306 Main Street Wakefield MA 01880 | MLS #73564750

306 Main Street
Wakefield, MA, 01880
$1,550,000
4 Beds
4.5 Baths
3,542 SqFt
0.12 Acres
$1,550,000
306 Main Street
Wakefield, MA, 01880
MLS #73564750 image #0
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!

Property Details

Price:
$1,550,000
MLS #:
73564750
Status:
Active
Beds:
4
Baths:
4.5
Type:
Multi Family
Subtype:
4 Family – 4 Units Up/Down
Listed Date:
Aug 17, 2026
Finished Sq Ft:
3,542
Total Sq Ft:
3,542
Lot Size:
5,062 sqft / 0.12 acres (approx)
Year Built:
1880
Units:
5

Schools

Interior

Above Grade Finished Area
3542
Appliances
Washer, Dryer, Range, Refrigerator
Bathrooms
4 Full Bathrooms, 1 Half Bathroom
Cooling
Window Unit(s)
Flooring
Tile, Carpet
Heating
Electric
Levels
5

Exterior

Community Features
Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Private School, Public School, T-Station, Sidewalks
Lot Features
Corner Lot
Open Parking Spaces
6
Open Parking YN
1
Parking Features
Off Street, Paved
Parking Spots
6
Parking Total
6
Stories
5

Financial

Net Operating Income
$123,899
Tax Year
2026
Taxes
$14,819
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Marie Andrews

Marie Andrews

Realtor®, Broker/Owner, GBREB, Notary Public

Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…

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Map

Current real estate data for Multi Family in Wakefield as of Aug 31, 2026
10
Multi Family Listed
73
Avg DOM
355
Avg $ / SqFt
$1,104,200
Avg List Price

Community

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Property Summary

    306 Main Street Wakefield MA is a Multi Family for sale in Wakefield, MA, 01880. It is listed for $1,550,000 To schedule a showing of MLS#73564750 at 306 Main Street in Wakefield, MA, contact your Pegasus Realty LLC agent at 781-858-3505.
306 Main Street
Wakefield, MA