$1,555,000
 $8,348 est/mo Sourced by Back At You

22 Park St,Wakefield, MA 01880

Wakefield, MA 01880

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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!

Details

MLS #73542126
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1960
Days On Site98
Listing Provided ByWilliam Raveis R.E. & Home Services | Krassi Diehl

Features

Bed(s)6
Bath(s) 4 Total
SQ Feet3,068
BasementY
Story(s)6
Units2
ZoningGR
Acreage0.12

Interior

Rooms Total13
Fireplaces Total0
Fireplace Yes / NoNo
FlooringWood, Tile, Vinyl

Exterior

RoofShingle
Construction MaterialsFrame
Foundation DetailsConcrete Perimeter

Parking

Garage Yes / NoNo
Parking FeaturesPaved Drive, Off Street, Tandem, Deeded
Open Parking Yes / NoYes

Utilities

Utilitiesfor Electric Dryer, Washer Hookup
SewerPublic Sewer
Electric200+ Amp Service

Taxes

Tax Annual Amount9669
Tax Assessed Value823600
Tax Year2026

Location

Community FeaturesPublic Transportation, Shopping, Walk/Jog Trails, Highway Access, House of Worship
Senior Community Yes / NoNo

Area Information

StateMA
CountyMiddlesex
CityWakefield
Zip Code01880
AreaMiddlesex
School DistrictWmhs
High SchoolWmhs
Listing VS Median (in 01880)
Price:
$1,555,000
low | high
Med:
$699,900
100% of Average
sqft:
3,068
low | high
Med:
1,370
100% of Average
$ / sqft:
$507
low | high
Med:
$511
49.204675288098% of Average
On site:
98
low | high
Med:
125
78.4% of Average
Sourced by Back At You

Market Activity 01880

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Learn More About This Property

StateMA
CountyMiddlesex
CityWakefield
Zip Code01880
AreaMiddlesex
School DistrictWmhs
High SchoolWmhs
Listing VS Median (in 01880)
Price:
$1,555,000
low | high
Med:
$699,900
100% of Average
sqft:
3,068
low | high
Med:
1,370
100% of Average
$ / sqft:
$507
low | high
Med:
$511
49.204675288098% of Average
On site:
98
low | high
Med:
125
78.4% of Average
Sourced by Back At You
Listing Updated: September 29, 2026 at 8:17:48 AM PDT
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