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INVESTMENT SNAPSHOT
About this property
Fabulous investment opportunity. Well maintained Wakefield four family building. 4 well laid out 1 bedroom apartments. All separate utilities. The unit have various layouts and function very well as rental apartments. The property is well sited in a great location between downtown and North Ave commuter rail station. The building is fully leased. Dual driveways provide ample parking for 8+ vehicles. Coin op laundry.
Property details
| Units | 4 |
| Living area | 3,347 sqft |
| Lot size | 8,464 sqft |
| Year built | 1893 |
| Price / sqft | $381 |
| County | Middlesex |
| MLS # | 73593251 |
Listing status
| Days on market | 0 days |
| Listed on | October 21, 2026 |
Taxes & financials
| Annual property tax | $10,551 |
| Tax year | 2025 |
| Assessed value | $929,600 |
| Zoning | B |
| Gross income (actual) | $101,040/yr |
| Net operating income (actual) | $93,605/yr |
| Total actual rent | $8,420/mo |
| Electric expense | $250/yr |
| Insurance expense | $4,979/yr |
Building & lot
| Stories | 5 |
| Total rooms | 13 |
| Lot size | 0.19 acres |
| Garage spaces | 0 |
| Parking spaces | 8 |
| Parking | Paved Drive, Off Street, Common, Driveway, Paved |
| Basement | Full, Interior Entry, Concrete, Unfinished |
| Foundation | Stone, Irregular |
| Roof | Shingle |
| Construction | Frame |
| Flooring | Wood, Plywood, Vinyl, Carpet, Varies, Hardwood |
Utilities & systems
| Heating | Natural Gas, Oil |
| Sewer | Public Sewer |
| Water | Public |
| Utilities | for Electric Dryer, Washer Hookup, Varies per Unit |
| Appliances | Washer, Dryer, Range, Refrigerator |
Location
More about investing in Wakefield →
Listing courtesy of a MLS PIN member office. Listing data © MLS PIN.
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Questions & answers
Auto-generated from the listing data — richer AI answers coming with the live site.
How many units does 20 W Water St, Wakefield MA 01880 have?
It is a 4-unit multi-family property with 3,347 sqft of living area, built in 1893.
How long has 20 W Water St, Wakefield MA 01880 been on the market?
20 W Water St, Wakefield MA 01880 has been listed for 0 days (since October 21, 2026).
What is the price per unit?
At a list price of $1,275,000 across 4 units, that works out to roughly $318,750 per unit.
What are the property taxes on 20 W Water St, Wakefield MA 01880?
Annual property taxes are $10,551 (2025), on an assessed value of $929,600.
What is the price per square foot?
At $1,275,000 for 3,347 sqft, that's about $381 per square foot.
Is there parking?
8 total parking spaces (paved drive, off street, common, driveway, paved).
Where is this property located?
20 W Water St, Wakefield MA 01880 is in Wakefield, Middlesex County, MA 01880.
