About this home
Don’t miss this rare opportunity to acquire a turnkey, income-producing asset in the heart of Wakefield—combining established tenancy, commercial flexibility, recent renovations and an exceptional walkable location. This business-zoned, mixed-use property offers four 1-bedroom apartments plus first-floor commercial space, currently operating as a beauty salon, creating a compelling combination of residential and commercial income potential. All four apartments are leased providing established occupancy and income. Recent renovations include the commercial space and Unit 4 in 2025 and Units 2 and 3 in 2024. This property also offers off-street parking and the convenience of individual utilities. Ideally positioned directly across from the iconic Rockery and Wakefield Common, with downtown shopping, restaurants, cafés and public transportation just steps away. Lake Quannapowitt is also a short stroll away!
Listing last checked: Listing updated:
Listed by Rachel Gallant · Century 21 North East · MLS #73564750
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Details at a glance
Interior5 property facts
- Rooms
- 16
- Heating
- Electric
- Cooling
- Window Unit(s)
- Flooring
- Tile, Carpet
- Basement
- Yes · Full, Partially Finished, Interior Entry, Bulkhead, Concrete
Building4 property facts
- Style
- 4 Family - 4 Units Up/Down
- Year built
- 1880
- Parking
- 6
- Foundation
- Stone
Land & utilities5 property facts
- Lot size
- 0.12 acres
- Water
- Public
- Sewer
- Public Sewer
- Pool
- Not reported
- Zoning
- B
Financial2 property facts
- Annual taxes
- $14,819
- Assessment year
- 2026
Location
Estimated monthly cost
Explore costs at the $1,550,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$9,073 / monthAdjust
- Principal & interest
- $7,838
- Property tax
- $1,235
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $14,819. 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 $1,586,855
Estimated range $1,511,963–$1,661,747.
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 306 Main Street
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