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21-21A Princess St, Wakefield, MA

Wakefield · MA 01880

$865,000
Price
4
Beds
3.5
Baths
3500
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1880
Units: 3 Units
Lot size: 3,537 Sq.Ft Lot
Price per square foot: $257 / Sq.Ft
Parking: 2 Off Street Spaces

About this home

Mixed use building just off Main Street with two income generating residential units upstairs, each consisting of 5 rooms/2 bd/1bath and a commercial space at the street level. Residential units are Tenants -at-Will and are currently fetching $3700 gross income. The commercial space is a fully equipped restaurant, is handicap accessible, and includes 2 patron restrooms, as well as a third half bath for employee's use. There's a great outside patio area and plenty of freezer storage in the basement. A savvy investor will do quite well to put this downtown business space back into good use. All units are separately heated with newer systems and are equipped with their own electric panel. This building's roof was replaced over the past 3 years. Full sprinkler system is in place. Proof of funds are REQUIRED prior to scheduling a full tour of this property. **See for additional photos of restaurant space MLS Listing #73183156

Neighborhood & Transit

21-21A Princess St, Wakefield · MA 01880

Nearby transit

Within 0.5 mile, measured straight-line to the nearest station entrance.

  • Wakefield Commuter Rail 1 route 0.32 mi
    • Haverhill Line

Price Insight

Days on Market:
975 days
Listing Price:
$900,000
Price per Sq.Ft:
$257
Tax Assessment:
$1,001,700 in 2024
Taxes:
$939 / Monthly

Home Facts

Interior Features

Bedrooms
4
Full Bathrooms
2
Half Bathrooms
3
Living Area
3,500 Sq.Ft
Broker Disclosure about Living Area
Additional storage space is available in basement
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
3500
Flooring
Unknown
Lead paint
Unknown

Utilities

Heating Type
Unknown
Heating Zone
Unknown
Cooling
Unknown
Cooling Zones
Unknown
Water
Unknown
Sewer
Unknown
Electric Features
Unknown

Exterior Features

Lot Size
3,537 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
2 Parking Spaces

Construction Details

Construction Type
Unknown
Siding
Shingles
Roof
Unknown

Green Features

Electric Vehicle Charger
Unknown
Solar Panels
Unknown
Green Certified
Unknown
Insulation Features
Unknown
Energy Features
Unknown

Listing information

Listing agent
Richard Spinosa
Listing office
Realty Direct Somerville
MLS PIN #
73208182
Disclosure
$87000 is potential annual income. Listing agent has ownership interest.
Disclosure
Additional storage space is available in basement