$1,200,000 ($480.00 per sqft)

Est. Mortgage $6,147/mo *

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695 Pearl St, Reading, MA, 01867

695 Pearl St, Reading, MA, 01867
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8 rooms

5 beds

1 Full / 1 Half baths

1963

Cape

2,500 sqft

Abutting the scenic Bare Meadow and Mattera Trails in Reading, MA, 695 Pearl Street offers an exceptional opportunity for visionary developers or homebuyers! This property sits on a sprawling 4.97 acre lot, brimming with potential for future development. With preliminary engineering already completed, the land presents a possible subdivision opportunity into three lots, making it a prime investment for those looking to build or expand. Buyers will be responsible for securing all necessary permits, conducting further engineering, and handling utilities and related expenses. This is a rare chance to create something truly special in a beautiful, serene setting while still being close to the convenience and amenities of Reading. Whether you're looking to develop multiple properties or craft your dream home surrounded by nature, 695 Pearl Street is full of possibility. Don’t miss out on this unique opportunity!

Status:

Active

Type:

Single-family residential

Laundry Remarks:

First Floor

Zoning:

S20

Garage:

1-car Attached

Heating:

Baseboard, Oil

Cooling:

None

Basement:

Interior Entry

Parking:

6-car, Under, Garage Faces Side, Off Street

Acreage:

4.97

Est. Taxes:

$9,971

Assessment

$850,800

Utilities

for Electric Range

Lot Description:

Wooded

Amenities:

Public Transportation, Shopping, Walk/Jog Trails, Golf, Conservation Area, Highway Access, Public School, T-Station

Appliances:

Range, Washer, Dryer

MLS #:

73303783

Community Info

School Info

Walk Score

Mass Transit

Yelp

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Listing courtesy of Team Blue, ERA Key Realty Services