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Location, Location, Location! 3-Family just minutes to downtown, the commuter rail is less than 1/2 mile, shopping, dining and major routes. Bright, spacious units feature high ceilings, nice flow and eat-in kitchens. Current rents are well below market. Updating, all three units will enhance the value of each unit (buyers/agents to verify). Enjoy strong rental demand, low vacancy, 2 off-street parking spaces and separate gas and electric. Four additional attic rooms, accessed from the 2nd-floor unit, offer exciting potential for expanded living space or flexible use (buyers to confirm). All the trees around the property are being removed on 12/5 by the owner for insurance purposes. Heating systems and hot water heaters are approx. 6–10 years old with the exception of unit 51A, the furnace is older. Furnaces are serviced regularly.
Current real estate data for Multi Family in Wakefield as of Nov 17, 2025
4
Multi Family Listed
40
Avg DOM
368
Avg $ / SqFt
$1,029,950
Avg List Price

Property Details

Price:
$999,900
MLS #:
73453708
Status:
Active
Beds:
6
Baths:
3
Type:
Multi Family
Subtype:
3 Family
Listed Date:
Nov 11, 2025
Finished Sq Ft:
3,278
Total Sq Ft:
3,278
Lot Size:
3,215 sqft / 0.07 acres (approx)
Year Built:
1885
Units:
3

Schools

Interior

Appliances
Range, Refrigerator
Bathrooms
3 Full Bathrooms
Flooring
Wood, Carpet, Laminate, Tile, Hardwood
Heating
Baseboard, Natural Gas

Exterior

Community Features
Public Transportation, Shopping, Park, Golf, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Public School, T-Station
Exterior Features
Balcony/Deck
Parking Features
Paved Drive, Off Street
Parking Spots
2
Roof
Shingle

Financial

Net Operating Income
$18,974
Tax Year
2025
Taxes
$8,120

Map

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Property Summary

    51 Crescent Street Wakefield MA is a Multi Family for sale in Wakefield, MA, 01880. It is listed for $999,900 To schedule a showing of MLS#73453708 at 51 Crescent Street 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
51 Crescent Street
Wakefield, MA