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You are here:
Home Massachusetts Wakefield Multi-Family Homes for Sale

103-105 Water St Wakefield, MA 01880

52 Days on Boston Pads
30 Photos
$1,350,000
6 Unit
4 Beds
6 Baths
4402 SQFT
0.12 Acre
103-105 Water St
Wakefield, MA 01880

Property Description

Mixed use building near downtown Wakefield, close to shopping and transportation. The building features (4) three room, 1 bedroom apartments with gas stoves and electric heat located on the second and third floors. The first floor consists of two retail stores with gas heat and and a half bath. There is a a storage area in the back. Ample parking through the alley for approximately 4 cars (see appurtenant rights and agreement) additional parking available in second driveway (2 tandem) . Great opportunity to own an income producing property with diversified income stream from multiple tenants. Currently aprx $88,800 per year

Property Overview

Property Details click or tap to expand

Building Information

  • Total Units: 6
  • Total Floors: 11
  • Total Bedrooms: 4
  • Total Full Baths: 4
  • Total Half Baths: 2
  • Amenities: Golf Course, Highway Access, House of Worship, Laundromat, Park, Public School, Public Transportation, Shopping, Tennis Court
  • Common Rooms: Kitchen, Living Room
  • Common Appliances: Range
  • Common Heating: Electric, Forced Air, Space Heater
  • Common Cooling: None

Financial

  • APOD Available: Yes
  • Expenses Source: Estimated, Owner Provided
  • Gross Operating Income: 88800
  • Gross Expenses: 23769
  • GSE: 1440
  • Water/Sewer: 1592
  • INSC: 4359
  • Repairs & Maintenance: 907
  • Miscellaneous Expense: 2250
  • Net Operating Income: 65031

Utilities

  • Electric Info: Varies per Unit
  • Utility Connections: for Gas Range
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private
  • Sewer District: MWRA

Unit 1 Description

  • Included in Rent: Gas, Hot Water, Water
  • Under Lease: No
  • Floors: 2
  • Levels: 1

Unit 2 Description

  • Included in Rent: Hot Water, Water
  • Under Lease: No
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Included in Rent: Gas, Hot Water, Water
  • Under Lease: No
  • Floors: 3
  • Levels: 1

Unit 4 Description

  • Included in Rent: Gas, Hot Water, Water
  • Under Lease: No
  • Floors: 3
  • Levels: 1

Construction

  • Year Built: 1900
  • Type: 4 Family
  • Construction Type: Aluminum, Frame
  • Foundation Info: Concrete Block
  • Roof Material: Rubber
  • Flooring Type: Laminate, Wall to Wall Carpet, Wood
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73248108
  • Last Updated: 07/16/24

Property History click or tap to expand

Date Event Price Price/Sq Ft Source
07/16/2024Active$1,350,000$307MLSPIN
07/16/2024Active$1,350,000MLSPIN
06/11/2024Under Agreement$1,350,000$307MLSPIN
06/11/2024Under Agreement$1,350,000MLSPIN
06/09/2024Active$1,350,000$307MLSPIN
06/09/2024Active$1,350,000MLSPIN
06/05/2024New$1,350,000$307MLSPIN
06/05/2024New$1,350,000MLSPIN
10/07/2023Temporarily Withdrawn$1,275,000MLSPIN
10/07/2023Temporarily Withdrawn$1,275,000$290MLSPIN
09/12/2023Active$1,275,000$290MLSPIN
09/12/2023Active$1,275,000MLSPIN
09/08/2023Price Change$1,275,000$290MLSPIN
09/08/2023Price Change$1,275,000MLSPIN
08/15/2023Active$1,350,000MLSPIN
08/15/2023Active$1,350,000$307MLSPIN
08/11/2023New$1,350,000MLSPIN
08/11/2023New$1,350,000$307MLSPIN

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Seller's Representative: Michael Barrett, Barrett, Chris. J., REALTORS®
Sub Agent Compensation: n/a
Buyer Agent Compensation: 2
Facilitator Compensation: 2
Compensation Based On: Net Sale Price
Sub-Agency Relationship Offered: No

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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.

MLS PIN data last updated at 2024-07-16 03:05:00