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4 Pleasant St, Wakefield MA 01880

Wakefield, MA 01880
$1,095,000
Est. $6,465/month
6
Beds
3
Baths
2,695
Sq Ft
$406
Price/Sq Ft
0.09
Acres
1880
Year Built
6
Parking
11 hours 25 minutes
Time on Market
Active Open House Listed Jul 7, 2026 • MLS# 73545954 Copied! • Updated Jul 8, 2026

Open House Schedule

11
Jul
Saturday, July 11
11:00 AM - 12:00 PM EDT
12
Jul
Sunday, July 12
12:00 PM - 1:00 PM EDT

About this home

Exceptional 3-family opportunity ideal for owner-occupants or investors, offering strong income potential and long-term upside. This well-maintained property is desirably located just a 4-min walk from downtown Wakefield, providing convenient access to shops, dining, and transportation. The building features ample off-street parking with 2 dedicated spaces per unit, along with valuable tenant amenities including 3 private storage units and three separate laundry hookups in the basement. The spacious first-floor unit spans the entire level, offering a generous layout. The second and third units are both townhouse-style apartments, each with two floors of living space. All units are individually metered, with tenants responsible for their own heat and electricity. The first-floor unit is currently rented below market, presenting a clear value-add opportunity through future rent optimization. This property combines location, functionality, and upside—an excellent addition to any portfolio

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Recently Sold Nearby

Property History

Market Insights

44.1%
Price Range
1
Previous Sales

Property Timeline

🏠
Listed for Sale
Jul 7, 2026
$1,095,000
Original listing
Office: J. Borstell Real Estate, Inc.
Previous Transaction - MLS #72376883
Full transaction history available when tracking began
🏷️
Previously Sold
Jan 4, 2019
$612,500
MLS #72376883

Tax History

Year Taxes Assessment
2025 $8,736 $769,700

Financial Details

Annual Property Tax
$8,736
Tax Year 2025
Assessed Value
$769,700

Facts & Features

Home Facts

Type Residential Income
Style 3 Family
Year Built 1880
Living Area 2,695 sq ft
Lot Size 0.09 acres
Bedrooms 6
Full Baths 3
Total Rooms 12

Investment Metrics

Units 3
Unit 1 Rent $2,050/mo · N
Unit 2 Rent $2,700/mo · Y
Unit 3 Rent $2,400/mo · Y
Total Monthly Rent $7,150/mo
Gross Income $57,000
Net Operating Income $57,000
Operating Expenses $6,295
Water/Sewer Expense $2,800
Electric Expense $180
Insurance Expense $3,315
Cap Rate 5.21%
Heating Baseboard, Natural Gas
Cooling Window Unit(s)
Flooring None
Appliances Range, Dishwasher, Disposal, Refrigerator
Fireplace None
Basement Full, Walk-out Access
Laundry Washer Hookup, Dryer Hookup
Features Living Room, Kitchen
Construction Frame
Architecture None
Roof Shingle
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Features Off Street, Tandem
Total Spaces 6
Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $8,736
Assessed Value $769,700
Fee Includes None
Amenities None
Optional Fee Includes None
Down Payment Resource Eligible
Seller Disclosures Buyer And Buyers Agent Are Responsible For Verifying All Listing Details Before Submitting An Offer. Listing Agent Has Ownership In The Property.
Possession None
Accepted Financing None
Structure Type []
Sq Ft Source Public Record
Sq Ft Disclosures Buyer and buyers agent to confirm sqft prior to offer submission.
Documents None
County Middlesex
Total market time (incl. prior listings) 1 days

Property Overview

Property Type
3 Family
Listing Type
For Sale
Year Built
1880
Bedrooms
6
Full Bathrooms
3
Living Area
2,695 sq ft
Total Rooms
12
Stories
5
Levels
5

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:
Appliances: Range, Dishwasher, Disposal, Refrigerator
Interior Features: Living Room, Kitchen
Windows:
Basement: Full, Walk-Out Access
Laundry: Washer Hookup, Dryer Hookup
Security:

Construction & Materials

Year Built: 1880
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Stone
Stories: 5

Heating, Cooling & Utilities

Heating: Baseboard, Natural Gas
Cooling: Window Unit(s)
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features: Corner Lot
Road Surface:

Parking & Garage

Total Parking Spaces: 6
Parking Features: Off Street, Tandem
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
0.6 mi
Grades PK-08
A-
Woodville School
0.9 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
B+
Walton School
1.0 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
1.0 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
1.0 mi
128 students Moderate
Grades PK
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
0.4 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
0.1 mi
Grades 09-12
Nazareth Academy
0.9 mi
Grades 09-12
A-
Wakefield Memorial High School
1.2 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
1.4 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
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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 $728
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.

Location

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Neighborhood

4 Pleasant St, Wakefield MA 01880

Wakefield, MA 01880

Listing Information

Listing Agent Eric Paul
Listing Office J. Borstell Real Estate, Inc.
Office Phone 978-502-8045
Agent MLS ID CN237034
Office MLS ID G80038
Listing Data Updated Jul 8, 2026 3:30 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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