Rare opportunity to own a versatile mixed-use property on Main Street in Reading! Live upstairs, run your business downstairs, and build equity under one roof. The street-level commercial space is currently configured as a turnkey salon featuring four styling stations, shampoo sinks, dryers, storage, and a half bath. The flexible layout offers potential for a variety of professional uses, including an esthetician, therapist, accountant, attorney, insurance office, or other small business, subject to applicable approvals. Upstairs, the two-bedroom residence features an open kitchen with a four-seat peninsula, spacious living area, and a primary suite with a walk-in closet, spa-style bath, and private deck overlooking the fenced backyard. Owner-occupants may qualify for conventional financing options with down payments as low as 5%, subject to lender guidelines and property eligibility. Eligible build-out costs may also be financeable depending on the loan program. Whether you're an entrepreneur, professional, or investor, 400 Main Street offers a unique opportunity to combine business, lifestyle, and long-term ownership in a prime Reading location!
This home has been viewed 11 times
Last Checked: October 20th, 2026 at 4:33am (Source: MLS PIN #73591423)
Gross Income: $0
Gross Expenses: $5,272
Net Income Calc: $5,272
Water Views
Annual Expenses for 400 Main St, Reading MA 01867
Total Gross Expenses (Calculated)$5,272/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax5272
Annual Income & Unit Breakdown for 400 Main St, Reading MA 01867
Total Gross Income (Calculated)$0
Unit 1
Rental Income$0
LeaseN
Bedrooms0
Bathrooms1 Half
Floor1
Levels in Unit1
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor2
Levels in Unit1
Rent Includes
General Information for 400 Main St, Reading MA 01867
Listing ID73591423
Property TypeMulti Family
Price799000 ($498.44/SqFt)
StyleMulti Family
CityReading
CountyMiddlesex
Neighborhood(s)
Approximate Living Area Total1603
Approximate Lot Size (Acres)0.06
Total Parking4
Garage Parking0
Year Built1963
Year Built SourcePublic Records
Year Built DetailsActual
WaterPublic
SewerPublic Sewer
Electric
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction MaterialsFrame
Lot Features
Foundation Description
Accessible Features
Outdoor SpaceCovered
ZoningBUSB
Water ViewsNo
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 400 Main St, Reading MA 01867
Lead PaintNone
UFFI
Living Area Includes BasementYes
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsSurveillance Devices
Financial Data Source
Total Gross Expenses By Broker
Total Gross Income By Broker
Total Net Income By Broker
Short Sale / Forclosure (Bank Owned)
Compensation Based On
Financial Information for 400 Main St, Reading MA 01867
Real Estate Taxes5272
Tax Year2026
Assessed Value$420,100
Financial Data Source
Total Gross Expenses By Broker
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker
BostonRealEstate.com Gross Income
Total Net Income By Broker
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
Location Information for 400 Main St, Reading MA 01867
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 400 Main St, Reading MA 01867