Nestled in a prime location near downtown Wakefield, this distinctive 2-family home offers exceptional opportunities for the owner-occupant seeking supplemental rental income or the savvy investor searching for a cash-flow positive asset. This spacious home blends original touches with tasteful updates (extensive 2002 addition). The partially finished basement and 3rd level complete with 2 bedrooms, kitchen, and 3/4 bath lends itself to a multigenerational living option. Large vinyl replacement windows throughout provide an abundance of natural light creating a warm, inviting atmosphere. Both units share a large basement as well as a two-level, 800 sq. ft. detached garage- offering flexibility for storage, a workshop, or finished space to provide additional rental income and virtually limitless opportunities. Just short steps to Town Hall, local restaurants, and Lake Quannapowitt as well as easy access to public transportation and major highways, make this your next, wise investment!
Wakefield is located in Massachusetts. Wakefield, Massachusetts has a population of 27,041. Wakefield is less family-centric than the surrounding county with 34.85% of the households containing married families with children. The county average for households married with children is 35.9%.
The median household income in Wakefield, Massachusetts is $110,372. The median household income for the surrounding county is $111,790 compared to the national median of $69,021. The median age of people living in Wakefield is 43.8 years.
The average high temperature in July is 81.9 degrees, with an average low temperature in January of 17.6 degrees. The average rainfall is approximately 49.4 inches per year, with 47.9 inches of snow per year.
