$675,000
SOLD MAY 15, 2026

16 Mechanic St Wakefield, RI 02879

4 Beds
2 Baths
2,609 Sq Ft
5,227 Sq Ft Lot Lot

Sale Details

Date Sold: May 15, 2026

$259 Per Sq Ft

4% Above List Price

8 Days on Market

Highlights

  • Wood Flooring
  • Window Unit Cooling System
  • Baseboard Heating
  • Skylights
  • Bathtub with Shower
  • Wood Siding

About This Home

As of May 2026

Enjoy the convenience of in-town living with this walkable two-family home! This well-maintained property presents a fantastic opportunity for both homeowners and investors. Offering two separate units, it provides flexibility for rental income, multigenerational living, or owner occupancy. Both units are currently generating strong rental income, making it an immediate and attractive investment. The first-floor unit includes 2 bedrooms and 1 full bathroom, highlighted by a practical layout and brand-new appliances. Upstairs, the second unit offers 1 bedroom, 1 bath, and a very small 2nd bedroom or a dedicated office space perfect for remote work. The kitchen stands out with soapstone countertops and skylights that bring in natural light and enhance the space's charm. The exterior features a partially fenced yard, ideal for pets, gardening, or outdoor gatherings, along with a spacious shed for additional storage. Tucked away on a quiet street, yet just moments from Main Street, the property is within easy walking distance to shops, restaurants, cafes, and parks. Whether you're seeking a turnkey investment or a home with built-in income potential, 16 Mechanic Street presents a rare opportunity in a prime Wakefield location.

Last Agent to Sell the Property

John Biafore

Lighthouse Real Estate Group License #REB.0018926 Listed on: 04/13/2026

Last Buyer's Agent

Non-Mls Member

Non-Mls Member

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,167

Year Built

  • Built in 1890

Lot Details

  • 5,227 Sq Ft Lot

Home Design

  • Stone Foundation
  • Wood Siding
  • Shingle Siding
  • Plaster

Interior Spaces

  • 2,609 Sq Ft Home
  • 2-Story Property
  • Skylights
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Parking

  • 4 Parking Spaces
  • No Garage

Utilities

  • Window Unit Cooling System
  • Heating System Uses Oil
  • Baseboard Heating
  • 100 Amp Service
  • Oil Water Heater

Listing and Financial Details

  • Tax Lot 90
  • Assessor Parcel Number 16MECHANICSTSKNG

Community Details

Overview

  • 2 Units
  • In Town Wakefield Subdivision

Building Details

  • Operating Expense $9,476

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,167

Year Built

Built in 1890

Lot Details

5,227 Sq Ft Lot

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.12
  • Inclusions: n/a
  • Subdivision Name: In-Town Wakefield
  • Above Grade Finished Sq Ft: 2609.0
  • Architectural Style: Stacked
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1890
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Oil Water Heater
  • Has Basement: Full, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Hardwood
  • Interior Amenities: Interior Steps, Skylights, Tub Shower
  • Stories: 2
  • Window Features: Skylight(s)

Exterior Features

  • Construction Type: Drywall, Plaster, Wood Siding, Shingle Siding
  • Foundation Details: Stone

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 4.0

Utilities

  • Laundry Features: Common Area
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard, Oil
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5227.0
  • Parcel #: 16MECHANICSTSKNG
  • Zoning: r10

Multi Family

  • Number Of Units Total: 2
  • Annual Operating Expense: 9476.0

Tax Info

  • Tax Annual Amount: 3167.0
  • Tax Lot: 90
  • Tax Year: 2025

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2026
Closed on
May 8, 2026
Sold by
Bought by
Seller's Agent
John Biafore
Lighthouse Real Estate Group
Buyer's Agent
Non-Mls Member
Non-Mls Member
List Price
$649,900
Sold Price
$675,000
Premium/Discount to List
$25,100
3.86%
Views
61

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-55.77%

Purchase Details

Listed on
Sep 12, 2025
Closed on
Oct 28, 2025
Sold by
Bought by
Seller's Agent
Michael Stewart
Lighthouse Real Estate Group
Buyer's Agent
John Biafore
Lighthouse Real Estate Group
List Price
$635,000
Sold Price
$640,000
Premium/Discount to List
$5,000
0.79%
Views
36

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.16%

Purchase Details

Closed on
Mar 20, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,187
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 3, 2006
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed $675,000 --
Warranty Deed $640,000 --
Deed $260,500 --
Deed $260,500 --
Deed $302,500 --
Deed $302,500 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Previous Owner $235,570 No Value Available
Previous Owner $251,009 No Value Available
Previous Owner $251,187 Purchase Money Mortgage
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/15/2026 05/15/26 Sold $675,000 +3.9% $259 / Sq Ft
04/21/2026 04/21/26 Pending -- -- --
04/13/2026 04/13/26 For Sale $649,900 +1.5% $249 / Sq Ft
10/28/2025 10/28/25 Sold $640,000 +0.8% $245 / Sq Ft View Prior Sale
09/22/2025 09/22/25 Pending -- -- --
09/12/2025 09/12/25 For Sale $635,000 -- $243 / Sq Ft
Source: State-Wide MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $3,167 $354,300 $202,700 $151,600
2024 $3,240 $293,200 $155,900 $137,300
2023 $3,240 $293,200 $155,900 $137,300
2022 $3,211 $293,200 $155,900 $137,300
2021 $3,153 $218,200 $119,900 $98,300
2020 $3,153 $218,200 $119,900 $98,300
2019 $3,153 $218,200 $119,900 $98,300
2018 $3,112 $198,500 $114,700 $83,800
2017 $3,039 $198,500 $114,700 $83,800
2016 $2,995 $198,500 $114,700 $83,800
2015 $2,983 $192,200 $104,300 $87,900
2014 $2,975 $192,200 $104,300 $87,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1409914

State-Wide MLS

APN: SKIN-005704-000000-000090

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