D
Seller's Agent in 2025
Douglas Dodge
Coldwell Banker Realty - Lexington
(781) 983-0020
3 in this area
13 Total Sales
16 Chestnut St Wakefield, MA 01880
Downtown Wakefield Neighborhood
--
Bed
6
Baths
2,610
Sq Ft
7,841
Sq Ft
Highlights
- Property is near public transit
- 4-minute walk to Wakefield
- Living Room
- Wood Flooring
- 9 Fireplaces
- Shops
About This Home
As of July 2025Multi Unit Building in Convenient location walking distance to downtown and commuter transportation. Building consist of 4 studios, 1- 1 BR, and 1- 2 BR Building being sold as is and with tenants in place, (See attached Rent roll and Lease Information) Coin-Op laundry room in the building. Heat and Hot Water included. For all units. .On site parking for 7 cars. Unit Photos are Unit 6 and 6a Offers due Wed. June 11 at 2:00 PM
Last Agent to Sell the Property
Coldwell Banker Realty - Lexington Listed on: 06/07/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,096
Year Built
- Built in 1900
Lot Details
- 8,037
Home Design
- Studio
- Stone Foundation
- Frame Construction
- Shingle Roof
Interior Spaces
- 6 Full Bathrooms
- Ceiling Fan
- 9 Fireplaces
- Living Room
- Basement Fills Entire Space Under The House
- Storm Doors
- Range
Flooring
- Wood
- Laminate
- Tile
- Vinyl
Laundry
- Dryer
- Washer
Parking
- 7 Car Parking Spaces
- Driveway
- Open Parking
- Off-Street Parking
Schools
- Walton Elementary School
- Galvin Middle School
- Wakefield High School
Utilities
- No Cooling
- 6 Heating Zones
- Baseboard Heating
- 100 Amp Service
Additional Features
- Rain Gutters
- 8,037 Sq Ft Lot
- Property is near public transit
Listing and Financial Details
- Total Actual Rent $7,250
- Rent includes unit 1(heat water hot water), unit 2(heat water hot water), unit 3(heat water hot water), unit 4(heat water hot water)
- Legal Lot and Block 0129 / 0162
- Assessor Parcel Number 817111
Community Details
Overview
- 6 Units
- Property has 1 Level
Amenities
- Shops
Building Details
- Electric Expense $710
- Insurance Expense $5,438
- Water Sewer Expense $5,203
- Operating Expense $48,226
- Net Operating Income $43,092
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/23/2025 07/23/25 | Sold | $949,000 | 0.0% | $364 / Sq Ft |
| 06/13/2025 06/13/25 | Pending | -- | -- | -- |
| 06/07/2025 06/07/25 | For Sale | $949,000 | -- | $364 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $11,096 | $977,600 | $366,600 | $611,000 |
| 2024 | $10,929 | $971,500 | $364,400 | $607,100 |
| 2023 | $10,393 | $886,000 | $332,400 | $553,600 |
| 2022 | $9,941 | $806,900 | $302,700 | $504,200 |
| 2021 | $9,553 | $750,400 | $282,200 | $468,200 |
| 2020 | $8,958 | $701,500 | $263,800 | $437,700 |
| 2019 | $8,558 | $667,000 | $250,800 | $416,200 |
| 2018 | $7,760 | $599,200 | $231,300 | $367,900 |
| 2017 | $7,297 | $560,000 | $216,200 | $343,800 |
| 2016 | $6,768 | $501,700 | $204,500 | $297,200 |
| 2015 | $6,319 | $468,800 | $191,100 | $277,700 |
| 2014 | $5,761 | $450,800 | $183,800 | $267,000 |
Source: Public Records
Agents Affiliated with this Home
-
Douglas Dodge
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73387381
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The property listing data and information, or the Images, 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, and the Images, 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, or as to the accuracy of any of the Images, set forth herein.
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