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50 Albion St, Wakefield MA 01880

Wakefield, MA 01880
$990,000
Est. $6,562/month
5
Beds
2
Baths
3,341
Sq Ft
$296
Price/Sq Ft
0.20
Acres
1900
Year Built
2
Garage Spaces
43
Days on Market
Active Listed May 27, 2026 • MLS# 73524465 Copied! • Updated Jul 6, 2026

About this home

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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Recently Sold Nearby

Property History

Property Timeline

🏠
Listed for Sale
May 27, 2026
$990,000
Original listing
Agent: James Fitzgerald Office: Barrett, Chris. J., REALTORS®

Tax History

Year Taxes Assessment
2025 $16,272 $747,800

Financial Details

Annual Property Tax
$16,272
Tax Year 2025
Assessed Value
$747,800

Facts & Features

2 Car Garage
Central AC

Home Facts

Type Residential
Style Single Family Residence
Year Built 1900
Living Area 3,341 sq ft
Lot Size 0.20 acres
Bedrooms 5
Full Baths 2
Total Rooms 10

Interior

Heating Central, Hot Water, Oil
Cooling Central Air, Wall Unit(s), Ductless
Flooring Tile, Vinyl, Flooring - Wall To Wall Carpet, Flooring - Stone/ceramic Tile, Laminate
Appliances Range, Washer, Dryer
Fireplace None
Basement None
Laundry Electric Dryer Hookup
Features Lighting - Overhead, Peninsula, Lighting - Pendant, Recessed Lighting, Bonus Room, Entry Hall, Office, Finish - Sheetrock, Internet Available - Broadband, Internet Available - Satellite

Exterior

Construction Frame
Architecture Colonial
Roof Shingle
Features Deck, Rain Gutters
Pool None
Spa None
Fencing None
Patio/Porch Deck
Garage Spaces 2
Has Garage Yes
Features Attached, Under, Paved Drive, Off Street, Paved
Total Spaces 14
Electric 200+ Amp Service
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range, For Electric Oven, For Electric Dryer
Annual Tax $16,272
Assessed Value $747,800
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures None
Possession None
Accepted Financing None
Structure Type []
Sq Ft Source Public Record
Documents None
County Middlesex
Total market time (incl. prior listings) 40 days

Property Overview

Property Type
Single Family Residence
Listing Type
For Sale
Year Built
1900
Bedrooms
5
Full Bathrooms
2
Living Area
3,341 sq ft
Total Rooms
10

Room Details

First Floor

Bathroom1
5.5 x 10
Bathroom - Full

Second Floor

Bedroom3
11.75 x 14
Flooring - Hardwood, Lighting - Overhead
Kitchen
15.5 x 13
Ceiling Fan(s), Flooring - Laminate, Dining Area, Cabinets - Upgraded
Bathroom2
5.5 x 10
Bathroom - Full
Bedroom2
11 x 12.33
Flooring - Hardwood, Lighting - Overhead
Master Bedroom
14.5 x 13.33
Flooring - Hardwood, Lighting - Overhead
Office
8.5 x 7.25
Flooring - Stone/Ceramic Tile, Lighting - Overhead

Third Floor

Bedroom5
16.25 x 13.33
Flooring - Laminate, Lighting - Overhead
Bedroom4
12.5 x 12.75
Flooring - Laminate, Lighting - Overhead

Other Floor

Dining Room
Bathroom3
Master Bathroom

Main,First Floor

Living Room
18 x 29
Ceiling Fan(s), Flooring - Stone/Ceramic Tile, Flooring - Wall to Wall Carpet, High Speed Internet Hookup, Open Floorplan, Recessed Lighting, Remodeled, Lighting - Pendant, Lighting - Overhead
Family Room
14.5 x 12.5
Ceiling Fan(s), Flooring - Stone/Ceramic Tile, Flooring - Wall to Wall Carpet, Cable Hookup, High Speed Internet Hookup, Open Floorplan, Recessed Lighting, Remodeled, Lighting - Overhead

Interior Features

Flooring: Tile, Vinyl, Flooring - Wall to Wall Carpet, Flooring - Stone/Ceramic Tile, Laminate
Appliances: Range, Washer, Dryer
Interior Features: Lighting - Overhead, Peninsula, Lighting - Pendant, Recessed Lighting, Bonus Room, Entry Hall, Office, Finish - Sheetrock, Internet Available - Broadband, Internet Available - Satellite
Windows:
Basement:
Laundry: Electric Dryer Hookup
Security:

Construction & Materials

Style: Colonial
Year Built: 1900
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Stone
Condition: Updated/Remodeled

Heating, Cooling & Utilities

Heating: Central, Hot Water, Oil
Cooling: Central Air, Wall Unit(s), Ductless
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Deck, Rain Gutters
Patio & Porch: Deck
Fencing:
Other Structures:
Lot Features: Gentle Sloping
Road Surface: Paved

Parking & Garage

Garage Spaces: 2
Garage Type: Attached
Total Parking Spaces: 14
Parking Features: Attached, Under, Paved Drive, Off Street, Paved
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
E

Elementary Schools

3 schools
St. Joseph Elementary School
0.3 mi
Grades PK-08
B+
Walton School
0.7 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
Early Childhood Center at the Doyle School
0.8 mi
128 students Moderate
Grades PK
M

Middle Schools

3 schools
A-
Galvin Middle School
0.2 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
1.8 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
2.5 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
H

High Schools

3 schools
EMARC - Life Choices & Employment Services
0.2 mi
Grades 09-12
Nazareth Academy
0.9 mi
Grades 09-12
A-
Wakefield Memorial High School
1.4 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 Breakdown

Principal & Interest $0
Property Tax $1,356
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

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

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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.

Location

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Neighborhood

50 Albion 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 Jul 6, 2026 1:19 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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BMN Boston Real Estate

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