51 Crescent St Wakefield, MA 01880
Downtown Wakefield NeighborhoodEstimated payment $5,651/month
Highlights
- Golf Course Community
- Deck
- Wood Flooring
- Medical Services
- Property is near public transit
- Attic
About This Home
Location, Location, Location! 3-Family just minutes to downtown, the commuter rail is less than 1/2 mile, shopping, dining and major routes. Bright, spacious units feature high ceilings, nice flow and eat-in kitchens. Current rents are well below market. Updating, all three units will enhance the value of each unit (buyers/agents to verify). Enjoy strong rental demand, low vacancy, 2 off-street parking spaces and separate gas and electric. Four additional attic rooms, accessed from the 2nd-floor unit, offer exciting potential for expanded living space or flexible use (buyers to confirm). All the trees around the property are being removed on 12/5 by the owner for insurance purposes. Heating systems and hot water heaters are approx. 6–10 years old with the exception of unit 51A, the furnace is older. Furnaces are serviced regularly.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,120
Year Built
- Built in 1885
Lot Details
- 3,215 Sq Ft Lot
- Corner Lot
Home Design
- Stone Foundation
- Shingle Roof
Interior Spaces
- Property has 1 Level
- Family Room
- Living Room
- Storage
- Range
- Attic
- Partially Finished Basement
Flooring
- Wood
- Carpet
- Laminate
- Tile
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Full Bathrooms
Parking
- 2 Car Parking Spaces
- Driveway
- Open Parking
- Off-Street Parking
Outdoor Features
- Balcony
- Deck
Location
- Property is near public transit
- Property is near schools
Utilities
- Heating System Uses Natural Gas
- Baseboard Heating
- 200+ Amp Service
- High Speed Internet
Listing and Financial Details
- Rent includes unit 1(water), unit 2(gas water), unit 3(water)
- Assessor Parcel Number 818397
Community Details
Amenities
- Medical Services
- Shops
- Coin Laundry
Recreation
- Golf Course Community
- Park
- Bike Trail
Additional Features
- 3 Units
- Net Operating Income $18,974
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 | $7,923 | $698,100 | $317,500 | $380,600 |
| 2024 | $7,809 | $694,100 | $315,700 | $378,400 |
| 2023 | $7,425 | $633,000 | $287,900 | $345,100 |
| 2022 | $7,102 | $576,500 | $262,200 | $314,300 |
| 2021 | $6,766 | $531,500 | $244,400 | $287,100 |
| 2020 | $6,345 | $496,900 | $228,500 | $268,400 |
| 2019 | $6,062 | $472,500 | $217,300 | $255,200 |
| 2018 | $5,646 | $436,000 | $200,400 | $235,600 |
| 2017 | $5,310 | $407,500 | $187,300 | $220,200 |
| 2016 | $4,997 | $370,400 | $177,200 | $193,200 |
| 2015 | $4,665 | $346,100 | $165,600 | $180,500 |
| 2014 | $4,253 | $332,800 | $159,200 | $173,600 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/05/2025 12/05/25 | Pending | -- | -- | -- |
| 12/04/2025 12/04/25 | Price Changed | $949,500 | -5.0% | $290 / Sq Ft |
| 11/11/2025 11/11/25 | For Sale | $999,900 | -- | $305 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $210,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $189,000 | Purchase Money Mortgage |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73453708
APN: WAKE-000017-000064-000154
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