192 Salem St Wakefield, MA 01880
Montrose NeighborhoodEstimated payment $5,118/month
Highlights
- Medical Services
- Wood Flooring
- Mud Room
- Property is near public transit and schools
- Corner Lot
- Upgraded Countertops
About This Home
Beautifully sited on a landscaped knoll in a popular residential location. Turnkey 2 fam features a 4-room 1st floor, 2 bedroom unit and a 2nd floor 3 room, 1 bedroom unit. Well updated 1st floor apartment includes a newer 3/4 bath, kitchen with corian counters, breakfast bar and SS appliances. The flexible use, oversized living room features hardwood floors, lots of glass and overlooks the backyard. The 1st floor unit also has a garage under, basement and laundry access with additional storage. Exclusive access to the top floor apartment is through a large open front porch. This kitchen features newer stainless-steel appliances, (refrigerator, DW and stove). There is also a newer tiled full bath and hardwood floors. The large lot has a pretty 12X10 detached screen house nestled in the rear. Each unit has an individual laundry hook ups, dedicated use driveways separate oil burners and electric. All this in close proximity to highways, town, activities and recreational use at Lake Q.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,295
Year Built
- Built in 1920
Lot Details
- 10,668 Sq Ft Lot
- Stone Wall
- Corner Lot
- Gentle Sloping Lot
Parking
- 1 Car Garage
- Tandem Parking
- Driveway
- 4 Open Parking Spaces
- Off-Street Parking
Home Design
- Stone Foundation
- Frame Construction
- Shingle Roof
- Slate Roof
Interior Spaces
- 1,408 Sq Ft Home
- Property has 1 Level
- Insulated Windows
- Mud Room
- Living Room
- Screened Porch
- Washer and Electric Dryer Hookup
Kitchen
- Range
- Microwave
- Dishwasher
- Upgraded Countertops
Flooring
- Wood
- Laminate
- Tile
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
- Separate Shower
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
- Garage Access
- Block Basement Construction
- Crawl Space
Location
- Property is near public transit and schools
Schools
- Tbd Elementary School
- Galvin Middle School
- Wakefield Mem High School
Utilities
- No Cooling
- 2 Heating Zones
- Heating System Uses Oil
- Hot Water Heating System
Listing and Financial Details
- Rent includes unit 1(water), unit 2(water)
- Assessor Parcel Number M:000029 B:0163 P:000P68,821196
Community Details
Overview
- 2 Units
- Near Conservation Area
Amenities
- Medical Services
- Shops
Recreation
- Tennis Courts
- Park
- Jogging Path
- Bike Trail
Building Details
- Insurance Expense $3,460
- Water Sewer Expense $2,163
- Operating Expense $5,623
- Net Operating Income $60,000
Map
Home Values in the Area
Average Home Value in this Area
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 | $7,640 | $673,100 | $351,500 | $321,600 |
| 2024 | $7,498 | $666,500 | $348,000 | $318,500 |
| 2023 | $7,105 | $605,700 | $316,100 | $289,600 |
| 2022 | $6,850 | $556,000 | $290,000 | $266,000 |
| 2021 | $6,238 | $490,000 | $261,800 | $228,200 |
| 2020 | $5,979 | $468,200 | $250,200 | $218,000 |
| 2019 | $5,668 | $441,800 | $236,100 | $205,700 |
| 2018 | $5,382 | $415,600 | $222,100 | $193,500 |
| 2017 | $5,232 | $401,500 | $214,600 | $186,900 |
| 2016 | $4,978 | $369,000 | $211,000 | $158,000 |
| 2015 | $4,744 | $351,900 | $201,100 | $150,800 |
| 2014 | $4,410 | $345,100 | $197,200 | $147,900 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/28/2026 04/28/26 | Pending | -- | -- | -- | |
| 04/21/2026 04/21/26 | For Sale | $835,000 | +13.6% | $593 / Sq Ft | |
| 10/13/2023 10/13/23 | Sold | $735,000 | +11.4% | $522 / Sq Ft | View Prior Sale |
| 08/21/2023 08/21/23 | For Sale | $659,900 | -- | $469 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73504944
APN: WAKE-000029-000163-P000000-000068
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Ask me questions while you tour the home.