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53-55 Albion St

Wakefield, MA 01880
$1,005,000
4 Beds
2/1 Baths
3,852 Living Area
  • Property Description
    Business zoned downtown mixed use building in the Albion Street Wakefield business district. Three unit building includes 2 residential rental apartments with a beautifully fit out 1,650 +- retail space. The expansive sales floor is 47X25 and includes a L shaped service counter, a 15X7 office,18X9 storage room, newer kitchenette, half bath, plus a 13X16 step up rear storage area. The 2nd floor is a leased 4 room, 1 bedroom apartment. The top floor 3 bedroom unit is freshly painted and renovated with a new kitchen and appliances, all new windows, laminate floors and doors. The building has a "walk score" of 87 and is located less than 1/3 of a mile to commuter rail and or downtown shops and restaurants.
  • Highlights
    • Cooling: Central Air, None
    • Heating: Forced Air, Natural Gas, Individual
    • Property Type: Multi Family
    • Year Built: 1900
    • Has View: Yes
    • Property Class: Residential Income
    • Total Rooms: 12
    • Status: Closed
  • Additional Details
    • Appliances: Refrigerator, Range
    • Construction: Frame
    • Foundation: Stone, Irregular, Other
    • Interior Features: Storage, Open Floorplan, Remodeled, Internet Available - DSL, Office/Den, Living Room, Kitchen
    • Road Frontage Type: Public
    • Total Number of Units: 3
    • Year Built Details: Approximate
    • Zoning: B
    • Basement: Full, Crawl Space, Interior Entry, Concrete, Unfinished
    • Flooring: Wood, Tile, Vinyl, Carpet, Varies, Laminate, Stone/Ceramic Tile
    • Foundation Area: 1710
    • Lot Features: Zero Lot Line, Level
    • Roof: Shingle
    • View: City View(s)
    • Year Built Source: Public Records
  • Amenities
    • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Public School, T-Station, Sidewalks
    • Security Features: Security System
  • Utilities
    • Electric: Circuit Breakers, Common, Individually Metered, Varies per Unit
    • Water Source: Public
    • Sewer: Public Sewer
  • Fees / Taxes
    • Assessed Value: $699,500
    • Compensation Based On: Net Sale Price
    • Tax Year: 2024
    • Total Rent: $1,850
    • Buyer Agent Compensation: 2%
    • Rental Fee Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water)
    • Taxes: $9,770

Location

53-55 Albion 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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