$1,095,000
OPEN SAT 11AM - 12PM

4 Pleasant St Wakefield, MA 01880

Lakeside Neighborhood

Estimated payment $6,608/month

6 Beds
3 Baths
2,695 Sq Ft
$406 Price per Sq Ft

Highlights

  • Corner Lot
  • Window Unit Cooling System
  • Baseboard Heating
  • Tandem Parking
  • Living Room

About This Home

Exceptional 3-family opportunity ideal for owner-occupants or investors, offering strong income potential and long-term upside. This well-maintained property is desirably located just a 4-min walk from downtown Wakefield, providing convenient access to shops, dining, and transportation. The building features ample off-street parking with 2 dedicated spaces per unit, along with valuable tenant amenities including 3 private storage units and three separate laundry hookups in the basement. The spacious first-floor unit spans the entire level, offering a generous layout. The second and third units are both townhouse-style apartments, each with two floors of living space. All units are individually metered, with tenants responsible for their own heat and electricity. The first-floor unit is currently rented below market, presenting a clear value-add opportunity through future rent optimization. This property combines location, functionality, and upside—an excellent addition to any portfolio

Listing Agent

Eric Paul

J. Borstell Real Estate, Inc. Listed on: 07/07/2026

Open House Schedule

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,736

Year Built

  • Built in 1880

Lot Details

  • 3,994 Sq Ft Lot
  • Corner Lot

Home Design

  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,695 Sq Ft Home
  • Living Room
  • Washer and Dryer Hookup

Kitchen

  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 6 Open Parking Spaces
  • 6 Car Parking Spaces
  • Tandem Parking
  • Off-Street Parking

Utilities

  • Window Unit Cooling System
  • Heating System Uses Natural Gas
  • Baseboard Heating

Listing and Financial Details

  • Rent includes unit 1(water), unit 2(water), unit 3(water)
  • Assessor Parcel Number M:000017 B:0036 P:00188A,818371

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Building Details

  • Electric Expense $180
  • Insurance Expense $3,315
  • Water Sewer Expense $2,800
  • Operating Expense $6,295
  • Net Operating Income $57,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,736

Year Built

Built in 1880

Lot Details

3,994 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1880
  • Levels: 5
  • Year Built Details: Approximate
  • APOD AVAILABLE: Yes
  • MLSPIN_BEACHFRONT_FLAG: No
  • Special Features: OpenHouse
  • Stories: 5

Interior Features

  • Interior Amenities: Living Room, Kitchen
  • Fireplace YN: No
  • Appliances: Range, Dishwasher, Disposal, Refrigerator
  • Total Bedrooms: 6
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Basement: Full, Walk-Out Access
  • Above Grade Finished Sq Ft: 2695
  • Living Area: 2695
  • Spa YN: No
  • Stories Total: 5
  • MAIN LO: G80038

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking Spaces: 6
  • Parking Features: Off Street, Tandem
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Cooling: Window Unit(s)
  • Heating: Baseboard, Natural Gas
  • Cooling Y N: Yes
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water)
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 2800

Lot Info

  • Parcel Number: M:000017 B:0036 P:00188A,818371
  • Zoning: B
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.09
  • Lot Size Sq Ft: 3994
  • Lot Size Units: Acres

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 8736

Multi Family

  • Electric Expense: 180
  • Insurance Expense: 3315
  • Net Operating Income: 57000
  • Number Of Units Total: 3
  • Operating Expense: 6295
  • Total Actual Rent: 7150
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 3: 2
  • LEASE 3: Y
  • LEASE 2: Y
  • LEASE 1: N
  • FLRS 3: 2

Map

Range of Values:

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Value Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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 $8,736 $769,700 $292,900 $476,800
2024 $8,609 $765,200 $291,200 $474,000
2023 $8,186 $697,900 $265,600 $432,300
2022 $7,831 $635,600 $241,900 $393,700
2021 $7,338 $576,400 $225,500 $350,900
2020 $6,693 $524,100 $210,800 $313,300
2019 $6,393 $498,300 $200,400 $297,900
2018 $5,953 $459,700 $184,900 $274,800
2017 $5,598 $429,600 $172,800 $256,800
2016 $5,231 $387,800 $163,500 $224,300
2015 $4,884 $362,300 $152,700 $209,600
2014 $4,453 $348,400 $146,900 $201,500
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
07/07/2026 07/07/26 For Sale $1,095,000 +78.8% $406 / Sq Ft
01/04/2019 01/04/19 Sold $612,500 +4.7% $227 / Sq Ft View Prior Sale
08/17/2018 08/17/18 Pending -- -- --
08/09/2018 08/09/18 For Sale $585,000 -- $217 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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
Deed $842,500 None Available
Deed $337,600 --
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
Open $758,250 Purchase Money Mortgage
Source: Public Records

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73545954

MLS Property Information Network (MLS PIN)

APN: WAKE-000017-000036-000188A

Massachusetts Middlesex County Wakefield 01880 Lakeside

4 Pleasant St, Wakefield, MA

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MLS Property Information Network (MLS PIN) 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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Listing Agent
Eric Paul
Section Image
J. Borstell Real Estate, Inc.
(978) 500-8279
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