466 Water St, Wakefield, Massachusetts 01880

$750,000
2
BD
2
BA
1,674
SqFt
List Price
$750,000
MLS#
72987278
Bedrooms
2
Full Bathrooms
2
Sq. Ft
1,674
Lot Size
16,993
County
Middlesex
Year Built
1944
Status
UNDER AGREEMENT

Property Description

Fantastic rare multi-unit development opportunity in Wakefield. Existing owner occupied single family home is zoned for Business, with a small portion of the lot zoned residential. A two family unit can be built by right, and a 3 to 4 unit family can be built by special permit. House is being sold as is, which is a single family home. Can also be developed into a business property. Unique opportunity for development or business property location. Lot is 16993 square feet in total. Large shed/garage on property has heat and electricity which could possibly be made into a second unit, or build as required for brand new construction units.

Additional Information

Days on Market
33
Taxes
$6,332
Tax Year
2021
Assessment
497400
Fireplaces
1
Amenities
Public Transportation, Shopping, Park, Walk/Jog Trails, Conservation Area, Public School
Basement
Yes
Basement Features
Full
Hotwater
Natural Gas
Lot Description
Corner
Parking Spaces
10
Acres
0.39
Price Per Sqft
$448
Disclosures
Property is Business zoned by city. Mutli family units possible as follows: 2 family is by right, 3 to 4 family by special permit. House is currently owner-occupied single family.

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Calculator source: Real Geeks

Listing courtesy of Peter Castrichini from Barry Realty Group, LLC

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