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20 Otis St, Wakefield MA 01880

Wakefield, MA 01880
$939,900
Est. $5,612/month
4
Beds
2
Baths
2,858
Sq Ft
$329
Price/Sq Ft
0.11
Acres
1800
Year Built
3
Parking
13 hours 6 minutes
Time on Market
Active Open House Listed Jul 8, 2026 • MLS# 73546627 Copied! • Updated Jul 8, 2026

Open House Schedule

10
Jul
Friday, July 10
4:00 PM - 5:30 PM EDT
11
Jul
Saturday, July 11
10:00 AM - 11:30 AM EDT
12
Jul
Sunday, July 12
11:00 AM - 12:30 PM EDT

About this home

Turnkey 2-unit investment in Wakefield! Major systems already updated — new windows (2022), upgraded electrical service, and Unit 2's heating converted from oil to gas. Unit 1 features a fully remodeled bath, refreshed kitchen, and a bonus room that qualifies as a 2nd bedroom (2BR total). Unit 2 offers new appliances, water heater, and refinished cabinets. New vinyl fencing adds privacy and curb appeal. Both units are vacant — ideal for an owner-occupant looking to live in one unit and rent the other, or an investor ready to set fresh market rents from day one. Updated, low-maintenance, and priced with room to grow!

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A free agent CMA factors in condition, upgrades, and the street — the things comps alone can't see.

Recently Sold Nearby

Property History

Property Timeline

🏠
Listed for Sale
Jul 8, 2026
$939,900
Original listing
Agent: Tzortzis Lane Group Office: Coldwell Banker Realty - Ipswich

Tax History

Year Taxes Assessment
2025 $7,911 $697,000

Financial Details

Annual Property Tax
$7,911
Tax Year 2025
Assessed Value
$697,000

Facts & Features

Home Facts

Type Residential Income
Style Multi Family
Year Built 1800
Living Area 2,858 sq ft
Lot Size 0.11 acres
Bedrooms 4
Full Baths 2
Total Rooms 11

Investment Metrics

Units 2
Unit 1 Rent — · N
Unit 2 Rent — · N
Heating None
Cooling None
Flooring Wood, Tile, Carpet
Appliances Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Fireplace None
Basement Full, Partially Finished, Walk-out Access
Laundry Gas Dryer Hookup, Electric Dryer Hookup
Features Ceiling Fan(s), Bathroom With Shower Stall, Bathroom With Tub & Shower, Living Room, Kitchen, Office/den
Construction Frame
Architecture None
Roof Shingle
Features Balcony/deck
Pool None
Spa None
Fencing Fenced/enclosed
Patio/Porch Deck - Wood
Features Paved Drive, Off Street, Tandem
Total Spaces 3
Electric 100 Amp Service, Individually Metered
Water Public
Sewer Public Sewer
Gas None
Other For Gas Oven, For Electric Oven, For Gas Dryer, For Electric Dryer

Financial

Annual Tax $7,911
Assessed Value $697,000
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures None
Possession None
Accepted Financing None
Structure Type []
Sq Ft Source Measured
Sq Ft Disclosures Floor Plans Are for Marketing Purposes Only. Buyers to do their own due diligence.
Documents None
County Middlesex

Property Overview

Property Type
Multi Family
Listing Type
For Sale
Year Built
1800
Bedrooms
4
Full Bathrooms
2
Living Area
2,858 sq ft
Total Rooms
11
Stories
4
Levels
4

Room Details

Other Floor

Bathroom1
Bedroom5
Bedroom4
Bedroom3
Dining Room
Kitchen
Bathroom2
Bedroom2
Living Room
Bathroom3
Master Bedroom
Office
Family Room
Master Bathroom

Interior Features

Flooring: Wood, Tile, Carpet
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Interior Features: Ceiling Fan(s), Bathroom with Shower Stall, Bathroom With Tub & Shower, Living Room, Kitchen, Office/Den
Windows:
Basement: Full, Partially Finished, Walk-Out Access
Laundry: Gas Dryer Hookup, Electric Dryer Hookup
Security:

Construction & Materials

Year Built: 1800
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Stone
Stories: 4

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water: Natural Gas, Electric
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Balcony/Deck
Patio & Porch: Deck - Wood
Fencing: Fenced/Enclosed
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Total Parking Spaces: 3
Parking Features: Paved Drive, Off Street, Tandem

Nearby Schools

School information not available for this location.

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $659
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Location

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Neighborhood

20 Otis St, Wakefield MA 01880

Wakefield, MA 01880

Listing Information

Listing Agent Tzortzis Lane Group
Listing Office Coldwell Banker Realty - Ipswich
Office Phone 603-334-1900
Agent MLS ID TM356425
Office MLS ID AN8678
Listing Data Updated Jul 8, 2026 8:26 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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Steven Novak
Steven Novak
BMN Boston Real Estate
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Steven Novak

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BMN Boston Real Estate

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