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MIX USE opportunity awaits! Choose your own path: rental income, commercial income or make it your own beautiful home! Is a low maintenance backyard one of your check off boxes? Here it is. Imagine creating your own outdoor space with greenery, florals and a gorgeous patio! Street front Unit 1 has been rented to small businesses in the past. It is a spacious size unit, steps up to second room that has a 1/3 bath and storage area off to the left. Unit 2 is a quaint, easy to take care of two bedroom, living and kitchen apartment with archways to give this space character. Get creative with this property! Make appointment today to view what it has to offer.

More Info

Basic Information

  • Bedrooms2
  • Mls StatusNew
  • Bathroom2
  • Listing Terms Contract
  • Lot Features Gentle Sloping
  • Parcel Number 821638
  • Road Frontage DescriptionPaved

Tax Information

  • Tax Assessed Value $507,000
  • Tax Year 2026
  • Taxes$7,724

Parking

  • Parking Spaces2
  • Open Parking YN Yes
  • Parking Features Paved Drive, Shared Driveway, Off Street, Paved

Rooms

  • Bathrooms Total Decimal 1.5
  • Full Bath1
  • Half Baths1

Basic Information

  • List Price$569,000
  • MLS Number73547039
  • Modification Date07/10/2026
  • Property SubTypeSingle Family Residence

Location

  • Address294 Water Street
  • Building Number294
  • CountyMiddlesex
  • StateMA
  • StreetWater Street
  • TownWakefield
  • Zip01880

Building

  • BasementUnfinished
  • Building Area Units Square Feet
  • Construction Materials Frame
  • Door Features Storm Door(s)
  • FoundationStone
  • Property StyleOther (See Remarks)
  • Rooms6
  • Utilities For Electric Oven, For Electric Dryer, Washer Hookup
  • Window Features Insulated Windows
  • Year Built1925
  • Year Built Details Actual
  • Year Built Source Public Records

Property

  • Acreage0.07

Interior

  • Flooring Tile, Vinyl, Carpet

Exterior

  • Exterior Features Rain Gutters, Storage, Fenced Yard
  • Fencing Fenced/Enclosed, Fenced
  • RoofShingle, Rubber

Utilities

  • Cooling Wall Unit(s), 3 or More
  • Cooling YN Yes
  • Electric Circuit Breakers,100 Amp Service
  • Heat SystemYes
  • Heating Forced Air, Natural Gas
  • Sewer Public Sewer
  • Water Source Public

Property Information

  • Square Feet1,195
  • Building Area Source Public Records
  • Living Area 1,195
  • Lot Size Square Feet 3,058
  • Lot Size Units Acres

Amenities

  • Amenities
    • Bike Path
    • Highway Access
    • House of Worship
    • Park
    • Public School
    • Public Transportation
    • Shopping
    • Sidewalks
  • Appliances IncludedElectric Water Heater, Water Heater, Range, Disposal

Other

  • Date Listed07/09/2026
  • Farm Land Area Units Square Feet

Map Location

Driving Directions

Listed by Margie Roberto of Classified Realty Group

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