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Bean Group
Offered at $1,100,000Active
beds
8
baths
5
sq ft
3,613
Built
1885

24 Park St

Wakefield, MA 01880

About this home

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!

Listing last checked: Listing updated:

Listed by James Fitzgerald · Barrett, Chris. J., REALTORS® · MLS #73578903

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Details at a glance

Interior6 property facts
Rooms
17
Heating
Forced Air, Oil, Electric
Cooling
Window Unit(s), Wall Unit(s)
Flooring
Wood, Tile, Laminate, Pine, Stone/Ceramic Tile
Basement
Yes · Partially Finished, Bulkhead, Sump Pump, Unfinished
Fireplaces
2
Building6 property facts
Style
Multi Family
Year built
1885
Garage
2
Parking
10
Foundation
Stone
Roof
Shingle
Land & utilities5 property facts
Lot size
0.14 acres
Water
Public
Sewer
Public Sewer
Pool
Not reported
Zoning
GR
Financial2 property facts
Annual taxes
$14,251
Assessment year
2026

Location

Estimated monthly cost

Explore costs at the $1,100,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$6,750 / monthAdjust
Principal & interest
$5,562
Property tax
$1,188
Insurance
Not entered
HOA
Not entered

Listing annual taxes: $14,251. 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.

Price and status timeline

  1. Exp

    $1,130,000 · Jun 3, 2026

  2. Exp

    $1,200,000 · Sep 25, 2025

  3. Exp

    $1,200,000 · Jun 4, 2025

More property insights

Automated value estimate $1,120,136

Estimated range $1,041,491–$1,198,781.

Automated estimates are not appraisals or guarantees of market value.

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Photo-based condition insights

Overall presentation: average

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About 24 Park St

Can I request a private showing?

Request a tour of 24 Park St and a Bean Group agent will help coordinate an available time with the listing side.

Can you help me evaluate this property?

Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.

Are property documents available?

Availability varies by property and source. Request the documents you need and we will help obtain what is available.