Mixed use building just off Main Street with two income generating residential units upstairs, each consisting of 5 rooms/2 bd/1bath and a commercial space at the street level. Residential units are Tenants -at-Will and are currently fetching $3700 gross income. The commercial space is a fully equipped restaurant, is handicap accessible, and includes 2 patron restrooms, as well as a third half bath for employee's use. There's a great outside patio area and plenty of freezer storage in the basement. A savvy investor will do quite well to put this downtown business space back into good use. All units are separately heated with newer systems and are equipped with their own electric panel. This building's roof was replaced over the past 3 years. Full sprinkler system is in place. Proof of funds are REQUIRED prior to scheduling a full tour of this property. **See for additional photos of restaurant space MLS Listing #73183156
Sold
$865,000
21-21-21A Princess St, Wakefield, MA 01880
4beds
3,500sqft
3 Family - 3 Units Up/Down
Built in 1880
-- sqft lot
$-- Zestimate®
$247/sqft
$-- HOA
What's special
Zillow last checked: 7 hours ago
Listing updated: October 23, 2024 at 04:35pm
Listed by:
Richard Spinosa,
Realty Direct Somerville,
Kim Mulligan
Bought with:
Kim Mulligan
Realty Direct Somerville
Source: MLS PIN,MLS#: 73208182
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 5
- Full bathrooms: 2
- 1/2 bathrooms: 3
Heating
- Baseboard, Individual, Unit Control, Natural Gas
Cooling
- Central Air
Features
- Living Room, Dining Room, Kitchen
- Windows: Box/Bay/Bow Window(s)
- Basement: Full,Interior Entry,Bulkhead
- Has fireplace: No
Interior area
- Total structure area: 3,500
- Total interior livable area: 3,500 sqft
Property
Parking
- Total spaces: 2
- Parking features: Paved Drive, Off Street, Driveway, Other
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Accessible Entrance
Features
- Patio & porch: Patio
- Waterfront features: Beach Front, Lake/Pond, Walk to, 1/2 to 1 Mile To Beach
Lot
- Size: 3,537 sqft
- Features: Level
Details
- Parcel number: M:000017 B:0076 P:000142,818409
- Zoning: B
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 3 Family - 3 Units Up/Down
Materials
- Foundation: Stone
- Roof: Shingle,Rubber
Condition
- Year built: 1880
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, Private School, Public School, T-Station
Location
- Region: Wakefield
HOA & financial
Other financial information
- Total actual rent: 7200
Services availability

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