Multi Family

306 Main Street

Wakefield, MA 1880 · MLS 73564750

$1,550,000

3,542 sqft

  • Beds—
  • Baths—
  • Sq Ft3,542
  • Year1880
  • Style—
  • $ / Sq Ft$438
  • HOA—
  • Taxes$14,819
  • Parking6
  • Lot5062.0
  • MLS73564750
  • StatusActive

About this home

Don't miss this rare opportunity to acquire a turnkey, income-producing asset in the heart of Wakefield-combining established tenancy, commercial flexibility, recent renovations and an exceptional walkable location. This business-zoned, mixed-use property offers four 1-bedroom apartments plus first-floor commercial space, currently operating as a beauty salon, creating a compelling combination of residential and commercial income potential. All four apartments are leased providing established occupancy and income. Recent renovations include the commercial space and Unit 4 in 2025 and Units 2 and 3 in 2024. This property also offers off-street parking and the convenience of individual utilities. Ideally positioned directly across from the iconic Rockery and Wakefield Common, with downtown shopping, restaurants, cafes and public transportation just steps away. Lake Quannapowitt is also a short stroll away!

Location

DirectionsMore in Wakefield

More about Wakefield

Wakefield Profile Snapshot
Primary Vibe Charming suburb with Lake Quannapowitt, a vibrant downtown, and residential streets. Popular with buyers seeking community character and outdoor access.
Housing Prices Prices vary by location and condition. Homes near the lake or downtown command premiums. Outdoor space influences value.
Commute to Boston Commuter rail provides access. Driving is common. Parking and yards are readily available.
Schools Served by Wakefield Public Schools. Confirm assignments with the district.
Market Steady demand supported by lake and downtown. Updated homes with outdoor space attract interest.
Housing Styles Single-family homes and multi-family properties. Outdoor space is common.

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Listing information is believed accurate but is not guaranteed and should be independently verified. Courtesy of the listing office shown.