Sold Aug 14, 2026
$640,000About this home
Attention builders, investors and developers. Discover this incredible value-add opportunity at 293 Albion St, a rare two-family home situated in the highly desirable West Side of Wakefield. This property offers a wealth of classic character with hardwood floors throughout and soaring high ceilings that create an airy, spacious feel. The first-floor unit features three large rooms and one bedroom. The massive second-floor unit is truly exceptional, offering nine rooms and five bedrooms, making it perfect for a large household or an investor looking to maximize rental returns in a high-demand market. The location is unbeatable for commuters, with close proximity to the Commuter Rail station, the Wakefield/Reading bus stop, and quick access to Routes 128/95 and 93. Enjoy the lifestyle benefits of being moments away from scenic Lake Quannapowitt and the vibrant shopping and dining in downtown Wakefield. Bring your vision and custom updates to unlock the full potential of this house.
Listing last checked: Listing updated:
Listed by Dna Realty Group · Keller Williams Realty · MLS #73589084
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Details at a glance
Interior5 property facts
- Rooms
- 11
- Heating
- Oil
- Flooring
- Hardwood
- Basement
- Yes · Full, Bulkhead
- Fireplaces
- 1
Building4 property facts
- Style
- 2 Family - 2 Units Up/Down
- Year built
- 1900
- Parking
- 2
- Foundation
- Concrete Perimeter
Land & utilities5 property facts
- Lot size
- 0.07 acres
- Water
- Public
- Sewer
- Public Sewer
- Pool
- Not reported
- Zoning
- GR
Financial2 property facts
- Annual taxes
- $7,783
- Assessment year
- 2025
Location
Estimated monthly cost
Explore costs at the $699,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$4,183 / monthAdjust
- Principal & interest
- $3,535
- Property tax
- $649
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $7,783. 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 $736,569
Estimated range $631,768–$841,371.
Automated estimates are not appraisals or guarantees of market value.
Request a professional market analysisComparable properties 1 supplied
Photo-based condition insights
Overall presentation: average
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About 293 Albion
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Request a tour of 293 Albion 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.