16 Otis St Wakefield MA 01880 MLS #72930568

Great two-family home in one of the most desirable areas of Wakefield. The location will be what draws you to this house but the size, character & features are what will make you fall in love. Add your personal touches and make this an amazing investment. The close proximity to all the shops and restaurants, Lake Quannapowitt, the commuter rail and highway access means finding a tenant will never be an issue. Both units feature gorgeous hardwood floors & great size bedrooms.. Unit one boasts in-unit laundry & an oversized kitchen just waiting for your updates. Unit two has 2 levels of living and space for a home office or den. The expansive back yard allows for an abundance of parking which is a must for tenants. This home has loads of potential so don’t miss this opportunity to own this oversized multi family in the most amazing location.

Property Details

Price:
$699,000 / $710,000
MLS #:
72930568
Status:
Closed ((Feb 14, 2022))
Beds:
4
Baths:
2
Address:
16 Otis St
Type:
Multi Family
City:
Wakefield
Listed Date:
Aug 6, 2022
State:
MA
Finished Sq Ft:
2,273
ZIP:
01880
Lot Size:
8,420 sqft / 0.19 acres (approx)
Year Built:
1880

Schools

Interior

Bathrooms
2 Full Bathrooms
Flooring
Wood
Laundry Features
Unit 1 Laundry Room

Exterior

Community Features
Public Transportation, Shopping, Park, Highway Access
Exterior Features
Porch, Storage Shed
Parking Features
Paved Drive, Off Street

Financial

Buyer Agent Compensation
2%
Net Operating Income
$21,600
Tax Year
2021
Taxes
$8,224

Map

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16 Otis St
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