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20 W Water St

Wakefield, MA 01880
$1,275,000
4 Beds
4 Baths
3,347 Living Area
  • Property Description
    Fabulous investment opportunity. Well maintained Wakefield four family building. 4 well laid out 1 bedroom apartments. All separate utilities. The unit have various layouts and function very well as rental apartments. The property is well sited in a great location between downtown and North Ave commuter rail station. The building is fully leased. Dual driveways provide ample parking for 8+ vehicles. Coin op laundry.
  • Highlights
    • Heating: Natural Gas, Oil
    • Parking Spots: 8
    • Property Type: 4 Family - 4 Units Up/Down
    • Total Rooms: 13
    • Status: Active
    • Levels: 5
    • Property Class: Residential Income
    • Stories: 5
    • Year Built: 1893
  • Additional Details
    • Appliances: Washer, Dryer, Range, Refrigerator
    • Construction: Frame
    • Flooring: Wood, Plywood, Vinyl, Carpet, Varies, Hardwood
    • Foundation Area: 1848
    • Lot Features: Cleared, Gentle Sloping
    • Roof: Shingle
    • Total Number of Units: 4
    • Year Built Source: Public Records
    • Basement: Full, Interior Entry, Concrete, Unfinished
    • Exclusions: Tenants Personal Property
    • Foundation: Stone, Irregular
    • Interior Features: Laundry Room, Bathroom with Shower Stall, Living Room, Kitchen
    • Road Frontage Type: Public
    • SqFt Source: Public Record
    • Year Built Details: Approximate
    • Zoning: B
  • Amenities
    • Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Laundromat, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station, Sidewalks
    • Parking Features: Paved Drive, Off Street, Common, Driveway, Paved
  • Utilities
    • Electric: Circuit Breakers
    • Water Source: Public
    • Sewer: Public Sewer
  • Fees / Taxes
    • Assessed Value: $929,600
    • Tax Year: 2025
    • Total Rent: $8,640
    • Rental Fee Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water), Unit 4(Water)
    • Taxes: $10,551

Location

20 W Water St, Wakefield, MA 01880

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Content © 2026 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records. Listing information provided courtesy of Barrett, Chris. J., REALTORS®. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
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