Rare Wakefield Opportunity! This 1920 stucco two-family sits on a generous .378-acre lot and offers tremendous upside for investors or owner-occupants. Larger than the typical multi, it features 16 rooms and 2 full baths. The property is ready for renovation, with strong potential to add value. Highlights include separate utilities, parking for 8–9 vehicles, and delivery vacant for a seamless start to your project. Prime location for renters, just minutes from downtown Wakefield and the Haverhill commuter line, with excellent potential for above-market rents from two large units.

Property Details

Price:
$899,999
MLS #:
73427763
Status:
Active
Beds:
5
Baths:
2
Address:
95 Preston Street
Type:
Multi Family
City:
Wakefield
Listed Date:
Sep 9, 2025
State:
MA
Finished Sq Ft:
2,754
Total Sq Ft:
2,754
ZIP:
01880
Lot Size:
16,461 sqft / 0.38 acres (approx)
Year Built:
1920
Units:
2

Schools

Elementary School:
Dolbeare
Middle School:
Galvin
High School:
Memorial

Interior

Appliances
Range, Refrigerator
Bathrooms
2 Full Bathrooms
Flooring
Tile, Laminate, Hardwood
Heating
Forced Air, Natural Gas

Exterior

Community Features
Public Transportation, Shopping, Highway Access, House of Worship, Public School
Construction Materials
Frame
Parking Features
Paved Drive, Off Street, Deeded, Paved
Parking Spots
9
Roof
Asphalt/ Composition Shingles

Financial

Tax Year
2025
Taxes
$9,627

Map

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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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95 Preston Street
Wakefield, MA