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294 Water Street, Wakefield MA 01880

Wakefield, MA 01880
$569,000
Est. $3,721/month
2
Beds
1.5
Baths
1,195
Sq Ft
$476
Price/Sq Ft
0.07
Acres
1925
Year Built
2
Parking
7 hours 52 minutes
Time on Market
Active Listed Jul 9, 2026 • MLS# 73547039 Copied! • Updated Jul 9, 2026

About this home

MIX USE opportunity awaits! Choose your own path: rental income, commercial income or make it your own beautiful home! Is a low maintenance backyard one of your check off boxes? Here it is. Imagine creating your own outdoor space with greenery, florals and a gorgeous patio! Street front Unit 1 has been rented to small businesses in the past. It is a spacious size unit, steps up to second room that has a 1/3 bath and storage area off to the left. Unit 2 is a quaint, easy to take care of two bedroom, living and kitchen apartment with archways to give this space character. Get creative with this property! Make appointment today to view what it has to offer.

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Recently Sold Nearby

Property History

Property Timeline

🏠
Listed for Sale
Jul 9, 2026
$569,000
Original listing
Office: Classified Realty Group

Tax History

Year Taxes Assessment
2026 $7,724 $507,000

Financial Details

Annual Property Tax
$7,724
Tax Year 2026
Assessed Value
$507,000

Facts & Features

Home Facts

Type Residential
Style Single Family Residence
Year Built 1925
Living Area 1,195 sq ft
Lot Size 0.07 acres
Bedrooms 2
Full Baths 1
Half Baths 1
Total Rooms 6

Interior

Heating Forced Air, Natural Gas
Cooling Wall Unit(s), 3 Or More
Flooring Tile, Vinyl, Carpet
Appliances Electric Water Heater, Water Heater, Range, Disposal
Fireplace None
Basement Unfinished
Laundry Electric Dryer Hookup, Washer Hookup
Features None

Exterior

Construction Frame
Architecture Other (see Remarks)
Roof Shingle, Rubber
Features Rain Gutters, Storage, Fenced Yard
Pool None
Spa None
Fencing Fenced/enclosed, Fenced
Patio/Porch None
Features Paved Drive, Shared Driveway, Off Street, Paved
Total Spaces 2
Electric Circuit Breakers, 100 Amp Service
Water Public
Sewer Public Sewer
Gas None
Other For Electric Oven, For Electric Dryer, Washer Hookup
Annual Tax $7,724
Assessed Value $507,000
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures Sold As Is. 2 Units On Property. Mix Use. The Required Room Descriptions Are For Entire Property. # Of Rooms, Bedrooms And Bath Are For Entire Property. Buyers And Their Agents To Do Own Due Diligence About Zoning. Property Is Listed In Mls Under Commercial Type.
Exclusions Refridgerator, Washer, Dryer. See Inclusion/Exclusion Document
Possession None
Accepted Financing Contract
Structure Type []
House Color White
Sq Ft Source Public Record
Sq Ft Disclosures Includes both units.Mix use property.
Documents None
County Middlesex

Property Overview

Property Type
Single Family Residence
Listing Type
For Sale
Year Built
1925
Bedrooms
2
Full Bathrooms
1
Half Bathrooms
1
Living Area
1,195 sq ft
Total Rooms
6

Room Details

Other Floor

Bathroom1
Bedroom5
Bedroom4
Bedroom3
Dining Room
Kitchen
Bathroom2
Bedroom2
Living Room
Bathroom3
Master Bedroom
Office
Family Room
Master Bathroom

Interior Features

Flooring: Tile, Vinyl, Carpet
Appliances: Electric Water Heater, Water Heater, Range, Disposal
Interior Features:
Windows: Insulated Windows
Basement: Unfinished
Laundry: Electric Dryer Hookup, Washer Hookup
Security:

Construction & Materials

Style: Other (See Remarks)
Year Built: 1925
Structure Type:
Exterior Materials: Frame
Roof: Shingle, Rubber
Foundation: Stone

Heating, Cooling & Utilities

Heating: Forced Air, Natural Gas
Cooling: Wall Unit(s), 3 or More
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Rain Gutters, Storage, Fenced Yard
Patio & Porch:
Fencing: Fenced/Enclosed, Fenced
Other Structures:
Lot Features: Gentle Sloping
Road Surface: Paved

Parking & Garage

Total Parking Spaces: 2
Parking Features: Paved Drive, Shared Driveway, 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

6 schools
St. Joseph Elementary School
1.0 mi
Grades PK-08
A-
Woodville School
0.6 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
1.1 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
Early Childhood Center at the Doyle School
1.3 mi
128 students Moderate
Grades PK
B+
Walton School
1.4 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-
Greenwood School
1.6 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
0.7 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
0.5 mi
Grades 09-12
A-
Wakefield Memorial High School
0.9 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
1.0 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
Nazareth Academy
1.1 mi
Grades 09-12
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $644
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

294 Water Street, Wakefield MA 01880

Wakefield, MA 01880

Listing Information

Listing Agent Margie Roberto
Listing Office Classified Realty Group
Office Phone 781-944-1901
Agent MLS ID CN223903
Office MLS ID AN1116
Listing Data Updated Jul 9, 2026 6:52 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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