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24 W Water St

Wakefield, MA 01880
$975,000
5 Beds
2 Baths
2,470 Living Area
  • 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.
  • Highlights
    • Heating: Baseboard, Natural Gas
    • Parking Spots: 5
    • Property Type: Multi Family
    • Total Rooms: 12
    • Status: Closed
    • Levels: 3
    • Property Class: Residential Income
    • Stories: 3
    • Year Built: 1900
  • Additional Details
    • Appliances: Range, Dishwasher, Disposal, Microwave, Washer, Dryer, Wine Refrigerator, Refrigerator
    • Exterior Features: Balcony/Deck, Rain Gutters
    • Foundation: Stone, Brick/Mortar
    • Lot Features: Level
    • Roof: Shingle
    • Total Number of Units: 2
    • Year Built Source: Public Records
    • Basement: Full
    • Flooring: Tile, Carpet, Hardwood, Stone/Ceramic Tile
    • Interior Features: Ceiling Fan(s), Bathroom With Tub & Shower, Storage, Upgraded Cabinets, Upgraded Countertops, Living Room, Dining Room, Kitchen, Sunroom
    • Road Frontage Type: Public
    • SqFt Source: Measured
    • Year Built Details: Actual
    • Zoning: B
  • Amenities
    • Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Highway Access, Public School, T-Station
    • Waterfront Features: Lake/Pond, Walk to, 3/10 to 1/2 Mile To Beach
    • Parking Features: Paved Drive, Off Street
  • Utilities
    • Electric: Circuit Breakers
    • Water Source: Public
    • Sewer: Public Sewer
  • Fees / Taxes
    • Assessed Value: $816,000
    • Taxes: $9,579
    • Tax Year: 2026
    • Total Rent: $5,350

Location

24 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 Gibson Sotheby's International Realty. 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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