), Reading Memorial High School (GreatSchools Rating 8/10), Stoneham High School (GreatSchools Rating 6/10).
According to the records, the last property tax for 2024 is $8,795 (source: MLS/based on county public records data).
The last sale was on July 1, 2022 for $749,000 (source: MLS/tax record).
The property 246 Walnut St is 2 acres.
This home is located at 246 Walnut St in Reading, MA and zip code 01867. Features: 0 bathroom. It has been listed on Rocket Homes since July 14, 2025 and is currently priced at $998,000.
While more than 21 listings in Reading, MA in June 2025 were sold above asking price, there were more than 0 listings sold at asking price, and more than 6 were sold below. Between May and June 2025, Reading, MA real estate market has seen decrease in the number of listings by 7.1%. While the average time on the market in June 2025 was 17 days, the median list price was $804,000.