21-21A Princess St, Wakefield, MA 01880 - Photo 1

1/1

$865,000

Sold
Closed
Commercial

1/1

Property Description

Opportunity is knocking.......Mixed use building with equipped RESTAURANT in downtown Wakefield!! 2 large apartments upstairs each with 5 rooms/2 bedroom/1 bath generating monthly income. Residents currently are TAW fetching $3750 gross income which could be increased. Both are separately heated with newer systems and is equipped with it's own electric panel. The commercial space on the ground floor is currently set up as a restaurant business with usage of the basement space as well. There is plenty of storage and freezer spaces. Restaurant is handicap access, includes 2 patron restrooms, and is currently vacant. This building's roof was replaced 3 years ago. Full sprinkler system is in place.

Full Property Details

Full Property Details for 21-21A Princess St

General

Sold For: $865,000
Taxes: $11,080 (2023)
Status: Closed
Type: Commercial
MLS ID: 73184413

Property History

21-21A Princess St, Wakefield, MA
Sold $865,000 on 10/23/24
Price Reduced $900,000 on 8/1/24
Price Reduced $949,000 on 5/31/24
Price Reduced $999,000 on 12/12/23
Listed $1,100,000 on 12/1/23

Location

County: Middlesex

Structural Information

Square Feet: 4,600
Year Built: 9999

Lot Features

Lot Size (Acres): 0.08

Financial Considerations

Tax Amount: $11,080
Tax Year: 2023

Disclosures and Reports

Disclosures/Rstr.: $87000 is potential annual income. Listing agent has ownership interest.
Property ID: M:000017 B:0076 P:000142, 818409
Block/Lot/Section: 76

Listed by Realty Direct Somerville, Richard Spinosa and Kim Mulligan
Sold by Realty Direct Somerville, Richard Spinosa

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Listing agents

— 21-21A Princess St —

Richard Spinosa

Realty Direct Somerville
Kim Mulligan

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Community Info

Community Info for 21-21A Princess St

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21-21A Princess St, Wakefield, MA 01880 (MLS# 73184413) is a Commercial property that was sold at $865,000 on October 23, 2024. Want to learn more about 21-21A Princess St? Do you have questions about finding other Commercial real estate for sale in Wakefield? You can browse all Wakefield real estate or contact a Coldwell Banker agent to request more information.

21-21A Princess St Wakefield, MA 01880