20 Otis St Wakefield, MA 01880
Lakeside NeighborhoodEstimated payment $5,591/month
Highlights
- Deck
- Wood Flooring
- Balcony
- Property is near public transit
- Home Office
- Tandem Parking
About This Home
Rare two-family investment opportunity in the heart of Wakefield! This multi-family home is ideal for an owner-occupant, multigenerational living, or an investor seeking rental income near Boston. Just a short walk to the Wakefield commuter rail station, downtown Wakefield shops and restaurants, and scenic Lake Quannapowitt.Recent upgrades add value and peace of mind: new windows (2022), Unit 2 heating conversion from oil to gas, a fully remodeled bathroom in Unit 1, and a new vinyl fence. The fully fenced yard and private deck off Unit 1 create excellent outdoor space for entertaining or tenants alike.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,911
Year Built
- Built in 1800
Lot Details
- 4,748 Sq Ft Lot
- Fenced
Home Design
- Stone Foundation
- Frame Construction
- Shingle Roof
Interior Spaces
- 2,858 Sq Ft Home
- Property has 2 Levels
- Ceiling Fan
- Living Room
- Home Office
Kitchen
- Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
- Bathtub with Shower
- Separate Shower
Laundry
- Dryer
- Washer
Partially Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Parking
- 3 Car Parking Spaces
- Tandem Parking
- Driveway
- 3 Open Parking Spaces
- Off-Street Parking
Outdoor Features
- Balcony
- Deck
Location
- Property is near public transit
Schools
- Dolbeare/Woodvi Elementary School
- Galvin Middle School
- Wakfield High School
Utilities
- 2 Heating Zones
- Heating System Uses Natural Gas
- Heating System Uses Oil
- Separate Meters
- 100 Amp Service
Listing and Financial Details
- Assessor Parcel Number M:000017 B:0031 P:000181,818366
Community Details
Recreation
- Park
Additional Features
- 2 Units
- Shops
- Net Operating Income $54,000
Map
Home Values in the Area
Average Home Value in this Area
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 | $7,911 | $697,000 | $333,100 | $363,900 |
| 2024 | $7,796 | $693,000 | $331,200 | $361,800 |
| 2023 | $7,412 | $631,900 | $302,000 | $329,900 |
| 2022 | $7,091 | $575,600 | $275,100 | $300,500 |
| 2021 | $6,802 | $534,300 | $256,400 | $277,900 |
| 2020 | $6,379 | $499,500 | $239,700 | $259,800 |
| 2019 | $6,093 | $474,900 | $227,900 | $247,000 |
| 2018 | $3,923 | $438,100 | $210,200 | $227,900 |
| 2017 | $5,336 | $409,500 | $196,500 | $213,000 |
| 2016 | $4,923 | $364,900 | $185,900 | $179,000 |
| 2015 | $4,597 | $341,000 | $173,700 | $167,300 |
| 2014 | $4,191 | $327,900 | $167,000 | $160,900 |
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 |
|---|---|---|---|---|---|
| 07/22/2026 07/22/26 | Price Changed | $899,000 | -4.4% | $315 / Sq Ft | |
| 07/08/2026 07/08/26 | For Sale | $939,900 | +56.7% | $329 / Sq Ft | |
| 09/30/2020 09/30/20 | Sold | $600,000 | +5.3% | $333 / Sq Ft | View Prior Sale |
| 08/12/2020 08/12/20 | Pending | -- | -- | -- | |
| 07/30/2020 07/30/20 | For Sale | $569,900 | -- | $317 / Sq Ft |
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 |
|---|---|---|---|
| Quit Claim Deed | $600,000 | None Available | |
| Deed | $355,000 | -- | |
| Deed | $200,000 | -- | |
| Deed | $117,500 | -- | |
| Foreclosure Deed | $140,000 | -- |
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 |
|---|---|---|---|
| Open | $132,900 | Future Advance Clause Open End Mortgage | |
| Open | $540,000 | New Conventional | |
| Previous Owner | $77,100 | Credit Line Revolving | |
| Previous Owner | $299,000 | No Value Available | |
| Closed | $324,000 | No Value Available | |
| Closed | $329,000 | No Value Available | |
| Previous Owner | $100,000 | No Value Available | |
| Previous Owner | $328,000 | No Value Available | |
| Previous Owner | $325,000 | No Value Available | |
| Previous Owner | $325,000 | No Value Available | |
| Previous Owner | $325,000 | No Value Available | |
| Previous Owner | $85,000 | No Value Available |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73546627
APN: WAKE-000017-000031-000181
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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