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Wakefield Investment Opportunity! This conveniently located 2-family, built in 1920, perfectly blends vintage charm with modern potential. It boasts classic details of original built-ins, tall ceilings, and hardwood floors. This spacious property offers exceptional upside for investors or owner-occupants. Each unit features a large 3-bedroom layout with updated kitchens, full baths, and private front porches. Key features include off-street parking, a small backyard, separate utilities, and full basement with laundry and individual storage closets. Finished 3rd floor provides valuable bonus space that can be included with the 2nd-floor unit for added income potential. Prime location, just minutes to downtown Wakefield’s restaurants, shops, Haverhill commuter rail, Lake Quannapowitt and Veterans field. ** Open House Sat, Sept 27th 12-2 and Sun, Sept 28th 12-1:30 **
Current real estate data for Multi Family in Wakefield as of Oct 07, 2025
5
Multi Family Listed
20
Avg DOM
355
Avg $ / SqFt
$974,940
Avg List Price

Property Details

Price:
$899,900
MLS #:
73435404
Status:
Active Under Contract
Beds:
7
Baths:
3
Type:
Multi Family
Listed Date:
Sep 24, 2025
Finished Sq Ft:
2,625
Total Sq Ft:
2,625
Lot Size:
5,001 sqft / 0.11 acres (approx)
Year Built:
1920
Units:
2

Schools

Interior

Appliances
Range, Dishwasher, Refrigerator
Bathrooms
3 Full Bathrooms
Heating
Natural Gas, Electric

Exterior

Community Features
Public Transportation, Shopping, Park, Walk/Jog Trails, Highway Access, Public School, T-Station
Parking Features
Off Street
Parking Spots
4
Roof
Shingle

Financial

Net Operating Income
$21,000
Tax Year
2025
Taxes
$8,526

Map

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Community

Property Summary

    22 Armory St Wakefield MA is a Multi Family for sale in Wakefield, MA, 01880. It is listed for $899,900 To schedule a showing of MLS#73435404 at 22 Armory St in Wakefield, MA, contact your Boardwalk Real Estate Corp. agent at 781-944-7820.

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CRP: Certified Relocation Professional
CRS: Certified Residential Specialist
GRI: Graduate of Realtors Institute
CBR: Certified Buyers Representative
BSBA: Bachelor of Science in Business Administration. Babson College 1979
MBA: Master of Business Administration. Babson College 2002

James M. Joly is President and Principal-Owner of Boardwalk Real Estate Corp.,…

More About James
22 Armory St
Wakefield, MA