Active
151 Days on market
11 Linden Street Reading — Photo 1 of 31

11 Linden Street Reading — Photo 1 of 31

Recent Drop: $150,000

$1,149,000
$999,000

$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.

View Standard Listing

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

Original Price$1,149,000
Annual Taxes$11,157

Parking

Garage2
Off-Street4

Interior Specifications

Total Rooms11
FireplacesNone
Flooring--
BasementUnfinished

Climate & Utilities

Heating--
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionSee Remarks
RoofOther
FoundationOther
ZoningBUSB

Property & Lot

Acres0.13
SqFt Lot5,467
Lot Features--

Geography

Property History

Price Drop
$999,000

Was $1,149,000

Aug 25, 2026

MLS® 73500975

Listed
$1,149,000

Apr 14, 2026

MLS® 73500975

Listed
$999,000

Feb 27, 2026

MLS® 73480772

Listing Provided By

Listing Agent: Craig Celli

Listing Office: Century 21 CELLI

MLS® Number: 73500975