Active
1 Days on market
38 Park Ave Reading — Photo 1 of 28

38 Park Ave Reading — Photo 1 of 28

$649,900

38 Park Ave, Reading, MA 01867

Reading, MA 01867

Investor Analysis

Beds

4

Baths

2

SqFt

2,094

Style

Single Family

Built

1960

Ideally located, 38 Park Avenue offers an exciting opportunity to create a home that reflects your personal style. Nestled toward the end of a dead-end street, this inviting home sits on a flat 0.24-acre lot, immediately adjacent to conservation land with scenic trails. Step inside to a welcoming fireplaced living room that flows seamlessly into the kitchen and dining area. The main level features a primary suite, an additional bedroom, a full bathroom, and a bright three-season sunroom. Upstairs, you’ll find two additional bedrooms and another full bathroom. The lower level provides excellent potential for expanded living space, featuring plumbing for an additional bathroom, a bar area, and a dedicated laundry space. To top it off, this property is located in an amazing commuter location with MBTA access and major highway routes. Bring your vision and unlock the full potential of this inviting property! *Offer Deadline: Tuesday 09/22/2026 at 12:00 noon.*

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$310/sqft
Local Avg (Reading)$462/sqft
33% BelowMarket Average

* Analysis is based on 24 actively listed and recently sold comparable properties strictly within Reading, MA.

Property Details

Financials

Original Price$649,900
Annual Taxes$7,987

Parking

Garage0
Off-Street4

Interior Specifications

Total Rooms6
Fireplaces1
FlooringTile, Hardwood
BasementPartial

Climate & Utilities

HeatingBaseboard, Natural Gas
CoolingWindow Unit(s)
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter
ZoningS15

Property & Lot

Acres0.24
SqFt Lot10,476
Lot Features--

Amenities & Appliances

Gas Water Heater • Range • Dishwasher • Microwave • Refrigerator • Washer • Dryer

Neighborhood

Public Transportation • Walk/Jog Trails • Highway Access • Public School

Geography

Floorplan Breakdown

Structural Layout

Second
Bedroom 3Bedroom 4Bathroom 2
First
Living RoomDining RoomKitchenPrimary BedroomBedroom 2Bathroom 1
Living Room
Lvl First
Dining Room
Lvl First
Kitchen
Lvl First
Primary Bedroom
Lvl First
Bedroom 2
Lvl First
Bedroom 3
Lvl Second
Bedroom 4
Lvl Second
Bathroom 1
Lvl First
Bathroom 2
Lvl Second

Population

25,612

U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)

Median Household Income

$166K

U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)

Renter-Occupied Homes

17.6%

U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)

New Construction Permits — Middlesex County

2,698 housing units permitted in the last 12 months (+3% vs the prior 12 months) — 1,713 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Jul '26)

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 2,094 sq ft principal dwelling). Lot size: 10,476 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.

Listing Provided By

Listing Agent: Santana Team

Listing Office: Keller Williams Realty Boston Northwest

MLS® Number: 73577945

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