22 Park St
Wakefield, MA, 01880 $ 1,555,000
Bedrooms6 Baths2.2 Sq 3,068 Monthly Estimate*
$ 9,818
for $1,555,000 with 6 bedrooms and 2 full baths, 2 half baths. This 3,068 square foot home was built in 1960 on a lot size of 0.12.
***PRICE IMPROVEMENT***TURNKEY 2-UNIT MULTIFAMILY | RENOVATED | PRIME WAKEFIELD LOCATION | INVESTMENT OPPORTUNITYExceptional opportunity for owner-occupants, investors, or multigenerational living! This beautifully renovated 2-unit multifamily property combines modern updates, flexible living space, and a highly desirable Wakefield location—making it an ideal choice for those seeking income potential, long-term investment value, or a versatile multi-generational home. Both units have been thoughtfully updated and offer bright, sun-filled living spaces, functional layouts, and stylish modern finishes. Each unit features 3 bedrooms, 1.5 baths, a beautifully updated kitchen with new cabinetry, stainless steel appliances, and updated flooring, along with renovated bathrooms designed for today’s lifestyle. The property also offers a finished lower level, providing valuable bonus space that can be used as a home gym, recreation room, hobby space, office, or additional storage. Step outside to enjoy a private patio, perfect for outdoor dining, relaxing, or entertaining.Whether you're looking to live in one unit and generate rental income from the other, expand your investment portfolio, accommodate extended family, or maximize the flexibility of a two-family property, this turnkey multifamily delivers.Enjoy the best of Wakefield with Lake Quannapowitt just moments away, plus easy access to downtown restaurants, shopping, parks, recreation, and the commuter rail. The combination of renovated interiors, flexible living space, outdoor space, and a prime location makes this a compelling opportunity for both homeowners and investors.Move-in ready. Income-producing potential. Prime location. Endless possibilities. Don't miss this outstanding Wakefield multifamily opportunity!
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Multi-Family Active2 Family - 2 Units Side by Side
List ByKrassi DiehlListing Agent
William Raveis R.E. & Home ServicesBroker
Affordability Calculator
- Monthly Principal & Interest
- $9,818
- Monthly Property Taxes
- $806
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Wakefield, MA
Average List Price $1,220,650
Percent of Sale Price 22%
About Wakefield, MA 27,314 Population
10% Since 2002
$ 92,977 Median Income
44.22 Median Age
27% Households with Children
Trends Information provided by ATTOM Data Solutions.
Neighborhood & Schools
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Pricing History| Date | Price | Price Change | Description |
|---|
| 9/9/2026 | $1,555,000 | -2.51% | Price Down |
| 8/8/2026 | $1,595,000 | -1.24% | Price Down |
| 6/26/2026 | $1,615,000 | | Listed Price |