Under Agreement

22 Park St, Wakefield, MA

Wakefield · MA 01880

$1,555,000
Price
6
Beds
3
Baths
3068
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1960
Units: 2 Units
Lot size: 5,183 Sq.Ft Lot
Price per square foot: $507 / Sq.Ft
Parking: 5 Off Street Spaces

About this home

***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!

Neighborhood & Transit

22 Park St, Wakefield · MA 01880

Nearby transit

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

  • Wakefield Commuter Rail 1 route 0.43 mi
    • Haverhill Line

Price Insight

Days on Market:
131 days
Listing Price:
$1,555,000
Price per Sq.Ft:
$507
Tax Assessment:
$823,600 in 2026
Taxes:
$806 / Monthly

Home Facts

Interior Features

Bedrooms
6
Full Bathrooms
2
Half Bathrooms
2
Living Area
3,068 Sq.Ft (Includes Basement)
Broker Disclosure about Living Area
Measurements for marketing only. Buyer(s) and buyer's agent to do own due diligence
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
2188
Flooring
Unknown
Lead paint
Unknown

Utilities

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

Exterior Features

Lot Size
5,183 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
5 Parking Spaces

Construction Details

Construction Type
Unknown
Siding
Vinyl
Roof
Unknown

Green Features

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

Listing information

Listing agent
Krassi Diehl
Listing office
William Raveis R.E. & Home Services
MLS PIN #
73542126
Disclosure
RE taxes based on MF prior to renovation. New vinyl siding. Also listed under Condo MLS #73533243 (unit A) and and MLS #73533245 (Unit B).
Disclosure
Measurements for marketing only. Buyer(s) and buyer's agent to do own due diligence