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21 21a Princess St

Wakefield, MA 01880

4 beds
5 baths
3,500 sqft
3,537 sqft lot
$247 per sqft
1880 build
– on site

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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

Listing courtesy of MLSPIN / Richard Spinosa / Realty Direct Somerville

Last checked: Checking… • Last updated Oct 24, 2024 •

MLS# 73208182 —

The Building

Year Built:

1880
Year Built Details:

Renovated Since
Year Built Source:

Public Records
Roof:

Shingle
Basement:

Full
Foundation Details:

Stone
Window Features:

Box/Bay/Bow Window(s)
Patio And Porch Features:

Patio
Accessibility Features:

Accessible Entrance
Stories Total:

6
# of Units Total:

3
Building Area Total:

3500
Building Area Units:

Square Feet
Building Area Source:

Owner

Interior

Rooms Total:

12
Interior Features:

Living Room
Fireplace:

false

Room Dimensions

Living Area:

3500

Location

Directions:

off main street in Downtown Wakefield
Latitude:

42.503814
Longitude:

-71.06981

The Property

Parcel Number:

M:000017 B:0076 P:000142,818409
Property Type:

Residential Income
Property Subtype:

3 Family - 3 Units Up/Down
Lot Features:

Level
Lot Size Units:

Acres
Lot Size Area:

0.08
Lot Size SqFt:

3537
Lot Size Acres:

0.08
Zoning:

B
Waterfront:

false
Waterfront Features:

Beach Front
Farm Land Area Units:

Square Feet
Road Frontage Type:

Public

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Book Number:

43827
Tax Annual Amount:

11269.12
Tax Assessed Value:

1001700

Beds

Bedrooms Total:

4

Baths

Total Baths:

3.5
Total Baths:

5
Full Baths:

2
Half Baths:

3

The Listing

Home Warranty:

false
Sub Agency Relationship Offered:

Yes

Heating & Cooling

Heating:

Baseboard
Heating:

true
Cooling:

Central Air
Cooling:

true

Utilities

Sewer:

Public Sewer
Water Source:

Public

Appliances

Appliances:

Range

The Community

Senior Community:

false
Community Features:

Public Transportation
Spa:

false

Parking

Garage:

false
Parking Total:

2
Parking Features:

Paved Drive
Open Parking:

true

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
10/23/24 Oct 23, 2024	Sold	MLSPIN	$865,000	-3.9%
8/27/24 Aug 27, 2024	Pending	MLSPIN	$900,000
8/1/24 Aug 1, 2024	Price Changed	MLSPIN	$900,000	-5.2%

Multifamily Sold on 10/23/2024

$865,000

Listing provided by broker:

Richard Spinosa

Realty Direct Somerville

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Listing Courtesy of: MLSPIN and Realty Direct Somerville.

The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) 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., Estately and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Users may not reproduce or redistribute the data found on this site. The data is for viewing purposes only. All information provided is deemed reliable but is not guaranteed by Estately or MLSPIN and should be independently verified.

21 21a Princess St

Wakefield, MA 01880