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Montrose Multifamily Home for Sale

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    $899,999

    • 5 Beds
    • 2 Baths
    • 2,754 Sq Ft

    95 Preston St, Wakefield, MA 01880

    Rare Wakefield Opportunity! This 1920 stucco two-family sits on a generous .378-acre lot and offers tremendous upside for investors or owner-occupants. Larger than the typical multi, it features 16 rooms and 2 full baths. The property is ready for renovation, with strong potential to add value. Highlights include separate utilities, parking for 8–9 vehicles, and delivery vacant for a seamless

    Bill Butler Leading Edge Real Estate

    95 Preston St, Wakefield, MA 01880

Why Live in Montrose

Montrose, a neighborhood in Wakefield, features a mix of single-family homes, apartments, and condos, with housing styles including ranch, bi-level, and new traditional homes. The area is known for its relatively newer housing stock compared to other parts of Wakefield. Home values in Montrose are about $55,000 below the Boston metro area average. Sullivan Memorial Park, located in the center of Wakefield, offers a youth soccer field, little league diamond, BMX track, and a fenced-in toddler park. Local amenities include Slice, a pizzeria and sub shop, and a Shaw's grocery store. MarketStreet Lynnfield, two miles east, features over 80 stores and restaurants, including high-end shops and chain eateries. The neighborhood is car-dependent, with Interstate 95 running through its north end and bus service available for transfers to Boston. Montrose is 16 miles north of Boston, with MelroseWakefield Hospital 5 miles south and Boston Logan International Airport 13 miles away. Schools in Montrose include highly rated Galvin Middle School, Wakefield Memorial High School, and Odyssey Day School, which emphasizes experience-based learning. The neighborhood has a lower crime risk compared to the national average, making it a safer area.

Home Trends in Montrose, MA

Housing Trends

Median Sale Price
$780,000
Median Single Family Sale Price
$868,000
Median Townhouse Sale Price
$799,900
Median 2 Bedroom Sale Price
$565,000
Average Price Per Sq Ft
$459
Number of Homes for Sale
5
Last 12 months Home Sales
55
Months of Supply
1.10
Median List Price
$784,450
Median Change From 1st List Price
-1%
Median Home Sale Price YoY Change
4%
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