Multi Family
24 Park St
Wakefield, MA 1880 · MLS 73578903
$1,100,000
1 / 37
- Beds—
- Baths—
- Sq Ft3,613
- Year1885
- Style—
- $ / Sq Ft$304
- HOA—
- Taxes$14,251
- Parking8
- Lot6085.0
- MLS73578903
- StatusActive
About this home
Nestled in a prime location near downtown Wakefield, this distinctive 2-family home offers exceptional opportunities for the owner-occupant seeking supplemental rental income or the savvy investor searching for a cash-flow positive asset. This spacious home blends original touches with tasteful updates (extensive 2002 addition). The partially finished basement and 3rd level complete with 2 bedrooms, kitchen, and 3/4 bath lends itself to a multigenerational living option. Large vinyl replacement windows throughout provide an abundance of natural light creating a warm, inviting atmosphere. Both units share a large basement as well as a two-level, 800 sq. ft. detached garage- offering flexibility for storage, a workshop, or finished space to provide additional rental income and virtually limitless opportunities. Just short steps to Town Hall, local restaurants, and Lake Quannapowitt as well as easy access to public transportation and major highways, make this your next, wise investment!
Location
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.

