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Image 1 - 21-21a Princess St, Wakefield, Massachusetts, 01880 - House for sale
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Home For Sale In Wakefield, Massachusetts
21-21a Princess St, Wakefield, Massachusetts, 01880

Home For Sale In Wakefield, Massachusetts

house for sale
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Listed: 03/07/24

21-21a Princess St, Wakefield, Massachusetts, 01880

4 Bed:
2.5 Bath:
3,500 Sq Ft Living Area:
Save
Price
$ 999,000

About This House

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 currently are TAW and are currently fetching $3700 gross income. The commercial space is a fully equipped restaurant, is handicap accessible, and includes 2 patron restrooms and 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 3 …  Full description

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Wakefield Housing & Living

Household Income

Median household income: $92,252
Number of households: 10,532
The average household income in Wakefield, MA grew from $90,911 to $92,252 in the past year. This data is an estimate based upon 10,532 households in Wakefield, MA.
The chart below presents how household income is distributed in Wakefield, MA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Wakefield, MA compared to median property taxes around the country. The prevalent amount of property taxes in Wakefield, MA equals $3k+ , which is more than the national average.