$1,499,900
442 Water St
Wakefield, MA, 01880
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
Property Details
Price:
$1,499,900
MLS #:
73222031
Status:
Active
Beds:
0
Baths:
5
Address:
442 Water St
Type:
Commercial
City:
Wakefield
Listed Date:
Apr 10, 2024
State:
MA
Finished Sq Ft:
5,698
ZIP:
01880
Lot Size:
19,027 sqft / 0.44 acres (approx)
Year Built:
1950
Schools
Interior
Exterior
Parking Spots
18
Financial
Buyer Agent Compensation
2.0%
Tax Year
2024
Taxes
$16,085
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…
More About MarieMortgage Calculator
Map
Similar Listings Nearby
- 31-33 Montvale Ave
Stoneham, MA$1,875,000
2.97 miles away
- 1 Bourbon Street
Peabody, MA$1,800,000
4.71 miles away
- 532 Lowell St
Peabody, MA$1,700,000
4.65 miles away
- 297 Broadway
Lynn, MA$1,495,000
4.62 miles away
- 10 Harvard Ave
Saugus, MA$1,455,000
4.61 miles away
- 47 Repair Ave
Malden, MA$1,400,000
4.68 miles away
- 7 Hart St
Wakefield, MA$1,299,900
0.54 miles away
- 18-20 Melvin St
Wakefield, MA$1,299,000
0.68 miles away
- 325 Central St
Saugus, MA$1,199,995
3.25 miles away
Courtesy of Barrett, Chris. J., REALTORS®. The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
442 Water St
Wakefield, MA
LIGHTBOX-IMAGES