Searching for an investment providing exceptional flexibility with virtually limitless residential and commercial uses, all packaged within a single asset? Look no further than 50 Albion St. Situated along a high-traffic corridor steps from Wakefield Center, this versatile space features a first floor open-concept floor plan, suitable for a variety of uses, including boutique retail, café, medical, legal, or professional services. With five bedrooms on the second and third floors, coupled with a full kitchen and full bath, it offers live-work potential, perfect for entrepreneurs desiring the convenience of living and operating a business within the same property. Residents and business owners alike can enjoy convenient access to schools, banks, a library, parks, eateries, coffee shops, and other local amenities, all within walking distance. Add parking for more than a dozen vehicles, a short walk to Boston's commuter rail and easy access to major highways, and this becomes a must see!
Pending
$990,000
50 Albion St, Wakefield, MA 01880
5beds
3,341sqft
Single Family Residence
Built in 1900
8,716 Square Feet Lot
$-- Zestimate®
$296/sqft
$-- HOA
What's special
Full kitchen
- 85 days |
- 75 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
James Fitzgerald 781-245-4498,
Barrett, Chris. J., REALTORS® 781-245-5011
Source: MLS PIN,MLS#: 73524465
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Features: Flooring - Hardwood, Lighting - Overhead
- Level: Second
- Area: 193.29
- Dimensions: 14.5 x 13.33
Bedroom 2
- Features: Flooring - Hardwood, Lighting - Overhead
- Level: Second
- Area: 135.63
- Dimensions: 11 x 12.33
Bedroom 3
- Features: Flooring - Hardwood, Lighting - Overhead
- Level: Second
- Area: 164.5
- Dimensions: 11.75 x 14
Bedroom 4
- Features: Flooring - Laminate, Lighting - Overhead
- Level: Third
- Area: 159.38
- Dimensions: 12.5 x 12.75
Bedroom 5
- Features: Flooring - Laminate, Lighting - Overhead
- Level: Third
- Area: 216.61
- Dimensions: 16.25 x 13.33
Bathroom 1
- Features: Bathroom - Full
- Level: First
- Area: 55
- Dimensions: 5.5 x 10
Bathroom 2
- Features: Bathroom - Full
- Level: Second
- Area: 55
- Dimensions: 5.5 x 10
Family room
- Features: Ceiling Fan(s), Flooring - Stone/Ceramic Tile, Flooring - Wall to Wall Carpet, Cable Hookup, High Speed Internet Hookup, Open Floorplan, Recessed Lighting, Remodeled, Lighting - Overhead
- Level: Main,First
- Area: 181.25
- Dimensions: 14.5 x 12.5
Kitchen
- Features: Ceiling Fan(s), Flooring - Laminate, Dining Area, Cabinets - Upgraded
- Level: Second
- Area: 201.5
- Dimensions: 15.5 x 13
Living room
- Features: Ceiling Fan(s), Flooring - Stone/Ceramic Tile, Flooring - Wall to Wall Carpet, High Speed Internet Hookup, Open Floorplan, Recessed Lighting, Remodeled, Lighting - Pendant, Lighting - Overhead
- Level: Main,First
- Area: 522
- Dimensions: 18 x 29
Office
- Features: Flooring - Stone/Ceramic Tile, Lighting - Overhead
- Level: Second
- Area: 61.63
- Dimensions: 8.5 x 7.25
Heating
- Central, Hot Water, Oil
Cooling
- Central Air, Wall Unit(s), Ductless
Appliances
- Included: Range, Washer, Dryer
- Laundry: Electric Dryer Hookup
Features
- Lighting - Overhead, Peninsula, Lighting - Pendant, Recessed Lighting, Bonus Room, Entry Hall, Office, Finish - Sheetrock, Internet Available - Broadband, Internet Available - Satellite
- Flooring: Tile, Vinyl, Flooring - Wall to Wall Carpet, Flooring - Stone/Ceramic Tile, Laminate
