24 Park St, Wakefield MA 01880
Wakefield, MA 01880
$1,200,000
$1,130,000
Est. $7,101/month
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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!
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Recently Sold Nearby
Property History
Market Insights
2
Price Changes
5.8%
Price Range
Property Timeline
Price Reduced
Aug 13, 2026
$1,130,000
$20,000
(-1.74%)
From $1,150,000 to $1,130,000 (-1.7%)
Price Reduced
Jun 18, 2026
$1,150,000
$50,000
(-4.17%)
From $1,200,000 to $1,150,000 (-4.2%)
Listed for Sale
Jun 3, 2026
$1,200,000
Original listing
Agent: James Fitzgerald
Office: Barrett, Chris. J., REALTORS®
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 08/13/2026 | ↓ Price Reduced | $1,130,000 | $20,000 | - | From $1,150,000 to $1,130,000 (-1.7%) |
| 06/18/2026 | ↓ Price Reduced | $1,150,000 | $50,000 | - | From $1,200,000 to $1,150,000 (-4.2%) |
| 06/03/2026 | 🏠 Listed for Sale | $1,200,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2026 | $14,251 | $1,213,900 |
Financial Details
Annual Property Tax
$14,251
Tax Year 2026
Assessed Value
$1,213,900
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
Stories
5
Bedrooms
8
Full Baths
5
Total Rooms
17
Investment Metrics
Units
2
Unit 1 Rent
— · Y
Unit 2 Rent
— · N
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, Sump Pump, Unfinished
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
$14,251
Assessed Value
$1,213,900
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Lead Paint
Yes
Seller Disclosures
Unit #2 - 3rd Floor Room Currently Utilized And Listed As Bedroom Does Not Have A Closet.
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
House Color
yellow
Sq Ft Source
Public Record
Documents
None
County
Middlesex
Total market time (incl. prior listings)
75 days
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
Floor Layout
Interactive room guide
Floor Layout
Finished Area
3,613 sq ft above grade
Display Options
Outdoor Areas
Patio & porchDeck, Deck - Wood
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
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, Sump Pump, Unfinished
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
Nearby Schools
School District
Wakefield School District local
A-
School Safety
2024-25
0.5%
Low
0.5%
Suspensions
0.3%
In-School
5.0% below state avg
Elementary Schools
3 schools
St. Joseph Elementary School
0.6 mi
Grades PK-08
B+
Walton School
0.8 mi
|
#293 of 824
|
Score: 51.0
Improved 131 spots from last year
-7.3 below state avg
218 students
Less Diverse
Rising School
Grades K-04
A
Dolbeare School
0.9 mi
|
#153 of 824
|
Score: 57.0
Improved 41 spots from last year
-1.2 below state avg
443 students
Less Diverse
Rising School
Grades K-04
Middle Schools
3 schools
A-
Galvin Middle School
0.5 mi
|
#79 of 352
|
Score: 52.1
Improved 5 spots from last year
-6.1 below state avg
1,056 students
Moderate
Strong Attendance
Grades 05-08
B+
Stoneham Central Middle School
2.0 mi
|
#132 of 352
|
Score: 46.3
Dropped 33 spots from last year
-11.9 below state avg
689 students
Moderate
Grades 05-08
A
Lynnfield Middle School
2.2 mi
|
#58 of 352
|
Score: 55.5
Improved 34 spots from last year
-2.7 below state avg
698 students
Moderate
Rising School
Strong Attendance
Grades 05-08
High Schools
3 schools
EMARC - Life Choices & Employment Services
0.2 mi
Grades 09-12
Nazareth Academy
0.7 mi
Grades 09-12
A-
Wakefield Memorial High School
1.5 mi
|
#79 of 346
|
Score: 62.6
Improved 16 spots from last year
+4.4 above state avg
854 students
Moderate
18 sports
• 1,930 athletes
High Graduation Rate
College Ready Curriculum
Strong Athletics
Grades 09-12
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Monthly Payment
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Principal, interest, taxes & insurance
Loan Amount
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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
$1,188
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
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Current Rate
$0/mo
+0.5% Rate
$0/mo
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Payment Over Time
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
24 Park St, Wakefield MA 01880
Wakefield, MA 01880
Listing Information
Listing Agent
James Fitzgerald
Listing Office
Barrett, Chris. J., REALTORS®
Office Phone
781-245-5011
Agent MLS ID
CN230700
Office MLS ID
B50201
Listing Data Updated
Aug 17, 2026 3:05 AM 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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