For sale

$1,100,000

24 Park St, Wakefield, MA 01880

8beds

3,613sqft

$7,410/mo

Get pre-qualified

Multi Family

Built in 1885

-- sqft lot

$1,084,600 Zestimate^®

$304/sqft

$-- HOA

What's special

Warm inviting atmosphereAbundance of natural lightLarge basement

Nestled in a prime location near downtown Wakefield, this distinctive 2-family home offers exceptional opportunities for the owner-occupant seeking supplemental rental income or the savvy investor searching for a cash-flow positive asset. This spacious home blends original touches with tasteful updates (extensive 2002 addition). The partially finished basement and 3rd level complete with 2 bedrooms, kitchen, and 3/4 bath lends itself to a multigenerational living option. Large vinyl replacement windows throughout provide an abundance of natural light creating a warm, inviting atmosphere. Both units share a large basement as well as a two-level, 800 sq. ft. detached garage- offering flexibility for storage, a workshop, or finished space to provide additional rental income and virtually limitless opportunities. Just short steps to Town Hall, local restaurants, and Lake Quannapowitt as well as easy access to public transportation and major highways, make this your next, wise investment!

9 days
411
21

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 8
Bathrooms: 5
Full bathrooms: 5

Heating

Forced Air, Oil, Electric

Cooling

Window Unit(s), Wall Unit(s)

Appliances

Included: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer

Features

Ceiling Fan(s), Pantry, Storage, Upgraded Countertops, Bathroom with Shower Stall, Bathroom With Tub & Shower, Slider, Internet Available - Broadband, Internet Available - DSL, Living Room, Dining Room, Kitchen, Family Room
Flooring: Wood, Tile, Laminate, Pine, Stone/Ceramic Tile
Windows: Insulated Windows
Basement: Partially Finished,Bulkhead,Sump Pump,Unfinished
Number of fireplaces: 2
Fireplace features: Gas

Interior area

Total structure area: 3,613
Total interior livable area: 3,613 sqft
Finished area above ground: 3,613

Property

Parking

Total spaces: 10
Parking features: Paved Drive, Off Street, Tandem, Common, Paved
Garage spaces: 2
Uncovered spaces: 8

Features

Patio & porch: Deck, Deck - Wood
Exterior features: Balcony/Deck, Rain Gutters, Garden
Fencing: Fenced/Enclosed,Fenced
Has view: Yes
View description: City View(s)

Lot

Size: 6,085 Square Feet
Features: Zero Lot Line, Level

Details

Additional structures: Barn/Stable
Parcel number: M:000017 B:0200 P:000051,818517
Zoning: GR

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Stone
Foundation: Stone
Roof: Shingle

Condition

Year built: 1885

Utilities & green energy

Electric: Circuit Breakers, 200+ Amp Service, Individually Metered
Sewer: Public Sewer
Water: Public
Utilities for property: for Gas Range, for Electric Range, for Gas Oven, for Electric Oven

Community & HOA

Community

Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Laundromat, Bike Path, Highway Access, House of Worship, Public School, T-Station, Sidewalks

Location

Region: Wakefield

Financial & listing details

Price per square foot: $304/sqft
Tax assessed value: $1,213,900
Annual tax amount: $14,251
Date on market: 9/25/2026
Total actual rent: 0
Road surface type: Paved

Estimated market value

$1,084,600

$1.03M - $1.14M

$3,611/mo

Price history

Date	Event	Price
9/17/2026	Listed for sale	$1,100,000-2.7%$304/sqft
Source: MLS PIN #73578903 Report a problem
9/4/2026	Listing removed	$1,130,000$313/sqft
Source: MLS PIN #73528798 Report a problem
8/13/2026	Price change	$1,130,000-1.7%$313/sqft
Source: MLS PIN #73528798 Report a problem
6/18/2026	Price change	$1,150,000-4.2%$318/sqft
Source: MLS PIN #73528798 Report a problem
6/3/2026	Listed for sale	$1,200,000$332/sqft
Source: MLS PIN #73528798 Report a problem
12/25/2025	Listing removed	$1,200,000$332/sqft
Source: MLS PIN #73435837 Report a problem
9/25/2025	Listed for sale	$1,200,000$332/sqft
Source: MLS PIN #73435837 Report a problem
6/28/2025	Listing removed	$1,200,000$332/sqft
Source: MLS PIN #73385819 Report a problem
6/5/2025	Listed for sale	$1,200,000+521.8%$332/sqft
Source: MLS PIN #73385819 Report a problem
8/18/1995	Sold	$193,000$53/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$13,105 -1%	$1,154,600 -1.8%
2024	$13,232 +5.2%	$1,176,200 +9.7%
2023	$12,580 +7.5%	$1,072,500 +12.9%
2022	$11,703 +9.2%	$949,900 +12.9%
2021	$10,715 +7.6%	$841,700 +8%
2020	$9,954 +3.7%	$779,500 +4.2%
2019	$9,599 +5.2%	$748,200 +6.2%
2018	$9,126 +4.8%	$704,700 +5.5%
2017	$8,705 +12.6%	$668,100 +16.6%
2016	$7,728 +2%	$572,900 +1.9%
2015	$7,578 +9.7%	$562,200 +4%
2014	$6,911 +6%	$540,800 +1.9%
2013	$6,521 +0.9%	$530,600 -2.3%
2012	$6,462 +3.8%	$543,000
2011	$6,223 +7%	$543,000 +1.6%
2010	$5,815 -1.3%	$534,500 -5.4%
2009	$5,891 -2.6%	$564,800 -9.9%
2008	$6,050 +1.7%	$626,900 +0.3%
2007	$5,951 +4.5%	$625,100 +2%
2006	$5,695 +9.4%	$613,000 +6.7%
2005	$5,205 +39%	$574,500 +74.9%
2004	$3,744 +18.6%	$328,400 +15%
2003	$3,158 +3.7%	$285,500
2002	$3,046 +9.7%	$285,500 +40.4%
2000	$2,776 +2%	$203,400 +4.7%
1999	$2,721	$194,200