Wakefield, MA 01880,442 Water St
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Wakefield, MA 01880,442 Water St
Wakefield, MA 01880,442 Water St
Wakefield, MA 01880,442 Water St
Wakefield, MA 01880,442 Water St

$1,499,900

Est. payment /mo

$1,499,900

Est.Price: ?

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442 Water St Wakefield, MA 01880

5,698 SqFt

SOLD DATE : 07/29/2024

Key Details

Sold Price $1,499,900

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

Square Footage 5,698 sqft

Price per Sqft $263

MLS Listing ID 73222031

Sold Date 07/29/24

HOA Y/N false

Year Built 1950

Annual Tax Amount $16,085

Tax Year 2024

Lot Size 0.440 Acres

Acres 0.44

Property Description

Mixed use building in a highly visible location with excellent off-street parking. The first floor consists of 4 private offices a conference room with kitchenette, two half baths, a reception and bullpen area. Currently used as office space, but adaptable to many businesses with subdivision possibilities. The 2nd floor has three spacious one-bedroom apartments. The rents are well below market at $1,200 Taw #1, $1,700 #2 lease and $ 1,500 #3 Taw. This is a great opportunity to run your business with parking while collecting rental income in a highly visible location. Some expenses include Snow removal $3,450, Insurance $2,661.99, Heat $4,867.09. Water $1,655.59

Location

State MA

County Middlesex

Zoning B

Direction Water street near Farm and Montrose

Exterior

Utilities Available Public Water, Private Sewer, Sewer Available

Waterfront false

Total Parking Spaces 18

Others

Senior Community false

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Listed by Barrett, Chris. J., REALTORS®
Bought with Barron & Tiberi • Core Property Group, LLC

Peter Pezzano

Agent | License ID: 9520972

+1(617) 913-2730

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