4 Wiley Pl, Wakefield, MA 01880
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$539,900
2 Unit
3 Beds
2 Baths
1878 SQFT
0.12 Acre

Property Description

Looking for an investment property or a chance to build sweat equity? BRING YOUR CONTRACTORS! This two-family home offers tremendous potential in a sought-after Wakefield location just a short distance to downtown amenities — including Lake Quannapowitt, restaurants, shopping, and public transportation. The first-floor unit features two bedrooms and a spacious step-down living room with great natural light. The second unit offers one bedroom, in-unit laundry, generous living space, and additional storage on the third floor — providing flexibility and expansion possibilities. Situated on a sizable corner lot, the property offers ample outdoor space ideal for gardening, entertaining, or future improvements. Bring your vision and your contractor — this is a value-add opportunity in a strong market.

Property Details tap to expand

Building Information

  • Total Units: 2
  • Total Floors: 3
  • Total Bedrooms: 3
  • Total Full Baths: 2
  • Amenities: Highway Access, Laundromat, Marina, Park, Public School, Public Transportation, Shopping, Walk/Jog Trails
  • Basement Features: Unfinished Basement
  • Common Rooms: Family Room, Kitchen, Living Room, Office/Den
  • Common Appliances: Dishwasher, Refrigerator, Washer, Washer Hookup
  • Common Heating: Extra Flue, Gas, Gas, Heat Pump, Hot Air Gravity, Hot Water Baseboard
  • Common Cooling: None

Financial

  • APOD Available: No
  • Gross Operating Income: 19200
  • Net Operating Income: 19200

Utilities

  • Electric Info: 100 Amps, Other (See Remarks)
  • Utility Connections: Washer Hookup, for Gas Range
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 2
  • Levels: 2

Construction

  • Year Built: 1900
  • Type: 2 Family - 2 Units Up/Down
  • Construction Type: Aluminum, Frame
  • Foundation Info: Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Hardwood
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73518789
  • Last Updated: 06/09/26
  • Terms: Contract for Deed, Rent w/Option

Property History tap to expand

Date Event Price Price/Sq Ft Source
06/09/2026Price Change$539,900$287MLSPIN
06/02/2026Active$599,900$319MLSPIN
05/29/2026Back on Market$599,900$319MLSPIN
05/20/2026Contingent$599,900$319MLSPIN
05/18/2026Active$599,900$319MLSPIN
05/14/2026New$599,900$319MLSPIN

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Seller's Representative: Theo Carmone, Colonial Manor 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 2026-06-09 15:26:00