$1,499,900
Active Under Contract
33 Days Online
0 Beds5 Baths5,698 SQFT
Active Under Contract

442 Water St Wakefield, MA 01880

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Mixed use building in a highly visible location with excellent off-street parking. The first floor consists of 4 private offices a conference room with kitchenette, two half baths, a reception and bullpen area. Currently used as office space, but adaptable to many businesses with subdivision possibilities. The 2nd floor has three spacious one-bedroom apartments. The rents are well below market at $1,200 Taw #1, $1,700 #2 lease and $ 1,500 #3 Taw. This is a great opportunity to run your business with parking while collecting rental income in a highly visible location. Some expenses include Snow removal $3,450, Insurance $2,661.99, Heat $4,867.09. Water $1,655.59

  • Property TypeCommercial
  • NeighborhoodN/A
  • CountyMiddlesex
  • Taxes$16,085
  • HOA/Condo/Coop Fees$0
  • Days on Site32 Days
  • MLS StatusActive Under Contract
  • MLS ID Number73222031
  • Home Size Source N/A
  • Year Built1950
  • Lot Size0.44 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Parking Spaces 18
  • Acreage 0.44
  • Zoning B
  • Utilities Sewer Available
  • Buyer Agent Compensation 2.0
  • Facilitator Compensation 2.0

Exterior Features

  • Waterfront Property No

Community Features

  • Senior Community No
  • Adult Care Community No

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Monthly Payment (Est.)

$8,056
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