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Rare two-family investment opportunity in the heart of Wakefield! This multi-family home is ideal for an owner-occupant, multigenerational living, or an investor seeking rental income near Boston. Just a short walk to the Wakefield commuter rail station, downtown Wakefield shops and restaurants, and scenic Lake Quannapowitt.Recent upgrades add value and peace of mind: new windows (2022), Unit 2 heating conversion from oil to gas, a fully remodeled bathroom in Unit 1, and a new vinyl fence. The fully fenced yard and private deck off Unit 1 create excellent outdoor space for entertaining or tenants alike.

More Info

Basic Information

  • Gross Income $54,000
  • Mls StatusActive
  • 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$899,000
  • MLS Number73546627
  • Modification Date07/28/2026
  • 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
  • Heat SystemYes
  • Heating Oil, Natural Gas
  • 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
  • View Count1

Map Location

Driving Directions

Listed by Tzortzis Lane Group of Coldwell Banker Realty - Ipswich

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