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Derrike Schmitt
REALTOR®
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24 Park St, Wakefield, MA 01880

$1,200,000
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New to the Market Active
BEDS8 BATHS5 full SQUARE FEET3,613 MLS#73528798
STATUSActive PROPERTY TYPEMulti Unit - Multiple

Property Description

Nestled in a prime location near downtown Wakefield, this distinctive 2-family home offers exceptional opportunities for the owner-occupant seeking supplemental rental income or the savvy investor searching for a cash-flow positive asset. This spacious home blends original touches with tasteful updates (extensive 2002 addition). The partially finished basement and 3rd level complete with 2 bedrooms, kitchen, and 3/4 bath lends itself to a multigenerational living option. Large vinyl replacement windows throughout provide an abundance of natural light creating a warm, inviting atmosphere. Both units share a large basement as well as a two-level, 800 sq. ft. detached garage- offering flexibility for storage, a workshop, or finished space to provide additional rental income and virtually limitless opportunities. Just short steps to Town Hall, local restaurants, and Lake Quannapowitt as well as easy access to public transportation and major highways, make this your next, wise investment!

24 Park St | MLS# 73528798

This multi-family property located at 24 Park St, Wakefield, MA 01880 is currently listed for sale with an asking price of $1,200,000. Search Wakefield real estate on derrikeschmitt.masiellogrouprealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Partially Finished, Bulkhead, Sump Pump, Unfinished
Cooling: Window Unit(s), Wall Unit(s)
Fenced: Yes
Fireplaces: 2
Garage: 2
Heating: Forced Air, Oil, Electric
Lot Size: 0.14 Acres
Roof Type: Shingle
Stories: 5.0
Taxes: $14,251
Year Built: 1885

Amenities

Ceiling Fan(s)
Pantry
Storage
Upgraded Countertops
Bathroom with Shower Stall
Bathroom With Tub & Shower
Slider
Internet Available - Broadband
Internet Available - DSL
Living Room
Dining Room
Kitchen
Family Room
Balcony/Deck
Rain Gutters
Garden

Feature Descriptions

Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Building Area Total: 3613
Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Laundromat, Bike Path, Highway Access, House of Worship, Public School, T-Station, Sidewalks
Compensation Based On: N/A
Compensation Broker Transaction: N/A
Compensation Buyer Agency: N/A
Compensation Sub Agency: N/A
Compensation Sub Agency Offered: N/A
Days on Site: 1
Dwelling Type: Multi Family
Electric: Circuit Breakers,200+ Amp Service, Individually Metered
Exterior: Stone
Fencing: Fenced/Enclosed, Fenced
Fireplace Features: Gas
Fireplace Y/N: Yes
Flooring: Wood, Tile, Laminate, Pine, Stone/Ceramic Tile
GarageY/N: Yes
HeatingY/N: 1
Lot Features: Zero Lot Line, Level
Open Parking Y/N: Yes
Other Structures: Barn/Stable
Parcel Number: M:000017 B:0200 P:000051,818517
Parking Features: Paved Drive, Off Street, Tandem, Common, Paved
Parking Total: 10
Patio And Porch: Deck, Deck - Wood
Road Responsibility: Public Maintained Road
Rooms Total: 17
Sewer: Public Sewer
Special View Info: City View(s)
Units: 2
Utilities: for Gas Range, for Electric Range, for Gas Oven, for Electric Oven
Water: Public
Window Features: Insulated Windows

Local Schools

High School: Wmhs
Middle School: Galvin
Elementary School: Dolbeare

Listed By / Shown By

Listed By

Agency Name: Barrett, Chris. J., REALTORS
Agent Name: James Fitzgerald
Agency Phone: 781-245-5011

Shown By

Agent Name: Derrike Schmitt
Agent Phone:
Agency Title: Better Homes and Gardens Real Estate The Masiello Group

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Estimated Payment

$ 4,208.26 per month $2,670.68 Principal & Interest $1,187.58 Property Tax $350.00 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 06/04/2026. The listing information on this page last changed on 06/04/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Thu 06/04/2026 12:25:11 AM EST) or MLSPIN MLS (last updated Wed 06/03/2026 11:38:42 PM EST) or Prime MLS (last updated Wed 06/03/2026 11:33:45 PM EST) or MREIS (last updated Thu 06/04/2026 12:15:17 AM EST). Real estate listings held by brokerage firms other than Better Homes and Gardens Real Estate The Masiello Group may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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