About this home
***PRICE IMPROVEMENT***TURNKEY 2-UNIT MULTIFAMILY | RENOVATED | PRIME WAKEFIELD LOCATION | INVESTMENT OPPORTUNITYExceptional opportunity for owner-occupants, investors, or multigenerational living! This beautifully renovated 2-unit multifamily property combines modern updates, flexible living space, and a highly desirable Wakefield location—making it an ideal choice for those seeking income potential, long-term investment value, or a versatile multi-generational home. Both units have been thoughtfully updated and offer bright, sun-filled living spaces, functional layouts, and stylish modern finishes. Each unit features 3 bedrooms, 1.5 baths, a beautifully updated kitchen with new cabinetry, stainless steel appliances, and updated flooring, along with renovated bathrooms designed for today’s lifestyle. The property also offers a finished lower level, providing valuable bonus space that can be used as a home gym, recreation room, hobby space, office, or additional storage. Step outside to enjoy a private patio, perfect for outdoor dining, relaxing, or entertaining.Whether you're looking to live in one unit and generate rental income from the other, expand your investment portfolio, accommodate extended family, or maximize the flexibility of a two-family property, this turnkey multifamily delivers.Enjoy the best of Wakefield with Lake Quannapowitt just moments away, plus easy access to downtown restaurants, shopping, parks, recreation, and the commuter rail. The combination of renovated interiors, flexible living space, outdoor space, and a prime location makes this a compelling opportunity for both homeowners and investors.Move-in ready. Income-producing potential. Prime location. Endless possibilities. Don't miss this outstanding Wakefield multifamily opportunity!
Listing last checked: Listing updated:
Listed by Krassi Diehl · William Raveis R.E. & Home Services · MLS #73542126
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Details at a glance
Interior3 property facts
- Rooms
- 13
- Flooring
- Wood, Tile, Vinyl
- Basement
- Yes · Finished, Interior Entry
Building5 property facts
- Style
- 2 Family - 2 Units Side by Side
- Year built
- 1960
- Parking
- 5
- Foundation
- Concrete Perimeter
- Roof
- Shingle
Land & utilities5 property facts
- Lot size
- 0.12 acres
- Water
- Public
- Sewer
- Public Sewer
- Pool
- Not reported
- Zoning
- GR
Financial2 property facts
- Annual taxes
- $9,669
- Assessment year
- 2026
Location
Estimated monthly cost
Explore costs at the $1,555,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$8,669 / monthAdjust
- Principal & interest
- $7,863
- Property tax
- $806
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $9,669. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.
Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
More property insights
Automated value estimate $1,670,185
Estimated range $1,261,574–$2,078,795.
Automated estimates are not appraisals or guarantees of market value.
Request a professional market analysisPhoto-based condition insights
Overall presentation: above average
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About 22 Park St
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