$990,000
5
Beds
2
Baths
3,341
Living Area
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Property Description
Searching for an investment providing exceptional flexibility with virtually limitless residential and commercial uses, all packaged within a single asset? Look no further than 50 Albion St. Situated along a high-traffic corridor steps from Wakefield Center, this versatile space features a first floor open-concept floor plan, suitable for a variety of uses, including boutique retail, café, medical, legal, or professional services. With five bedrooms on the second and third floors, coupled with a full kitchen and full bath, it offers live-work potential, perfect for entrepreneurs desiring the convenience of living and operating a business within the same property. Residents and business owners alike can enjoy convenient access to schools, banks, a library, parks, eateries, coffee shops, and other local amenities, all within walking distance. Add parking for more than a dozen vehicles, a short walk to Boston's commuter rail and easy access to major highways, and this becomes a must see!
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Highlights
- Cooling: Central Air, Wall Unit(s), Ductless
- Parking Spots: 14
- Property Type: Single Family Residence
- Total Rooms: 10
- Status: Active
- Heating: Central, Hot Water, Oil
- Property Class: Residential
- Style: Colonial
- Year Built: 1900
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Additional Details
- Appliances: Range, Washer, Dryer
- Exterior Features: Deck, Rain Gutters
- Foundation: Stone
- Lot Features: Gentle Sloping
- Roof: Shingle
- Year Built Details: Actual
- Zoning: B
- Construction: Frame
- Flooring: Tile, Vinyl, Flooring - Wall to Wall Carpet, Flooring - Stone/Ceramic Tile, Laminate
- Interior Features: Lighting - Overhead, Peninsula, Lighting - Pendant, Recessed Lighting, Bonus Room, Entry Hall, Office, Finish - Sheetrock, Internet Available - Broadband, Internet Available - Satellite
- Road Frontage Type: Public
- SqFt Source: Public Record
- Year Built Source: Public Records
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Amenities
- Community Features: Public Transportation, Shopping, Park, Laundromat, Bike Path, Highway Access, House of Worship, Public School, T-Station, Sidewalks
- Parking Features: Attached, Under, Paved Drive, Off Street, Paved
- Covered Parking Spaces: 2
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Utilities
- Electric: 200+ Amp Service
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $747,800
- Taxes: $16,272
- Tax Year: 2025
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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.