21-21a Princess StreetWakefield, MA 01880MLS Number 73208182

  • Price: $900,000
  • Est. Mortgage of $/month
  • 216 Days on Market
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Federal 30-year interest rate: 6.12% last updated on Oct 3, 2024
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Under Agreement
21-21a Princess Street Wakefield MA 0188021-21a Princess Street Wakefield MA 0188021-21a Princess Street Wakefield MA 0188021-21a Princess Street Wakefield MA 0188021-21a Princess Street Wakefield MA 0188021-21a Princess Street Wakefield MA 0188021-21a Princess Street Wakefield MA 01880
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  • 4Bedrooms
  • 0.08Acreage
  • 5Bathrooms
  • 1880Year Built
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
Listed by Richard Spinosa of Realty Direct Somerville

Driving Directions

Colonial Manor Realty
Colonial Manor Realty
Office: 781-290-7425
127 Franklin St
Reading, MA 01867

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More Info

Basic Information

  • Contingency Pending P&S
  • Gross Income $86,400
  • Lot Features Level
  • Mls StatusUnder Agreement
  • Parcel Number M:000017 B:0076 P:000142,818409
  • Rent Includes Unit 2(Water), Unit 3(Water)

Location

  • Address21-21a Princess Street
  • Building Number21-21a
  • CountyMiddlesex
  • StateMA
  • StreetPrincess Street
  • TownWakefield
  • Zip01880

Exterior

  • RoofShingle, Rubber

Property Information

  • Building Area Source Owner
  • Living Area 3,500
  • Lot Size Square Feet 3,537
  • Lot Size Units Acres
  • Square Feet3,500

Other

  • Buyer Agency Compensation2
  • Date Listed03/04/2024
  • Farm Land Area Units Square Feet
  • Sub Agency Compensation2
  • View Count22

Tax Information

  • Tax Assessed Value $1,001,700
  • Tax Year 2024
  • Taxes$11,269

Rooms

  • Bathroom5
  • Bathrooms Total Decimal 3.5
  • Bedrooms4
  • Full Bath2
  • Half Baths3

Building

  • BasementFull, Interior Entry, Bulkhead
  • Building Area Units Square Feet
  • FoundationStone
  • Patio And Porch Features Patio
  • Rooms12
  • Stories6
  • Units3
  • Window Features Box/Bay/Bow Window(s)
  • Year Built1880
  • Year Built Details Renovated Since
  • Year Built Source Public Records

Amenities

  • Accessibility Features Accessible Entrance
  • Amenities
    • Bike Path
    • Highway Access
    • Laundromat
    • Medical Facility
    • Park
    • Private School
    • Public School
    • Public Transportation
    • Shopping
    • T-Station
    • Walk/Jog Trails
  • Appliances IncludedRange, Dishwasher, Disposal, Refrigerator, Range Hood
  • Other AmenitiesBasement, Beachfront, Lakefront

Parking

  • Open Parking YN Yes
  • Parking Features Paved Drive, Off Street, Driveway, Other
  • Parking Spaces2

Basic Information

  • List Price$900,000
  • MLS Number73208182
  • Modification Date08/27/2024
  • Property SubType3 Family - 3 Units Up/Down
  • Purchase Contract Date08/09/2024

Property

  • Acreage0.08

Interior

  • Interior Features Living Room, Dining Room, Kitchen

Utilities

  • Cooling Central Air
  • Cooling YN Yes
  • Heat SystemYes
  • Heating Baseboard, Individual, Unit Control, Natural Gas
  • Sewer Public Sewer
  • Water Source Public

Water Body

  • Miles to Beach1
  • Waterfront Features Beach Front, Lake/Pond, Walk to,1/2 to 1 Mile To Beach
Listed by Richard Spinosa of Realty Direct Somerville

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) from third party sources, including sellers, lessors and public records, and were compiled by MLSPIN. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLSPIN and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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