$949,000
6
Beds
3
Baths
2,695
Living Area
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Property Description
Exceptional 3-family opportunity ideal for owner-occupants or investors, offering strong income potential and long-term upside. This well-maintained property is desirably located just a 4-min walk from downtown Wakefield, providing convenient access to shops, dining, and transportation. The building features ample off-street parking with 2 dedicated spaces per unit, along with valuable tenant amenities including 3 private storage units and three separate laundry hookups in the basement. The spacious first-floor unit spans the entire level, offering a generous layout. The second and third units are both townhouse-style apartments, each with two floors of living space. All units are individually metered, with tenants responsible for their own heat and electricity. The first-floor unit is currently rented below market, presenting a clear value-add opportunity through future rent optimization. This property combines location, functionality, and upside—an excellent addition to any portfolio
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Highlights
- Cooling: Window Unit(s)
- Levels: 5
- Property Class: Residential Income
- Stories: 5
- Year Built: 1880
- Heating: Baseboard, Natural Gas
- Parking Spots: 6
- Property Type: 3 Family
- Total Rooms: 12
- Status: Closed
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Additional Details
- Appliances: Range, Dishwasher, Disposal, Refrigerator
- Construction: Frame
- Interior Features: Living Room, Kitchen
- Roof: Shingle
- Total Number of Units: 3
- Year Built Source: Public Records
- Basement: Full, Walk-Out Access
- Foundation: Stone
- Lot Features: Corner Lot
- SqFt Source: Public Record
- Year Built Details: Approximate
- Zoning: B
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Amenities
- Parking Features: Off Street, Tandem
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Utilities
- Sewer: Public Sewer
- Water Source: Public
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Fees / Taxes
- Assessed Value: $769,700
- Tax Year: 2025
- Total Rent: $7,150
- Rental Fee Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water)
- Taxes: $8,736
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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 Lamacchia Realty, Inc..
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