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 3,341
- Total interior livable area: 3,341 sqft
- Finished area above ground: 3,341
- Finished area below ground: 0
Property
Parking
- Total spaces: 14
- Parking features: Attached, Under, Paved Drive, Off Street, Paved
- Attached garage spaces: 2
- Uncovered spaces: 12
Features
- Patio & porch: Deck
- Exterior features: Deck, Rain Gutters
Lot
- Size: 8,716 Square Feet
- Features: Gentle Sloping
Details
- Parcel number: M:000012 B:0081 P:000161,817037
- Zoning: B
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Colonial
- Property subtype: Single Family Residence
Materials
- Frame
- Foundation: Stone
- Roof: Shingle
Condition
- Updated/Remodeled
- Year built: 1900
Utilities & green energy
- Electric: 200+ Amp Service
- Sewer: Public Sewer
- Water: Public
- Utilities for property: for Electric Range, for Electric Oven, for Electric Dryer
Community & HOA
Community
- Features: Public Transportation, Shopping, Park, Laundromat, Bike Path, Highway Access, House of Worship, Public School, T-Station, Sidewalks
HOA
- Has HOA: No
Location
- Region: Wakefield
Financial & listing details
- Price per square foot: $296/sqft
- Tax assessed value: $747,800
- Annual tax amount: $16,272
- Date on market: 5/27/2026
- Road surface type: Paved
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
$4,638/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/31/2026 | Pending sale | $990,000$296/sqft |
Source: MLS PIN #73524465 Report a problem | ||
| 7/17/2026 | Contingent | $990,000$296/sqft |
Source: MLS PIN #73524465 Report a problem | ||
| 5/27/2026 | Listed for sale | $990,000-17.5%$296/sqft |
Source: MLS PIN #73524465 Report a problem | ||
| 12/16/2025 | Listing removed | $1,200,000$359/sqft |
Source: MLS PIN #73448400 Report a problem | ||
| 10/28/2025 | Listed for sale | $1,200,000+123.9%$359/sqft |
Source: MLS PIN #73448400 Report a problem | ||
| 10/20/2016 | Sold | $536,000+2.1%$160/sqft |
Source: Public Record Report a problem | ||
| 1/26/2006 | Sold | $525,000$157/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $747,800 +4% |
| 2024 | -- | $718,700 +17.1% |
| 2023 | -- | $613,800 +14% |
| 2022 | -- | $538,200 +6.3% |
| 2021 | -- | $506,500 |
| 2020 | -- | $506,500 +3% |
| 2019 | -- | $491,900 +3.5% |
| 2018 | -- | $475,300 +3% |
| 2017 | $1,952 | $461,500 +4.9% |
| 2016 | $1,952 | $439,800 |
| 2015 | $1,952 | $439,800 |
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: 0.2 mi
- 7/10Wakefield Memorial High SchoolGrades: 9-12Distance: 1.2 mi
- 8/10Dolbeare Elementary SchoolGrades: K-4Distance: 1.1 mi
Schools provided by the listing agent
- Middle: Galvin
- High: Wmhs
Source: MLS PIN. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
- $1,118,30010 bd6 ba5.7k sqft58 Albion St, Wakefield, MA 01880Off Market
Save - $--1 bd1 ba-- sqft58 Albion St APT 6, Wakefield, MA 01880Off Market
Save 
- $--3 bd1 ba1k sqft53 Albion St FLOOR 3, Wakefield, MA 01880Off Market
Save 
- $1,005,0004 bd3 ba3.8k sqft53-55 Albion St, Wakefield, MA 01880Sold
Save 
- $934,2002 bd3 ba3.8k sqft53-55 Albion St, Melrose, MA 01880Off Market
Save - $--2 bd1 ba900 sqft53-55 Albion St #3, Wakefield, MA 01880Off Market
Save - $--2 bd1 ba1.2k sqft29 Richardson Ave SUITE 29, Wakefield, MA 01880Off Market
Save - $526,0002 bd1 ba1.2k sqft29 Richardson Ave, Wakefield, MA 01880Off Market
Save
A local agent can set up tours, give advice and negotiate with sellers.



