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318 Water St

Wakefield, MA 01880
  • $1,545,000
  • STATUS: Active
  • MLS #: 72887249
UPDATED: 32 min ago
$1,545,000
  • 6
    BEDS
  • 0.54
    ACRES
  • 6
    BATHS
  • 0
    1/2 BATHS
  • 4,492
    SQFT
  • $344
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1900
County:
Area:

School Information

Elementary School:
Middle School:
High School:
Listing courtesy of Christopher Barrett of Barrett, Chris. J., Realtorsâ®.

Description

Truly rare find. Beautifully sited on a commanding 1/2 acre knoll. A made to order set up with this well maintained six unit building with all separate utilities. The six three room, one bedroom apartments are all fully leased. All updated gas boilers, gas hot water and individual electric. The building has a recently paved driveway and an expansive parking area. There is a coin op laundry (unit 6 is rented at $1,750). Wonderful investment opportunity.

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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2021-12-05T14:07:56.813.
www.parrottrealtygroup.com/homes/120881842
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318 Water St Wakefield, MA 01880

  • Price: $1,545,000
  • Status: Active
  • On Site: Days
  • Updated: 32 min ago
  • MLS #: 72887249
6
Beds
6
Baths
0
½ Baths
0.54
Acres
4,492
SQFT
$344
$/SQFT
1900
Built
Neighborhood:
Other
County:
Middlesex
Area:
Other
Elementary School:
Woodville
Middle School:
Galvin
High School:
Wakwefield
Property Description
Truly rare find. Beautifully sited on a commanding 1/2 acre knoll. A made to order set up with this well maintained six unit building with all separate utilities. The six three room, one bedroom apartments are all fully leased. All updated gas boilers, gas hot water and individual electric. The building has a recently paved driveway and an expansive parking area. There is a coin op laundry (unit 6 is rented at $1,750). Wonderful investment opportunity.
Exterior Features

Beachfront No Color Yellow Construction Frame Exterior Vinyl Foundation Poured Concrete Foundation Size 39X36 Frontage 87.00 Lot Description Paved DriveCity View(S)LevelSloping Parking Features Off-Street Parking Spaces 10 Road Type Public Waterfront Flag No Waterview Flag No

Interior Features

Appliances Unit1 Range Appliances Unit2 Range Appliances Unit3 Range Appliances Unit4 Range Basement Yes Basement Features PartialWalk OutInterior AccessConcrete Floor Bedrooms Unit1 1 Bedrooms Unit2 1 Bedrooms Unit3 1 Bedrooms Unit4 1 Cooling Unit1 None Cooling Unit2 None Cooling Unit4 None Cooling Units 0 Cooling Zones 0 Fireplaces 0 Fireplaces Unit1 0 Fireplaces Unit2 0 Fireplaces Unit3 0 Fireplaces Unit4 0 Flooring WoodPlywoodWall To Wall CarpetConcreteVaries Per Unit Floors Unit1 1 Floors Unit2 1 Floors Unit3 2 Floors Unit4 2 Full Baths Unit1 1 Full Baths Unit2 1 Full Baths Unit3 1 Full Baths Unit4 1 Half Baths Unit1 0 Half Baths Unit2 0 Half Baths Unit3 0 Half Baths Unit4 0 Heat Units 6 Heat Zones 6 Heating Unit1 Hot Water BaseboardGas Heating Unit2 Hot Water BaseboardGas Heating Unit3 Hot Water RadiatorsGas Heating Unit4 Hot Water BaseboardGas Hot Water Natural Gas Interior Features Unit1 Wood FlooringInternet Available - Broadband Interior Features Unit2 Wood Flooring Interior Features Unit3 Wood Flooring Levels 3 Levels Unit1 1 Levels Unit2 1 Levels Unit3 1 Levels Unit4 1 Rooms 15 Rooms Common Laundry Rooms Description Unit1 Living RoomKitchen Rooms Description Unit2 Living RoomKitchen Rooms Description Unit3 Living RoomKitchen Rooms Description Unit4 Living RoomKitchen Rooms Unit1 3 Rooms Unit2 3 Rooms Unit3 3 Rooms Unit4 3

Property Features

Adult Community No Amenities Public TransportationParkWalk/Jog TrailsMedical FacilityConservation AreaHighway AccessHouse Of WorshipPrivate SchoolPublic SchoolT-Station Apod Available No Assessments 804300.00 Disclosure No Electric Features Individually MeteredVaries Per Unit Expenses Source Estimated Expenses Year End 12/20 Gross Operating Income 120756 Lead Paint Unknown Lease Unit1 Y Lease Unit2 Y Lease Unit3 Y Lease Unit4 Y Lender Owned No Multifamily Type 5-9 Family Net Operating Income 98264 Rent Description Unit1 Water Rent Description Unit2 Water Rent Description Unit3 Water Rent Description Unit4 Water Rent Unit1 1798 Rent Unit2 1885 Rent Unit3 1795 Rent Unit4 1440 Sewage District Mwra Sewer City/Town Sewer Short Sale Lender App Required No Sq Ft Includes Basement Yes Sq Ft Source Public Record Tax Year 2021 Taxes 10239.00 UFFI Unknown Warranty No Water City/Town Water Year Built Description Approximate Year Built Source Public Record Year Round Yes Zoning Sr

Listing information © 2021 MLS Property Information Network. All information is deemed reliable but should be independently verified.
Listing provided courtesy of Christopher Barrett of Barrett, Chris. J., Realtorsâ®.


The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2021-12-05T14:07:56.813.
 
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Listing courtesy of Christopher Barrett of Barrett, Chris. J., Realtorsâ®.