24 Park St, Wakefield MA 01880

Wakefield, MA 01880
$1,200,000
Est. $7,360/month
8
Beds
5
Baths
3,613
Sq Ft
$332
Price/Sq Ft
0.14
Acres
1885
Year Built
72
Days on Market
Active Listed Sep 25, 2025 • MLS# 73435837 Copied!

About this home

Nestled in a prime location near downtown Wakefield, this distinctive 2-family home offers exceptional opportunities for the owner-occupant seeking supplemental rental income or the savvy investor searching for a cash-flow positive asset. This spacious home blends original touches with tasteful updates (extensive 2002 addition). The partially finished basement and 3rd level complete with 2 bedrooms, kitchen, and 3/4 bath lends itself to a multigenerational living option. Large vinyl replacement windows throughout provide an abundance of natural light creating a warm, inviting atmosphere. Both units share a large basement as well as a two-level, 800 sq. ft. detached garage- offering flexibility for storage, a workshop, or finished space to provide additional rental income and virtually limitless opportunities. Just short steps to Town Hall, local restaurants, and Lake Quannapowitt as well as easy access to public transportation and major highways, make this your next, wise investment!

Property Overview

Property Type
Multi Family
Listing Type
For Sale
Year Built
1885
Bedrooms
8
Full Bathrooms
5
Living Area
3,613 sq ft
Total Rooms
17
Stories
5
Levels
5

Facts & Features

2 Car Garage

Home Facts

Type Residential Income
Style Multi Family
Year Built 1885
Living Area 3,613 sq ft
Lot Size 0.14 acres
Bedrooms 8
Full Baths 5
Total Rooms 17

Interior

Heating Forced Air, Oil, Electric
Cooling Window Unit(s), Wall Unit(s)
Flooring Wood, Tile, Laminate, Pine, Stone/ceramic Tile
Appliances Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Fireplace Gas
Fireplaces 2
Basement Partially Finished, Bulkhead
Laundry None
Features Ceiling Fan(s), Pantry, Storage, Upgraded Countertops, Bathroom With Shower Stall, Bathroom With Tub & Shower, Slider, Internet Available - Broadband, Internet Available - Dsl, Living Room, Dining Room, Kitchen, Family Room

Exterior

Construction Stone
Architecture None
Roof Shingle
Features Balcony/deck, Rain Gutters, Garden
Pool None
Spa None
Fencing Fenced/enclosed, Fenced
Patio/Porch Deck, Deck - Wood

Parking

Garage Spaces 2
Has Garage Yes
Features Paved Drive, Off Street, Tandem, Common, Paved
Total Spaces 10

Utilities

Electric Circuit Breakers, 200+ Amp Service, Individually Metered
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range, For Electric Range, For Gas Oven, For Electric Oven

Financial

Annual Tax $13,105
Assessed Value $1,154,600

Interior Features

Flooring: Wood, Tile, Laminate, Pine, Stone/Ceramic Tile
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Interior Features: Ceiling Fan(s), Pantry, Storage, Upgraded Countertops, Bathroom with Shower Stall, Bathroom With Tub & Shower, Slider, Internet Available - Broadband, Internet Available - DSL, Living Room, Dining Room, Kitchen, Family Room
Windows: Insulated Windows
Basement: Partially Finished, Bulkhead
Laundry:
Security:

Construction & Materials

Year Built: 1885
Structure Type:
Exterior Materials: Stone
Roof: Shingle
Foundation: Stone
Stories: 5

Heating, Cooling & Utilities

Heating: Forced Air, Oil, Electric
Cooling: Window Unit(s), Wall Unit(s)
Hot Water: Natural Gas
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Balcony/Deck, Rain Gutters, Garden
Patio & Porch: Deck, Deck - Wood
Fencing: Fenced/Enclosed, Fenced
Other Structures: Barn/Stable
Lot Features: Zero Lot Line, Level
Road Surface: Paved

Parking & Garage

Garage Spaces: 2
Total Parking Spaces: 10
Parking Features: Paved Drive, Off Street, Tandem, Common, Paved

Special Features

Fireplaces: 2
Fireplace Type: Gas
View: Yes
View Type: City View(s)
Community Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Laundromat, Bike Path, Highway Access, House of Worship, Public School, T-Station, Sidewalks

Location

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Neighborhood

24 Park St, Wakefield MA 01880

Wakefield, MA 01880

Walkability

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Schools

Elementary School
Dolbeare
Rating information coming soon
Middle School
Galvin
Rating information coming soon
High School
Wmhs
Rating information coming soon

Monthly Payment Calculator

Monthly Payment
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Loan Amount
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After down payment
Total Interest
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Including down payment
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Down: $0
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $1,092
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

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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.

Property History

Property Timeline

🏠
Listed for Sale
Sep 25, 2025
$1,200,000
Original listing
Office: Barrett, Chris. J., REALTORS®

Price & Status History

Date Event Price Change
Sep 25, 2025 New Listing Added $1,200,000

Market Statistics

Days on Market
72 days
Price per Sq Ft
$332

Tax History

Year Taxes Assessment
2025 $13,105 $1,154,600

Financial Details

Annual Property Tax
$13,105
Tax Year 2025
Assessed Value
$1,154,600

Listing Information

Listing Agent James Fitzgerald
Listing Office Barrett, Chris. J., REALTORS®
Agent MLS ID CN230700
Office MLS ID B50201
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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