53-55 Albion St Wakefield MA 01880 MLS #73195862

53-55 Albion St
Wakefield, MA, 01880
$1,040,000
4 Beds
2 Baths
3,852 SqFt
0.05 Acres
$1,040,000
53-55 Albion St
Wakefield, MA, 01880
Business zoned downtown mixed use building in the Albion Street Wakefield business district. Three unit building includes 2 residential rental apartments with a beautifully fit out 1,650 +- retail space. The expansive sales floor is 47X25 and includes a L shaped service counter, a 15X7 office,18X9 storage room, newer kitchenette, half bath, plus a 13X16 step up rear storage area. The 2nd floor is a leased 4 room, 1 bedroom apartment. The top floor 3 bedroom unit is freshly painted and renovated with a new kitchen and appliances, all new windows, laminate floors and doors. The building has a “walk score” of 87 and is located less than 1/3 of a mile to commuter rail and or downtown shops and restaurants.

Property Details

Price:
$1,040,000
MLS #:
73195862
Status:
Pending
Beds:
4
Baths:
2
Address:
53-55 Albion St
Type:
Multi Family
City:
Wakefield
Listed Date:
Jan 23, 2024
State:
MA
Finished Sq Ft:
3,852
ZIP:
01880
Lot Size:
2,073 sqft / 0.05 acres (approx)
Year Built:
1900

Schools

Elementary School:
Tbd
Middle School:
Galvin
High School:
Wakefield

Interior

Appliances
Refrigerator, Range
Bathrooms
2 Full Bathrooms, 1 Half Bathroom
Cooling
Central Air, None
Flooring
Wood, Tile, Vinyl, Carpet, Varies, Laminate, Stone/ Ceramic Tile
Heating
Forced Air, Natural Gas, Individual

Exterior

Community Features
Public Transportation, Shopping, Park, Walk/ Jog Trails, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Public School, T- Station, Sidewalks
Construction Materials
Frame
Roof
Shingle

Financial

Buyer Agent Compensation
2%
Net Operating Income
$22,200
Tax Year
2024
Taxes
$9,770
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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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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.
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53-55 Albion St
Wakefield, MA