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Active

294 Water Street

Wakefield, MA 01880

Offered at$569,000

Residential · Active · MLS #73547039
Listing Courtesy of Classified Realty Group | Margie Roberto

2Bedrooms
2Bathrooms
1,195Square feet
1925Year built

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MLS PIN data

About this home

MIX USE opportunity awaits! Choose your own path: rental income, commercial income or make it your own beautiful home! Is a low maintenance backyard one of your check off boxes? Here it is. Imagine creating your own outdoor space with greenery, florals and a gorgeous patio! Street front Unit 1 has been rented to small businesses in the past. It is a spacious size unit, steps up to second room that has a 1/3 bath and storage area off to the left. Unit 2 is a quaint, easy to take care of two bedroom, living and kitchen apartment with archways to give this space character. Get creative with this property! Make appointment today to view what it has to offer.

Property information

Details at a glance

Interior

Rooms
6
Heating
Forced Air, Natural Gas
Cooling
Wall Unit(s), 3 or More
Flooring
Tile, Vinyl, Carpet

Building

Style
Single Family Residence
Year built
1925
Parking
2
Foundation
Stone
Roof
Shingle, Rubber

Land & utilities

Lot size
0.07 acres
Water
Public
Sewer
Public Sewer
Zoning
SR

Financial

Annual taxes
$7,724
Assessment year
2026

Listing history

Price and status timeline

  1. New

    $569,000 · Jul 9, 2026

Property value estimate

An informed starting point

Estimated value$600,510

Estimated range $549,704$651,317

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Automated estimates are not appraisals or guarantees of market value.

Comparable sales

Recent properties for context

Sold Jun 30, 2026$560,000

73 Sweetwater St

Sold Jul 29, 2026$565,000

32 Glendale Ave

Sold Jul 10, 2026$539,000

38 Veranda Ave

Photo insights

Condition signals

Overall presentationbelow average

Generated from listing photography; not a substitute for an inspection.

Local market context

How this home compares in Wakefield

MetricThis propertyWakefield
List price$569,000$767,45026% below local
Price / sq ft$476$5056% below local
Days on market194255% below local
Explore homes in Wakefield

Active city listing statistics from MLS PIN as of September 6, 2026. Asking prices are not completed-sale values.

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Common questions

About 294 Water Street

Can I schedule a private showing?

Yes. Request a tour of 294 Water Street 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.