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***PRICE IMPROVEMENT***TURNKEY 2-UNIT MULTIFAMILY | RENOVATED | PRIME WAKEFIELD LOCATION | INVESTMENT OPPORTUNITYExceptional opportunity for owner-occupants, investors, or multigenerational living! This beautifully renovated 2-unit multifamily property combines modern updates, flexible living space, and a highly desirable Wakefield location-making it an ideal choice for those seeking income potential, long-term investment value, or a versatile multi-generational home. Both units have been thoughtfully updated and offer bright, sun-filled living spaces, functional layouts, and stylish modern finishes. Each unit features 3 bedrooms, 1.5 baths, a beautifully updated kitchen with new cabinetry, stainless steel appliances, and updated flooring, along with renovated bathrooms designed for today's lifestyle. The property also offers a finished lower level, providing valuable bonus space that can be used as a home gym, recreation room, hobby space, office, or additional storage. Step outside to enjoy a private patio, perfect for outdoor dining, relaxing, or entertaining.Whether you're looking to live in one unit and generate rental income from the other, expand your investment portfolio, accommodate extended family, or maximize the flexibility of a two-family property, this turnkey multifamily delivers.Enjoy the best of Wakefield with Lake Quannapowitt just moments away, plus easy access to downtown restaurants, shopping, parks, recreation, and the commuter rail. The combination of renovated interiors, flexible living space, outdoor space, and a prime location makes this a compelling opportunity for both homeowners and investors.Move-in ready. Income-producing potential. Prime location. Endless possibilities. Don't miss this outstanding Wakefield multifamily opportunity!

More Info

Basic Information

  • Mls StatusActive
  • Parcel Number 818518

Tax Information

  • Tax Assessed Value $823,600
  • Tax Year 2026
  • Taxes$9,669

School Information

  • High SchoolWakefield
  • High School Wmhs
  • Junior HighGalvin

Parking

  • Open Parking YN Yes
  • Parking Features Paved Drive, Off Street, Tandem, Deeded
  • Parking Spaces5

Rooms

  • Bathroom4
  • Bathrooms Total Decimal 3
  • Bedrooms6
  • Full Bath2
  • Half Baths2

Basic Information

  • List Price$1,555,000
  • MLS Number73542126
  • Modification Date09/13/2026
  • Property SubType2 Family - 2 Units Side by Side
  • Virtual TourView Tour

Location

  • Address22 Park Street
  • Building Number22
  • CountyMiddlesex
  • StateMA
  • StreetPark Street
  • TownWakefield
  • Zip01880

Building

  • BasementFinished, Interior Entry
  • Building Area Units Square Feet
  • Construction Materials Frame
  • FoundationConcrete Perimeter
  • Levels 6
  • Patio And Porch Features Patio
  • Rooms13
  • Stories6
  • Units2
  • Utilities For Electric Dryer, Washer Hookup
  • Year Built1960
  • Year Built Details Renovated Since
  • Year Built Source Public Records

Property

  • Acreage0.12

Interior

  • Flooring Wood, Tile, Vinyl

Exterior

  • RoofShingle

Utilities

  • Electric 200+ Amp Service
  • Sewer Public Sewer
  • Water Source Public

Property Information

  • Building Area Source Measured
  • Living Area 3,068
  • Lot Size Square Feet 5,183
  • Lot Size Units Acres
  • Square Feet3,068

Amenities

  • AmenitiesPublic Transportation, Shopping, Walk/Jog Trails, Highway Access, House of Worship
  • Other AmenitiesBasement

Other

  • Date Listed06/26/2026
  • Farm Land Area Units Square Feet
  • View Count6

Map Location

Driving Directions

Listed by Krassi Diehl of William Raveis R.E. & Home Services

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