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Turnkey 2-unit investment in Wakefield! Major systems already updated - new windows (2022), upgraded electrical service, and Unit 2's heating converted from oil to gas. Unit 1 features a fully remodeled bath, refreshed kitchen, and a bonus room that qualifies as a 2nd bedroom (2BR total). Unit 2 offers new appliances, water heater, and refinished cabinets. New vinyl fencing adds privacy and curb appeal. Both units are vacant - ideal for an owner-occupant looking to live in one unit and rent the other, or an investor ready to set fresh market rents from day one. Updated, low-maintenance, and priced with room to grow!

More Info

Basic Information

  • Mls StatusNew
  • Parcel Number M:000017 B:0031 P:000181,818366

Tax Information

  • Tax Assessed Value $697,000
  • Tax Year 2025
  • Taxes$7,911

School Information

  • Elementary SchoolDolbeare/Woodvi
  • High SchoolWakefield Memorial
  • High School Wakfield High
  • Junior HighGalvin Middle

Parking

  • Open Parking YN Yes
  • Parking Features Paved Drive, Off Street, Tandem
  • Parking Spaces3

Rooms

  • Bathroom2
  • Bathrooms Total Decimal 2
  • Bedrooms4
  • Full Bath2

Basic Information

  • List Price$939,900
  • MLS Number73546627
  • Modification Date07/08/2026
  • Property SubTypeMulti Family

Location

  • Address20 Otis Street
  • Building Number20
  • CountyMiddlesex
  • StateMA
  • StreetOtis Street
  • TownWakefield
  • Zip01880

Building

  • BasementFull, Partially Finished, Walk-Out Access
  • Building Area Units Square Feet
  • Construction Materials Frame
  • FoundationStone
  • Levels 4
  • Patio And Porch Features Deck - Wood
  • Rooms11
  • Stories4
  • Units2
  • Utilities For Gas Oven, For Electric Oven, For Gas Dryer, For Electric Dryer
  • Year Built1800
  • Year Built Details Actual
  • Year Built Source Public Records

Property

  • Acreage0.11

Interior

  • Flooring Wood, Tile, Carpet
  • Interior Features
    • Bathroom With Tub & Shower
    • Bathroom with Shower Stall
    • Ceiling Fan(s)
    • Kitchen
    • Living Room
    • Office/Den

Exterior

  • Exterior Features Balcony/Deck
  • Fencing Fenced/Enclosed
  • RoofShingle

Utilities

  • Electric 100 Amp Service, Individually Metered
  • Sewer Public Sewer
  • Water Source Public

Property Information

  • Building Area Source Measured
  • Living Area 2,858
  • Lot Size Square Feet 4,748
  • Lot Size Units Acres
  • Square Feet2,858

Amenities

  • AmenitiesPublic Transportation, Shopping, Park, Highway Access
  • Appliances IncludedRange, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
  • Other AmenitiesBasement

Legal

  • ZoningGR

Other

  • Date Listed07/08/2026
  • Farm Land Area Units Square Feet

Map Location

Driving Directions

Listed by Tzortzis Lane Group of Coldwell Banker Realty - Ipswich

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