$1,550,000
 $8,321 est/mo Sourced by Back At You

306 Main Street,Wakefield, MA 01880

Wakefield, MA 01880

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Description

Don't miss this rare opportunity to acquire a turnkey, income-producing asset in the heart of Wakefield-combining established tenancy, commercial flexibility, recent renovations and an exceptional walkable location. This business-zoned, mixed-use property offers four 1-bedroom apartments plus first-floor commercial space, currently operating as a beauty salon, creating a compelling combination of residential and commercial income potential. All four apartments are leased providing established occupancy and income. Recent renovations include the commercial space and Unit 4 in 2025 and Units 2 and 3 in 2024. This property also offers off-street parking and the convenience of individual utilities. Ideally positioned directly across from the iconic Rockery and Wakefield Common, with downtown shopping, restaurants, cafés and public transportation just steps away. Lake Quannapowitt is also a short stroll away!

Details

MLS #73564750
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1880
Days On Site45
Listing Provided ByCentury 21 North East | Rachel Gallant

Features

Bed(s)4
Bath(s) 5 Total
SQ Feet3,542
BasementY
Story(s)5
Units5
ZoningB
Acreage0.12

Interior

Rooms Total16
Cooling Yes / NoYes
CoolingWindow Unit(s)
Heating Yes / NoYes
HeatingElectric
AppliancesWasher, Dryer, Range, Refrigerator
Fireplaces Total0
Fireplace Yes / NoNo
FlooringTile, Carpet

Exterior

Foundation DetailsStone
Lot FeaturesCorner Lot

Parking

Garage Yes / NoNo
Parking FeaturesOff Street, Paved
Open Parking Yes / NoYes

Utilities

Utilitiesfor Electric Range
SewerPublic Sewer
ElectricIndividually Metered

Taxes

Tax Annual Amount14819
Tax Assessed Value1129000
Tax Year2026

Location

Community FeaturesPublic Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Private School, Public School, T-Station, Sidewalks
Senior Community Yes / NoNo

Area Information

StateMA
CountyMiddlesex
CityWakefield
Zip Code01880
AreaMiddlesex
Listing VS Median (in 01880)
Price:
$1,550,000
low | high
Med:
$698,950
100% of Average
sqft:
3,542
low | high
Med:
1,844
97.939017504235% of Average
$ / sqft:
$438
low | high
Med:
$406
57.222729373198% of Average
On site:
45
low | high
Med:
97.5
46.153846153846% 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
Listing VS Median (in 01880)
Price:
$1,550,000
low | high
Med:
$698,950
100% of Average
sqft:
3,542
low | high
Med:
1,844
97.939017504235% of Average
$ / sqft:
$438
low | high
Med:
$406
57.222729373198% of Average
On site:
45
low | high
Med:
97.5
46.153846153846% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $1.162M - $1.937M
sqft: 2,500 - 4,000
Nearby Listings Property ImageNearby Listings Details
22 Park St Property Photo 1
$1,555,000
22 Park St
Wakefield, MA 01880
Listing Updated: September 29, 2026 at 7:20:52 AM PDT
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