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24 W Water St, Wakefield MA 01880

Wakefield, MA 01880
$899,900
Est. $5,549/month
5
Beds
2
Baths
2,470
Sq Ft
$364
Price/Sq Ft
0.29
Acres
1900
Year Built
Multi Family
Type
12 hours 57 minutes
Time on Market
Active Open House Listed Apr 15, 2026 • MLS# 73502055 Copied!

About this home

Fantastic two-family opportunity in the heart of downtown Wakefield! Set on a large 12,637 sq. ft. lot, this well-maintained property offers space, updates, and an unbeatable location. Featuring 12 total rooms, 5 bedrooms, and 2 full baths, it’s ideal for investors, owner-occupants, or extended family living. Unit 1 offers 6 rooms, 2 bedrooms, and 1 bath. Unit 2 offers 6 rooms, 3 bedrooms, and 1 bath. A few of the many recent updates include a 5-year-old roof, two updated heating systems, updated electrical, and a renovated second-floor kitchen and bath. The third floor has been improved with two additional bedrooms, adding valuable living space. Enjoy a large backyard and parking for at least 5 cars non-tandem—rare for this downtown setting. Unmatched location: a short walk to commuter rail to Boston, Lake Quannapowitt, and all downtown shops, restaurants, and amenities. Easy highway access and a true walkable lifestyle make this one of Wakefield’s most desirable offerings.

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Property Overview

Property Type
Multi Family
Listing Type
For Sale
Year Built
1900
Bedrooms
5
Full Bathrooms
2
Living Area
2,470 sq ft
Total Rooms
12
Stories
3
Levels
3

Open House Schedule

18
Apr
Saturday, April 18
12:30 PM - 2:30 PM EDT
16
Apr
Thursday, April 16
4:00 PM - 6:00 PM EDT

Facts & Features

Home Facts

Type Residential Income
Style Multi Family
Year Built 1900
Living Area 2,470 sq ft
Lot Size 0.29 acres
Bedrooms 5
Full Baths 2
Total Rooms 12

Interior

Heating Baseboard, Natural Gas
Cooling None
Flooring Tile, Carpet, Hardwood, Stone/ceramic Tile
Appliances Range, Dishwasher, Disposal, Microwave, Washer, Dryer, Wine Refrigerator, Refrigerator
Fireplace None
Basement Full
Laundry None
Features Ceiling Fan(s), Bathroom With Tub & Shower, Storage, Upgraded Cabinets, Upgraded Countertops, Living Room, Dining Room, Kitchen, Sunroom

Exterior

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

Parking

Features Paved Drive, Off Street
Total Spaces 5

Utilities

Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range, For Electric Range

Financial

Annual Tax $9,580
Assessed Value $816,000

Interior Features

Flooring: Tile, Carpet, Hardwood, Stone/Ceramic Tile
Appliances: Range, Dishwasher, Disposal, Microwave, Washer, Dryer, Wine Refrigerator, Refrigerator
Interior Features: Ceiling Fan(s), Bathroom With Tub & Shower, Storage, Upgraded Cabinets, Upgraded Countertops, Living Room, Dining Room, Kitchen, Sunroom
Windows: Insulated Windows
Basement: Full
Laundry:
Security:

Construction & Materials

Year Built: 1900
Structure Type:
Exterior Materials:
Roof: Shingle
Foundation: Stone, Brick/Mortar
Stories: 3

Heating, Cooling & Utilities

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

Exterior & Lot

Exterior Features: Balcony/Deck, Rain Gutters
Patio & Porch: Porch, Deck - Wood
Fencing:
Other Structures: Shed(s)
Lot Features: Level
Road Surface:

Parking & Garage

Total Parking Spaces: 5
Parking Features: Paved Drive, Off Street

Location

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Neighborhood

24 W Water St, Wakefield MA 01880

Wakefield, MA 01880

Walkability

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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
E

Elementary Schools

6 schools
St. Joseph Elementary School
0.3 mi
Grades PK-08
Early Childhood Center at the Doyle School
0.7 mi
128 students Moderate
Grades PK
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-
Woodville School
1.1 mi | #192 of 824 | Score: 55.5
Improved 38 spots from last year
-2.7 below state avg
456 students Moderate
Rising School
Grades PK-04
A
Dolbeare School
1.2 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
A-
Greenwood School
1.5 mi | #194 of 824 | Score: 55.4
Improved 55 spots from last year
-2.8 below state avg
227 students Less Diverse
Rising School Strong Attendance
Grades K-04
M

Middle Schools

1 school
A-
Galvin Middle School
0.1 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
H

High Schools

4 schools
EMARC - Life Choices & Employment Services
0.2 mi
Grades 09-12
Nazareth Academy
1.0 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
B+
Northeast Metropolitan Regional Vocational High School
1.6 mi | #141 of 346 | Score: 56.5
Improved 81 spots from last year
-1.7 below state avg
1,381 students Diverse
17 sports • 1,818 athletes
High Graduation Rate Rising School Career Tech Programs College Ready Curriculum
Grades 09-12
Learn about these ratings
School data provided by BMN Schools

Monthly Payment Calculator

Monthly Payment
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Loan Amount
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After down payment
Total Interest
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Over life of loan
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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 $798
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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Current Rate
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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
Apr 15, 2026
$899,900
Original listing
Agent: Brian & Diana Segool Office: Gibson Sotheby's International Realty

Price & Status History

Date Event Price Change
Apr 15, 2026 New Listing Added $899,900 —

Market Statistics

Time on Market
12 hours 57 minutes
Price per Sq Ft
$364

Tax History

Year Taxes Assessment
2026 $9,580 $816,000

Financial Details

Annual Property Tax
$9,580
Tax Year 2026
Assessed Value
$816,000

Listing Information

Listing Agent Brian & Diana Segool
Listing Office Gibson Sotheby's International Realty
Agent MLS ID TEAM0093
Office MLS ID AN6101
Listing Data Updated Apr 15, 2026 12:48 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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Market Analytics for Wakefield, MA

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