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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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22 Park St , Wakefield, MA 01880
$1,555,000
Est. Payment: $3,455.56/mo
6 Bed
4 Bath
3068 Sqft
Status: Active | Days on site: 82
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House Description

***PRICE IMPROVEMENT***TURNKEY 2-UNIT MULTIFAMILY | RENOVATED | PRIME WAKEFIELD LOCATION | INVESTMENT OPPORTUNITYExceptional opportunity for owner-occupants, investors, or multigenerational living! This beautifully renovated 2-unit multifamily property combines modern updates, flexible living space, and a highly desirable Wakefield location—making it an ideal choice for those seeking income potential, long-term investment value, or a versatile multi-generational home. Both units have been thoughtfully updated and offer bright, sun-filled living spaces, functional layouts, and stylish modern finishes. Each unit features 3 bedrooms, 1.5 baths, a beautifully updated kitchen with new cabinetry, stainless steel appliances, and updated flooring, along with renovated bathrooms designed for today’s lifestyle. The property also offers a finished lower level, providing valuable bonus space that can be used as a home gym, recreation room, hobby space, office, or additional storage. Step outside to enjoy a private patio, perfect for outdoor dining, relaxing, or entertaining.Whether you're looking to live in one unit and generate rental income from the other, expand your investment portfolio, accommodate extended family, or maximize the flexibility of a two-family property, this turnkey multifamily delivers.Enjoy the best of Wakefield with Lake Quannapowitt just moments away, plus easy access to downtown restaurants, shopping, parks, recreation, and the commuter rail. The combination of renovated interiors, flexible living space, outdoor space, and a prime location makes this a compelling opportunity for both homeowners and investors.Move-in ready. Income-producing potential. Prime location. Endless possibilities. Don't miss this outstanding Wakefield multifamily opportunity!

Highlights

Listed by Krassi Diehl , 617-784-0601 William Raveis R.E. & Home Services , 978-610-6369.

Property Type

Multi-Family

Lot/Acreage
0.12

Year Built

1960

County

Middlesex

Listing ID

73542126

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:6
  • Bathrooms:4
  • Full Bathrooms:2
  • 1/2 Bathrooms:2
Floor:Wood,Tile,Vinyl
Water:Public

Exterior Features

Garage Capacity:5
Zoning:GR
Roof:Shingle
Sewer:Public Sewer
Parking Features:Paved Drive,Off Street,Tandem,Deeded,Parking Spaces: 5
Principal Interest
$3,456
Taxes
$806

Home Price

$1,555,000

Loan Details

30 yrs
%

Down Payment

20%
$311,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$3,455.56

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,455.56 $805.75 $0.00 $4,261.31
Yearly $41,466.67 $9,669.00 $0.00 $51,135.67
Total $1,244,000.00 $290,070.00 $0.00 $1,534,070.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Wakefield, MA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.