Pending

$569,000

294 Water St, Wakefield, MA 01880

2beds

1,195sqft

$3,874/mo

Get pre-qualified

Single Family Residence

Built in 1925

3,058 Square Feet Lot

$549,100 Zestimate^®

$476/sqft

$-- HOA

What's special

Low maintenance backyardStreet frontSpacious size unit

MIX USE opportunity awaits! Choose your own path: rental income, commercial income or make it your own beautiful home! Is a low maintenance backyard one of your check off boxes? Here it is. Imagine creating your own outdoor space with greenery, florals and a gorgeous patio! Street front Unit 1 has been rented to small businesses in the past. It is a spacious size unit, steps up to second room that has a 1/3 bath and storage area off to the left. Unit 2 is a quaint, easy to take care of two bedroom, living and kitchen apartment with archways to give this space character. Get creative with this property! Make appointment today to view what it has to offer.

80 days
389
3

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2
Full bathrooms: 1
1/2 bathrooms: 1

Heating

Forced Air, Natural Gas

Cooling

Wall Unit(s), 3 or More

Appliances

Included: Electric Water Heater, Water Heater, Range, Disposal
Laundry: Electric Dryer Hookup, Washer Hookup

Features

Flooring: Tile, Vinyl, Carpet
Doors: Storm Door(s)
Windows: Insulated Windows
Basement: Unfinished
Has fireplace: No

Interior area

Total structure area: 1,195
Total interior livable area: 1,195 sqft
Finished area above ground: 1,195
Finished area below ground: 806

Property

Parking

Total spaces: 2
Parking features: Paved Drive, Shared Driveway, Off Street, Paved
Uncovered spaces: 2

Features

Exterior features: Rain Gutters, Storage, Fenced Yard
Fencing: Fenced/Enclosed,Fenced

Lot

Size: 3,058 Square Feet
Features: Gentle Sloping

Details

Parcel number: 821638
Zoning: SR

Construction

Type & style

Home type: SingleFamily
Architectural style: Other (See Remarks)
Property subtype: Single Family Residence

Materials

Frame
Foundation: Stone
Roof: Shingle,Rubber

Condition

Year built: 1925

Utilities & green energy

Electric: Circuit Breakers, 100 Amp Service
Sewer: Public Sewer
Water: Public
Utilities for property: for Electric Oven, for Electric Dryer, Washer Hookup

Community & HOA

Community

Features: Public Transportation, Shopping, Park, Bike Path, Highway Access, House of Worship, Public School, Sidewalks

HOA

Has HOA: No

Location

Region: Wakefield

Financial & listing details

Price per square foot: $476/sqft
Tax assessed value: $507,000
Annual tax amount: $7,724
Date on market: 7/15/2026
Listing terms: Contract
Exclusions: Refridgerator, Washer, Dryer. See Inclusion/Exclusion Document
Road surface type: Paved

Estimated market value

$549,100

$522,000 - $577,000

$2,925/mo

Price history

Date	Event	Price
9/23/2026	Pending sale	$569,000$476/sqft
Source: MLS PIN #73547039 Report a problem
9/10/2026	Contingent	$569,000$476/sqft
Source: MLS PIN #73547039 Report a problem
7/9/2026	Listed for sale	$569,000$476/sqft
Source: MLS PIN #73547039 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	--	$482,900 +1%
2024	--	$478,100 +10%
2023	--	$434,600 +16%
2022	--	$374,500 +4.6%
2021	--	$358,000 +4.6%
2020	--	$342,100 +6%
2019	--	$322,800 +8.2%
2018	--	$298,200 +3.5%
2017	$946	$288,000 +0.2%
2016	$946	$287,500 +4.8%
2015	$946	$274,300 +21.4%
2011	--	$225,900 -9.8%
2010	--	$250,500
2009	--	$250,500
2008	--	$250,500 +21%
2007	--	$207,000 +5.4%
2006	--	$196,400 -3.2%
2005	--	$202,800 -2.6%
2004	--	$208,300 +0.2%
2003	$2,299 +3.7%	$207,900
2002	$2,218	$207,900 +76.6%
2000	--	$117,700 +2%
1999	--	$115,400