24 Park St, Wakefield MA 01880

Wakefield, MA 01880
$1,200,000
Est. $6,387/month
8
Beds
5
Baths
3,613
Sq Ft
$332
Price/Sq Ft
0.14
Acres
1885
Year Built
Multi Family
Type
13 hours 50 minutes
Time on Market
Active Listed Sep 26, 2025 • MLS# 73435837

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!

Facts & Features

Property Overview

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

Interior Features

Flooring
Wood, Tile, Laminate, Pine, Stone/Ceramic Tile
Heating
Forced Air, Oil, Electric
Has Heating
Yes
Cooling
Window Unit(s), Wall Unit(s)
Has Cooling
Yes
Fireplace Features
Gas
Has Fireplace
Yes
Number of Fireplaces
2
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
Basement Details
Partially Finished, Bulkhead
Window Features
Insulated Windows

Exterior & Structure

Construction Materials
Stone
Roof
Shingle
Foundation
Stone
Exterior Features
Balcony/Deck, Rain Gutters, Garden
Patio/Porch Features
Deck, Deck - Wood
Fencing
Fenced/Enclosed, Fenced
Has Spa
No
View
City View(s)
Has View
Yes
Waterfront Property
No

Lot & Land

Lot Size
0.14 acres
Lot Size
6,085 sq ft
Lot Size Area
0.1400
Lot Features
Zero Lot Line, Level
Road Surface Type
Paved
Road Frontage Type
Public

Parking & Garage

Garage Spaces
2
Has Garage
Yes
Total Non-Garage Parking Spaces
8
Parking Features
Paved Drive, Off Street, Tandem, Common, Paved
Covered Parking Spaces
2

Utilities & Systems

Utilities Available
for Gas Range, for Electric Range, for Gas Oven, for Electric Oven
Water Source
Public
Sewer
Public Sewer
Electric
Circuit Breakers, 200+ Amp Service, Individually Metered

Community & HOA

Community Features
Public Transportation, Shopping, Park, Walk/Jog Trails, Laundromat, Bike Path, Highway Access, House of Worship, Public School, T-Station, Sidewalks
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$13,105
Tax Year
2025
Tax Assessed Value
$1,154,600
Parcel Number
M:000017 B:0200 P:000051,818517
Zoning
GR

Additional Details

Year Built Source
Public Records
Year Built Details
Actual
Disclosures
Unit #2 - 3rd flloor room currently utilized and listed as bedroom does not have a closet.

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

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Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $1,092
Homeowners Insurance $200
PMI $0

Property History

Property Timeline

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

Price & Status History

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

Market Statistics

Time on Market
13 hours 50 minutes
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

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