14 Otis St, Wakefield MA 01880

Wakefield, MA 01880
$1,250,000
Est. $7,840/month
Estimate assumptions

20% down, a 30-year loan at 6.5%, and $200/month estimated insurance.

Includes the supplied property-tax and HOA inputs; missing inputs contribute $0. HOA fees with an unspecified frequency are treated as monthly. PMI and closing costs are excluded.

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7
Beds
3
Baths
3,716
Sq Ft
$336
Price/Sq Ft
0.22
Acres
1900
Year Built
1
Garage Space
New today
Time on Market
For Sale Listed Oct 27, 2026 • MLS# 73593463 Copied! • Updated Oct 27, 2026

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About this home

Exceptional opportunity in the heart of Wakefield! 14 Otis Street is a beautifully renovated and meticulously maintained two-family offering a level of finish rarely found in the multi-family market. Both units have been thoughtfully updated, blending the character of this classic home with modern kitchens, baths and finishes. The spacious second-floor residence extends over two levels, while the first-floor unit offers an attractive 3-bedroom layout. Separate utilities, updated systems, hardwood flooring and generous living spaces add to the appeal. Outside, the property continues to impress with beautifully maintained grounds, extensive hardscaping, a detached garage, oversized storage shed, patio/yard space and ample off-street parking. All of this in an outstanding location just a short walk to downtown Wakefield, with convenient access to the lake, commuter rail, restaurants, shops and area amenities. Whether you're looking to owner-occupy, accommodate extended family, or add a high-quality property to your portfolio, this is a truly special two-family that stands apart from the typical offering.

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Recently Sold Nearby

Price & Status History

Market Insights

55.8%
Price Range
1
Previous Sales

Property Timeline

🏠
Listed for Sale
Oct 27, 2026
$1,250,000
Original listing
Agent: DalBon & Company Office: Keller Williams Realty Evolution
Previous Transaction - MLS #70417485
Full transaction history available when tracking began
🏷️
Previously Sold
Sep 29, 2006
$552,500
MLS #70417485

Tax History

Year Taxes Assessment
2026 $15,834 $1,348,700

Financial Details

Annual Property Tax
$15,834
Tax Year 2026
Assessed Value
$1,348,700

Facts & Features

1 Car Garage
Central AC

Home Facts

Type Residential Income
Style Multi Family
Year Built 1900
Living Area 3,716 sq ft
Lot Size 0.22 acres
Stories 3
Bedrooms 7
Full Baths 3
Total Rooms 14

Investment Metrics

Units 2
Unit 1 Rent $2,700/mo · Y
Unit 2 Rent — · N
Total Monthly Rent $2,700/mo
Gross Income $32,400
Net Operating Income $32,400
Cap Rate 2.59%
Heating Forced Air, Natural Gas
Cooling Central Air
Flooring Wood, Tile, Hardwood, Carpet, Stone/ceramic Tile
Appliances Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer, Microwave
Fireplace Gas
Fireplaces 1
Basement Full, Interior Entry, Bulkhead, Concrete
Laundry Gas Dryer Hookup, Electric Dryer Hookup
Features Ceiling Fan(s), Pantry, Storage, Walk-in Closet(s), Living Room, Dining Room, Kitchen
Construction Frame
Architecture None
Roof Shingle, Rubber
Features Rain Gutters, Professional Landscaping, Sprinkler System, Decorative Lighting
Pool None
Spa None
Fencing Fenced
Patio/Porch Porch, Patio
Garage Spaces 1
Has Garage Yes
Features Paved Drive, Off Street
Total Spaces 6
Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range, For Electric Range, For Gas Dryer, For Electric Dryer

Financial

Annual Tax $15,834
Assessed Value $1,348,700
Fee Includes None
Amenities None
Optional Fee Includes None
Lead Paint Unknown
Seller Disclosures None
Possession None
Accepted Financing None
Structure Type []
House Color white
Sq Ft Source Public Record
Documents None
County Middlesex

Property Overview

Property Type
Multi Family
Listing Type
For Sale
Year Built
1900
Bedrooms
7
Full Bathrooms
3
Living Area
3,716 sq ft
Total Rooms
14
Stories
3
Levels
3

Floor Layout

Interior Features

Flooring: Wood, Tile, Hardwood, Carpet, Stone/Ceramic Tile
Appliances: Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer, Microwave
Interior Features: Ceiling Fan(s), Pantry, Storage, Walk-In Closet(s), Living Room, Dining Room, Kitchen
Windows:
Basement: Full, Interior Entry, Bulkhead, Concrete
Laundry: Gas Dryer Hookup, Electric Dryer Hookup
Security:

Construction & Materials

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

Utilities & Systems

Heating: Forced Air, Natural Gas
Heating Zones: 2
Cooling: Central Air
Cooling Zones: 2
Hot Water: Natural Gas, Electric, Tank, Tankless
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Rain Gutters, Professional Landscaping, Sprinkler System, Decorative Lighting
Patio & Porch: Porch, Patio
Fencing: Fenced
Other Structures:
Lot Features: Easements
Road Surface:

Parking & Garage

Garage Spaces: 1
Total Parking Spaces: 6
Parking Features: Paved Drive, Off Street

Special Features

Fireplaces: 1
Fireplace Type: Gas
Community Amenities: Public Transportation, Shopping
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
B+
Walton School
0.9 mi | #299 of 825 | Score: 50.8
Improved 125 spots from last year
-7.4 below state avg
221 students Less Diverse
Rising School Strong Attendance
Grades K-04
A
Dolbeare School
1.0 mi | #160 of 825 | Score: 56.5
Improved 34 spots from last year
-1.7 below state avg
425 students Less Diverse
Rising School Strong Attendance
Grades K-04
A-
Woodville School
1.0 mi | #172 of 825 | Score: 56.1
Improved 58 spots from last year
-2.1 below state avg
462 students Moderate
Rising School
Grades PK-04
Early Childhood Center at the Doyle School
1.0 mi
115 students Moderate
Grades PK
A-
Greenwood School
1.7 mi | #203 of 825 | Score: 54.6
Improved 46 spots from last year
-3.6 below state avg
209 students Less Diverse
Rising School Strong Attendance
Grades K-04
M

Middle Schools

1 school
A-
Galvin Middle School
0.4 mi | #80 of 352 | Score: 51.9
Improved 4 spots from last year
-6.3 below state avg
1,076 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
0.8 mi
Grades 09-12
A-
Wakefield Memorial High School
1.3 mi | #80 of 346 | Score: 63.2
Improved 15 spots from last year
+5 above state avg
871 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 | #127 of 346 | Score: 58.3
Improved 95 spots from last year
+0.1 above state avg
1,414 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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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $1,320
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

14 Otis St, Wakefield MA 01880

Wakefield, MA 01880

Listing Information

Listing Agent DalBon & Company
Listing Office Keller Williams Realty Evolution
Office Phone 978-927-8700
Agent MLS ID TM322885
Office MLS ID C95098
Listing Data Updated Oct 27, 2026 10:47 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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