Multi-Family for Sale: 21-21A Princess St, Wakefield, MA 01880 SOLD

4 beds
2 full, 3 half baths
3,500 sqft
$865,000
$865,000
21-21A Princess St, Wakefield, MA 01880 SOLD
4 beds
2 full, 3 half baths
3,500 sqft
$865,000
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Selling Price: $865,000
Original List Price: $999,000
Sold at 86.6% of list price
Sold Date: 10/23/2024

Type Multi-Family
Beds 4
Total Baths 2 full, 3 half baths
Square Feet 3,500 sqft
Lot Size 0.08 acres
Year Built 1880

City Wakefield
County Middlesex

MLS 73208182
Status Closed
DOM 233 days
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

Lot & Building Features

Appliances Dishwasher, Refrigerator, Range Hood, Range, Disposal
Cooling Central Air
Heating Baseboard, Unit Control, Natural Gas, Individual
Sewer Public Sewer
Tax Year 2024
Taxes Paid $11,269
Water Public
Foundation Stone
Interior Features Dining Room, Living Room, Kitchen
Roof Rubber, Shingle
Full Baths 2
Half Baths 3
Parking Driveway, Paved Drive, Other, Off Street
Total Rooms 12
Basement Feature Bulkhead, Interior Entry, Full
Garage Spaces 0
Waterfront 1/2 to 1 Mile To Beach, Walk to, Lake/Pond, Beach Front

Price History of 21-21A Princess St, Wakefield, MA

Date Name Price Difference
08/01/2024 Price Adjustment $865,000 8.85%
05/30/2024 Price Adjustment $949,000 5.01%
03/04/2024 Listing Price $999,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Map of 21-21A Princess St, Wakefield, MA

Location Map Street View
Photo of Altona Kercher
Direct: 603-275-0516
Office
200 Rockingham Road.
Londonderry, NH 03053
603-437-4447
Listed by Realty Direct Somerville, Richard Spinosa
Sold by Realty Direct Somerville, Kim Mulligan
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1%
6.75%
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Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Realty Direct Somerville

The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information 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. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.