Don’t miss this rare opportunity to acquire a turnkey, income-producing asset in the heart of Wakefield—combining established tenancy, commercial flexibility, recent renovations and an exceptional walkable location. This business-zoned, mixed-use property offers four 1-bedroom apartments plus first-floor commercial space, currently operating as a beauty salon, creating a compelling combination of residential and commercial income potential. All four apartments are leased providing established occupancy and income. Recent renovations include the commercial space and Unit 4 in 2025 and Units 2 and 3 in 2024. This property also offers off-street parking and the convenience of individual utilities. Ideally positioned directly across from the iconic Rockery and Wakefield Common, with downtown shopping, restaurants, cafés and public transportation just steps away. Lake Quannapowitt is also a short stroll away!
For sale
$1,550,000
306 Main St, Wakefield, MA 01880
4beds
3,542sqft
4 Family - 4 Units Up/Down
Built in 1880
-- sqft lot
$-- Zestimate®
$438/sqft
$-- HOA
What's special
Off-street parking
- 4 days |
- 250 |
- 5 |
Zillow last checked:
Listing updated:
Listed by:
Rachel Gallant 617-840-7696,
Century 21 North East 978-535-6500
Source: MLS PIN,MLS#: 73564750
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
Heating
- Electric
Cooling
- Window Unit(s)
Appliances
- Included: Washer, Dryer, Range, Refrigerator
Features
- Flooring: Tile, Carpet
- Basement: Full,Partially Finished,Interior Entry,Bulkhead,Concrete
- Has fireplace: No
Interior area
- Total structure area: 3,542
- Total interior livable area: 3,542 sqft
- Finished area above ground: 3,542
Property
Parking
- Total spaces: 6
- Parking features: Off Street, Paved
- Uncovered spaces: 6
Features
- Has view: Yes
- View description: Water, Lake
- Has water view: Yes
- Water view: Lake,Water
- Frontage length: 146.00
Lot
- Size: 5,062 Square Feet
- Features: Corner Lot
Details
- Parcel number: 818418
- Zoning: B
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 4 Family - 4 Units Up/Down
Materials
- Foundation: Stone
Condition
- Year built: 1880
Utilities & green energy
- Electric: Individually Metered
- Sewer: Public Sewer
- Water: Public
- Utilities for property: for Electric Range
Community & HOA
Community
- Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Private School, Public School, T-Station, Sidewalks
Location
- Region: Wakefield
Financial & listing details
- Price per square foot: $438/sqft
- Tax assessed value: $1,129,000
- Annual tax amount: $14,819
- Date on market: 8/17/2026
- Total actual rent: 11292
Estimated market value
Not available
Estimated sales range
Not available
$3,912/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/18/2026 | Listed for sale | $1,550,000+36%$438/sqft |
Source: MLS PIN #73564750 Report a problem | ||
| 3/30/2022 | Sold | $1,140,000+4.1%$322/sqft |
Source: MLS PIN #72930983 Report a problem | ||
| 1/16/2022 | Contingent | $1,095,000$309/sqft |
Source: MLS PIN #72930983 Report a problem | ||
| 1/4/2022 | Listed for sale | $1,095,000+91531.8%$309/sqft |
Source: MLS PIN #72930983 Report a problem | ||
| 5/12/2011 | Listing removed | $1,195 |
Source: Home Run Realty #70996543 Report a problem | ||
| 4/8/2011 | Listed for sale | $1,195-99.6% |
Source: Home Run Realty #70996543 Report a problem | ||
| 5/23/1988 | Sold | $283,000$80/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $1,074,800 +1% |
| 2024 | -- | $1,064,200 +10.1% |
| 2023 | -- | $966,600 +67% |
| 2022 | -- | $578,800 +4.2% |
| 2021 | -- | $555,700 +4.6% |
| 2020 | -- | $531,100 +6% |
| 2019 | -- | $501,100 +8.9% |
| 2018 | -- | $460,000 +3.5% |
| 2017 | -- | $444,500 -0.7% |
| 2016 | -- | $447,800 +4.9% |
| 2015 | -- | $426,900 +4% |
| 2011 | -- | $410,500 -7.5% |
| 2010 | -- | $443,700 |
| 2009 | -- | $443,700 |
| 2008 | -- | $443,700 +10.3% |
| 2007 | -- | $402,200 +5.8% |
| 2006 | -- | $379,999 +0.1% |
| 2005 | -- | $379,799 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Downtown
Nearby schools
GreatSchools rating
- 7/10Galvin Middle SchoolGrades: 5-8Distance: 0.4 mi
- 7/10Wakefield Memorial High SchoolGrades: 9-12Distance: 1.2 mi
- 8/10Dolbeare Elementary SchoolGrades: K-4Distance: 1 mi
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A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
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