294 Water Street, Wakefield, MA 01880
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$569,000
2 Beds
2 Baths
1195 SQFT
0.07 Acre
HOA: N/A

Property Description

MIX USE opportunity awaits! Choose your own path: rental income, commercial income or make it your own beautiful home! Is a low maintenance backyard one of your check off boxes? Here it is. Imagine creating your own outdoor space with greenery, florals and a gorgeous patio! Street front Unit 1 has been rented to small businesses in the past. It is a spacious size unit, steps up to second room that has a 1/3 bath and storage area off to the left. Unit 2 is a quaint, easy to take care of two bedroom, living and kitchen apartment with archways to give this space character. Get creative with this property! Make appointment today to view what it has to offer.

Property Details tap to expand

Amenities

  • Bike Path
  • Highway Access
  • House of Worship
  • Park
  • Public School
  • Public Transportation
  • Shopping

Kitchen, Dining, and Appliances

  • Disposal, Range

Bathrooms

  • Full Baths: 1
  • Half Baths 1

Bedrooms

  • Bedrooms: 2

Other Rooms

  • Total Rooms: 6
  • Laundry Room Features: Unfinished Basement

Utilities

  • Heating: Forced Air, Gas
  • Hot Water: Electric
  • Cooling: 3 or More, Wall AC
  • Electric Info: 100 Amps, Circuit Breakers
  • Energy Features: Insulated Windows, Storm Doors
  • Utility Connections: Washer Hookup, for Electric Dryer, for Electric Oven
  • Water: City/Town Water
  • Sewer: City/Town Sewer

Garage & Parking

  • Parking Features: Off-Street, Paved Driveway
  • Parking Spaces: 2

Interior Features

  • Square Feet: 1195
  • Accessability Features: Unknown

Construction

  • Year Built: 1925
  • Type: Detached
  • Style: Other (See Remarks)
  • Construction Type: Frame
  • Foundation Info: Fieldstone
  • Roof Material: Asphalt/Fiberglass Shingles, Rubber
  • Flooring Type: Tile, Vinyl, Wall to Wall Carpet
  • Lead Paint: Unknown
  • Warranty: No

Exterior & Lot

  • Lot Description: Fenced/Enclosed, Gentle Slope, Shared Drive
  • Exterior Features: Fenced Yard, Gutters, Storage Shed
  • Road Type: Paved, Public, Sidewalk

Other Information

  • MLS ID# 73547039
  • Last Updated: 07/13/26
  • HOA: No
  • Reqd Own Association: Unknown
  • Terms: Contract for Deed

Property History tap to expand

Date Event Price Price/Sq Ft Source
07/13/2026Active$569,000$476MLSPIN
07/13/2026Active$569,000MLSPIN
07/09/2026New$569,000MLSPIN
07/09/2026New$569,000$476MLSPIN

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Seller's Representative: Margie Roberto, Classified Realty Group
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2026-07-13 03:05:00

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