Open House Jun 06, 2025
05:00 – 07:00
Open House Jun 08, 2025
11:00 – 01:00
Open House Jun 07, 2025
01:00 – 03:00
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!

Property Details

Price:
$1,200,000
MLS #:
73385819
Status:
Active
Beds:
8
Baths:
5
Address:
24 Park St
Type:
Multi Family
City:
Wakefield
Listed Date:
Jun 4, 2025
State:
MA
Finished Sq Ft:
3,613
Total Sq Ft:
3,613
ZIP:
01880
Lot Size:
6,085 sqft / 0.14 acres (approx)
Year Built:
1885
Units:
2

Schools

Elementary School:
Dolbeare
Middle School:
Galvin
High School:
Wmhs

Interior

Appliances
Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Bathrooms
5 Full Bathrooms
Cooling
Window Unit(s), Wall Unit(s)
Fireplaces Total
2
Flooring
Wood, Tile, Laminate, Pine, Stone/ Ceramic Tile
Heating
Forced Air, Oil, Electric

Exterior

Community Features
Public Transportation, Shopping, Park, Walk/ Jog Trails, Laundromat, Bike Path, Highway Access, House of Worship, Public School, T- Station, Sidewalks
Construction Materials
Stone
Exterior Features
Balcony/ Deck, Rain Gutters, Garden
Other Structures
Barn/ Stable
Parking Features
Paved Drive, Off Street, Tandem, Common, Paved
Parking Spots
8
Roof
Shingle

Financial

Tax Year
2025
Taxes
$13,105

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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.,…

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24 Park St
Wakefield, MA