157 Water St, Wakefield, MA 01880

Multi-Family Home In East Side

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WAKEFIELD INVESTMENT OPPORTUNITY A CENTURY IN THE MAKING. This 2-Family home has been in the same family for nearly 100 years. The time has finally come to pass the torch. Home needs updating and possible re-configuring to maximize potential, but it will be well worth the effort. The existing footprint is very impressive and the property boasts over 2,500 square feet of living space. Unit one has a beautiful addition built in the late 70s that was used as a spacious music studio. It poses flexible options for the new owner. There is also CENTRAL AIR throughout the first level. Home features an attached garage with beautiful entry way, easy maintenance patio yard, plenty of closet space as well a enclosed front porch for storage, a walk up attic space with finishing potential, and much more. Very close proximity to downtown Wakefield, Market Street in Lynnfield, and routes routes 1 and 95.

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Home Details

  • beds4
  • baths2
  • property typemulti-family
  • exterior finishvinyl
  • year built1880
  • lot size0.12
  • fireplaceno
  • neighborhood
    WakefieldEast Side
  • Constructionframe
  • Levelstwo
  • Roofasphalt/fiberglass shingles
  • Water Sourcecity/town water
  • Exterior Featuresfenced yard, gutters, patio, screens
  • Parkingoff street
  • Electric100 amps
  • Sewercity/town sewer
  • Road Frontagepublic
  • Zoningb
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  • Andrew McCaul

    Listing Agent

    (781) 832-2555
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    Pricing Info


    Estimated Monthly Mortgage
    Principal & Interest$2,189.80
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    Local Mortgage Rates

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    Price History
    • 02/14/2019decrease$ 15,000$509,900
    • 02/07/2019decrease$ 25,000$524,900
    • 01/30/2019listed$ 0$549,900
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    • Wakefield Memorial High School
      Class size: 13Distance: 0.76 mi
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    How To Finance

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    • MLS Number72447225
    • Listed01/30/2019
    • Listing SourceMLS Property Information Network, Inc. / MLS PIN
    • Last Updated03/08/2019
    • Listing AgentAndrew McCaul
    • Offered ByAspen Realty Group LLC