Property Description

Attention savvy investors and owner-occupants! Discover this incredible value-add opportunity at 293 Albion St, a rare two-family home situated in the highly desirable West Side of Wakefield. This property offers a wealth of classic character with hardwood floors throughout and soaring high ceilings that create an airy, spacious feel. The first-floor unit features three large rooms and one bedroom. The massive second-floor unit is truly exceptional, offering nine rooms and five bedrooms, making it perfect for a large household or an investor looking to maximize rental returns in a high-demand market. The location is unbeatable for commuters, with close proximity to the Commuter Rail station, the Wakefield/Reading bus stop, and quick access to Routes 128/95 and 93. Enjoy the lifestyle benefits of being moments away from scenic Lake Quannapowitt and the vibrant shopping and dining in downtown Wakefield. Bring your vision and custom updates to unlock the full potential of this expansive W

Property Details tap to expand

Building Information

  • Total Units: 2
  • Total Floors: 3
  • Total Bedrooms: 6
  • Total Full Baths: 2
  • Total Fireplaces: 1
  • Basement Features: Bulkhead, Full
  • Common Rooms: Kitchen, Living Room
  • Common Interior Features: Crown Molding
  • Common Appliances: Disposal, Range
  • Common Heating: Electric Baseboard, Oil, Radiant

Financial

  • APOD Available: No

Utilities

  • Electric Info: 110 Volts, On-Site
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: No
  • Floors: 2
  • Levels: 2

Construction

  • Year Built: 1900
  • Type: 2 Family - 2 Units Up/Down
  • Foundation Info: Poured Concrete
  • Flooring Type: Hardwood
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73501978
  • Last Updated: 04/16/26
  • Terms: Contract for Deed, Rent w/Option

Property History tap to expand

Date Event Price Price/Sq Ft Source
04/15/2026New$849,000$437MLSPIN

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Seller's Representative: DNA Realty Group, Keller Williams Realty
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 2026-04-16 09:33:00