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Approved Single-Family Building Lot
For Sale
$499,900
Pending

349 South St, Reading, MA 01867

Newly approved lot with an issued foundation permit for a new single-family home under state affordable housing requirements.

Property SizeContact for details
Days on Market105

Property Features for 349 South St

General Information

Standard status Pending
Property subtype Land

Taxes and HOA fees

Annual Taxes $5,605
Listing Agency: Berkshire Hathaway HomeServices Commonwealth Real Estate
Listed By: Kevin Coughlin
Source: Elliman
Added: Apr 27 Changed: Aug 8 Last Checked: Apr 28 at 12:45AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Berkshire Hathaway HomeServices Commonwealth Real Estate

Investment Insights

Based on property information with market context.

This newly approved single-family building lot has a Town-approved plot plan and an issued foundation permit. Building a new home must comply with the new state affordable housing laws described in the approval, including a limit of up to 1,850 square feet of conditioned living space.

The property is located at 349 South St in Reading, Massachusetts. Walkability is described as somewhat walkable, while bikeability is described as somewhat bikeable; transit is listed as having no nearby transit.

The available information centers on the lot’s approvals and the stated conditioned-space maximum for the new home.

Key Highlights

  • Newly approved single‑family building lot with Town of Reading plot plan approval
  • Foundation permit already issued for a new single‑family home
  • State affordable housing requirements: maximum conditioned space square footage cannot exceed 1,850 SF

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Restaurant Building Supply Big Box & Wholesale Store Parking Lot & Garage Auto Repair Shop Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

527
Businesses Nearby

Demographics for 01867, MA

25,522
Population
9,895
Households
2.6
Avg Household Size
43
Median Age
65%
College-Educated
96%
High-School Grad
10.0 sq mi
ZIP Area
2,552
Density / Sq Mi
$163,407
Median Household Income
$85,600
Median Earnings
$1,722
Median Rent
$741,100
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Newly approved lot with an issued foundation permit for a new single-family home under state affordable housing requirements.
Where is this residential land & home lot located?
The property is located at 349 South St Reading, MA.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: Newly approved single‑family building lot with Town of Reading plot plan approval; Foundation permit already issued for a new single‑family home; State affordable housing requirements: maximum conditioned space square footage cannot exceed 1,850 SF
More about this property
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