Active
87 Days on market
79 Orange Street Reading — Photo 1 of 42

79 Orange Street Reading — Photo 1 of 42

$1,200,000

Investment Analysis — 79 Orange Street

Reading, MA 01867

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 4-bedroom in 01867 carries an estimated $3,470/mo in gross rent — about a 1.82% cap rate and $21,802/yr in estimated NOI at the $1,200,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

4

Baths

2

SqFt

2,836

Style

Single Family

Built

1925

Move right in and enjoy this stunning Georgian Colonial, located near downtown, the commuter rail, and major highway access. Cherished by the same family for decades, this bright and spacious home is filled with character and charm, featuring generous room sizes, soaring ceilings, and rich original woodwork throughout. A stunning center staircase creates an unforgettable first impression. The flexible floor plan offers four bedrooms and two full baths, with two bedrooms and a full bath on each level., with walk-in closets. An open second-floor landing provides space for a home office, reading nook, or sitting area. The inviting kitchen features a cozy breakfast nook. The lower level offers additional versatile space for a family room, exercise area, office, or guest accommodations. Outside, enjoy a private fenced yard and the convenience of a two-car garage. Rare opportunity to own a home that seamlessly blends timeless character with everyday functionality.

ADU Potential

Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 900 sq ft (the lesser of 900 sq ft or half the 2,836 sq ft principal dwelling). Lot size: 11,313 sq ft.

Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.

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$1,200,000
Annual Taxes$9,844

Parking

Garage2
Off-Street6

Interior Specifications

Total Rooms8
Fireplaces2
FlooringHardwood
BasementFull

Climate & Utilities

HeatingHot Water, Natural Gas
CoolingWindow Unit(s)
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationBlock
ZoningS15

Property & Lot

Acres0.26
SqFt Lot11,313
Lot FeaturesCorner Lot

Amenities & Appliances

Range • Dishwasher • Microwave • Refrigerator • Washer • Dryer

Neighborhood

Public Transportation • Shopping

Geography

Floorplan Breakdown

Structural Layout

Second
Bedroom 2Bedroom 3Bathroom 2
First
Dining RoomKitchenMaster BedroomBedroom 4Bathroom 1
Basement
Family RoomBedroom 5
Main,First
Living Room
Living Room
Lvl Main,First

19 x 13

Flooring - Hardwood, Open Floorplan

Dining Room
Lvl First

17 x 14

Flooring - Hardwood

Kitchen
Lvl First

16 x 14

Flooring - Laminate, Dining Area

Family Room
Lvl Basement

21 x 13

Flooring - Wall to Wall Carpet

Master Bedroom
Lvl First

13 x 12

Flooring - Hardwood

Bedroom 2
Lvl Second
Bedroom 3
Lvl Second

Flooring - Hardwood

Bedroom 4
Lvl First

Flooring - Hardwood

Bedroom 5
Lvl Basement

17 x 13

Closet, Flooring - Wall to Wall Carpet

Bathroom 1
Lvl First

Bathroom - Full

Bathroom 2
Lvl Second

Bathroom - Full

Listing Provided By

Listing Agent: The Kennedy Team

Listing Office: Classified Realty Group

MLS® Number: 73537182