
11 Linden Street Reading — Photo 1 of 31
Recent Drop: $150,000
$999,000
Investment Analysis — 11 Linden Street
Reading, MA 01867
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-unit multi-family in 01867 carries an estimated $6,630/mo in gross rent — about a 4.94% cap rate and $49,309/yr in estimated NOI at the $999,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
2
SqFt
5,210
Style
2 Family - 2 Units Up/Down
Built
1920
Investors, Owners, Developers! Opportunity to develop a gorgeous property just seps away from the Downtown Reading area. Presently a classic Funeral Home, but what can you do with it? Also listed as Commercial listing in MLS. Fantastic opportunity for a Commercial and Mixed Use zoned building. Become part of the bustling business area just off Haven Street including many new developments and restaurants. Possible uses include Multi Family, Dentists, Contractors, Investors, Lawyers, Chiropractor, Studio, Gallery, Features Include: Fantastic, Classy walk up entry. Elevator. Open Floor plan. Private Office, Kitchenette, Dining Room area, Multiple Baths and Kitchens, Garage. 3 Season sitting porch area leads to a nice backyard. Central Air. 2nd Floor Apartment. Includes 3 bedrooms, Kitchen, Full Bath and Living Room. Could be used as office area for the Main Level Use. Tremendous, Rare Opportunity. Zoned Business B District. Allowable Uses: Retail and Consumer Services, Food and Beverage, Office and Professional, Mixed Use Projects, Research and Development, Institutional and Public Uses. Other uses by Special Permit and/or Variances. Buyer to do own due diligence on Zoning/development abilities.
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Geography
Property History
$999,000
Was $1,149,000
Aug 25, 2026
MLS® 73500975
$1,149,000
Apr 14, 2026
MLS® 73500975
$999,000
Feb 27, 2026
MLS® 73480772
Listing Agent: Craig Celli
Listing Office: Century 21 CELLI
MLS® Number: 73500975
