Fabulous investment opportunity. Well maintained Wakefield four family building. 4 well laid out 1 bedroom apartments. All separate utilities. The unit have various layouts and function very well as rental apartments. The property is well sited in a great location between downtown and North Ave commuter rail station. The building is fully leased. Dual driveways provide ample parking for 8+ vehicles. Coin op laundry.
Multi-familyProperty Type
1893Year Built
8,464 sq ftLot Size
$381Price/Sq.Ft.
8 spacesParking
Listed by Christopher Barrett• Barrett, Chris. J., REALTORS®
Downtown Wakefield, located between Lake Quannapowitt and the Wakefield–Melrose line, is a walkable and historic Wakefield neighborhood with a commuter-rail hub and a classic Main Street streetscape. The neighborhood’s character concentrates around Main Street at Albion Street, where cafés, bakeries, small restaurants, and storefront services keep the sidewalks active. The Beebe Estate anchors local culture with exhibits and community programming in a landmark mansion. The Wakefield Farmers Market brings seasonal color to the civic calendar. Architecture mixes late-19th-century commercial blocks with triple-deckers and compact single-family homes. The lake’s loop path and pocket parks shape daily routines.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
Insulated windows
Laundry room
Bathrooms with shower stalls
Bathrooms
4 full bathrooms
Kitchen
Range
Refrigerator
Laundry & utility
Washer
Dryer
Washer hookup
Electric dryer hookup
Flooring
Wood, plywood, vinyl, carpet, and hardwood flooring
Heating & cooling
Natural gas and oil heating
Exterior features
Porch
Cleared lot with gentle slope
Public paved road
Home design
Four-unit property
Five stories
Parking
8 open parking spaces
Paved driveway
Off-street parking
Common parking
Construction
Frame construction
Stone foundation
Shingle roof
Utilities
Public water
Public sewer
Circuit breakers
Utilities vary by unit
HOA & community
Community amenities include public transportation, shopping, tennis courts, parks, walking and jogging trails, a laundromat, a conservation area, highway access, houses of worship, schools, a T station, and sidewalks.
Financial info
All four units are leased.
Electricity and solar
View estimated energy costs and solar savings for this home
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
6/10 Heat Factor
7 days above 97° expected this year, 16 days in 30 years
6/10 Wind Factor
62% chance of strong winds in next 30 years
3/10 Air Factor
2 unhealthy days expected this year, 3 days in 30 years
Provided by First Street
Historical weather
Wakefield, MA • 01880
Average low and high temperatures (°F)
34
20
36
21
50
32
59
41
68
51
80
62
84
66
80
61
74
56
64
46
53
37
39
25
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
92/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 13% for direct sun exposure in Wakefield. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.9 hrs
5.2 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 20 W Water St
$1,267,744
$7,256 under list price of $1.28M
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $865K to $1.7M.