Wakefield, MA 01880,442 Water St
Wakefield, MA 01880,442 Water St
Wakefield, MA 01880,442 Water St
$1,499,900
Est. payment /mo
$1,499,900
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

5,698 SqFt
SOLD DATE : 07/29/2024

Key Details

Sold Price $1,499,900

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

Square Footage 5,698 sqft

Price per Sqft $263

MLS Listing ID 73222031

Sold Date 07/29/24

HOA Y/N false

Year Built 1950

Annual Tax Amount $16,085

Tax Year 2024

Lot Size 0.440 Acres

Acres 0.44

Property Description

Mixed use building in a highly visible location with excellent off-street parking. The first floor consists of 4 private offices a conference room with kitchenette, two half baths, a reception and bullpen area. Currently used as office space, but adaptable to many businesses with subdivision possibilities. The 2nd floor has three spacious one-bedroom apartments. The rents are well below market at $1,200 Taw #1, $1,700 #2 lease and $ 1,500 #3 Taw. This is a great opportunity to run your business with parking while collecting rental income in a highly visible location. Some expenses include Snow removal $3,450, Insurance $2,661.99, Heat $4,867.09. Water $1,655.59

Location

State MA

County Middlesex

Zoning B

Direction Water street near Farm and Montrose

Exterior

Utilities Available Public Water, Private Sewer, Sewer Available

Total Parking Spaces 18

Others

Senior Community false

Read Less Info

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP


Listed by Barrett, Chris. J., REALTORS®
Bought with Barron & Tiberi • Core Property Group, LLC

Get More Information

Ryan Askew

+1(508) 440-6100

Sales Associate | License ID: 9578345

Sales Associate License ID: 9578345

Name

Phone*

Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.