Property Description

Fantastic two-family opportunity in the heart of downtown Wakefield! Set on a large 12,637 sq. ft. lot, this well-maintained property offers space, updates, and an unbeatable location. Featuring 12 total rooms, 5 bedrooms, and 2 full baths, it’s ideal for investors, owner-occupants, or extended family living. Unit 1 offers 6 rooms, 2 bedrooms, and 1 bath. Unit 2 offers 6 rooms, 3 bedrooms, and 1 bath. A few of the many recent updates include a 5-year-old roof, two updated heating systems, updated electrical, and a renovated second-floor kitchen and bath. The third floor has been improved with two additional bedrooms, adding valuable living space. Enjoy a large backyard and parking for at least 5 cars non-tandem—rare for this downtown setting. Unmatched location: a short walk to commuter rail to Boston, Lake Quannapowitt, and all downtown shops, restaurants, and amenities. Easy highway access and a true walkable lifestyle make this one of Wakefield’s most desirable offerings.

Property Details tap to expand

Building Information

  • Total Units: 2
  • Total Floors: 3
  • Total Bedrooms: 5
  • Total Full Baths: 2
  • Amenities: Highway Access, Park, Public School, Public Transportation, Shopping, T-Station, Tennis Court, Walk/Jog Trails
  • Basement Features: Full
  • Common Rooms: Dining Room, Kitchen, Living Room, Sunroom
  • Common Interior Features: Bathroom With Tub & Shower, Ceiling Fans, Storage, Tile Floor, Upgraded Cabinets, Upgraded Countertops
  • Common Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Refrigerator - Wine Storage, Washer
  • Common Heating: Extra Flue, Gas, Gas, Heat Pump, Hot Air Gravity, Hot Water Baseboard

Financial

  • APOD Available: No
  • Expenses Source: Owner Provided
  • Gross Operating Income: 64200
  • Gross Expenses: 5867
  • Water/Sewer: 2000
  • INSC: 3867
  • Net Operating Income: 58333

Utilities

  • Electric Info: Circuit Breakers, Underground
  • Energy Features: Insulated Windows
  • Utility Connections: for Electric Range, for Gas Range
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: Yes
  • Floors: 2
  • Levels: 2

Construction

  • Year Built: 1900
  • Foundation Info: Brick, Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Hardwood, Tile, Wall to Wall Carpet
  • Lead Paint: Unknown
  • Year Round: Yes
  • Warranty: No

Other Information

  • MLS ID# 73502055
  • Last Updated: 04/16/26

Property History tap to expand

Date Event Price Price/Sq Ft Source
04/15/2026New$899,900$364MLSPIN

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Seller's Representative: Brian & Diana Segool, Gibson Sotheby's International 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 11:02:00