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$1,150,000
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Property Description
Versatile with charm and modern updates! 2-family home ideal for multi-generational living or rental income. 3 levels of living space! Full renovation of first two levels in 2001 and 3rd level in 2021. First unit has single-level living with a spacious eat-in kitchen, dining room, living room, 2 bedrooms (one bedroom currently used as a large pantry/laundry), and full bath. Second unit spans levels 2 & 3 with a bright kitchen, granite island, new appliances, dining/living area, 3 bedrooms, full bath with jacuzzi & walk-in shower, 3rd level with huge family room, bedroom, bonus room & half bath. Front farmer's porch, side deck, and basement with bathroom and potential for more finished space. View the 4th of July fireworks from this large corner lot with pull thru driveway, patio, firepit, basketball court, two sheds, and fenced yard. Near Lake Quannapowitt recreation, downtown restaurants, commuter rail to Boston, and Walton School! Home is pre-inspected.
Full Property Details
Full Property Details for 40 Elm St
General
- Sold For: $1,150,000
- Taxes: $11,332 (2025)
- Status: Closed
- Type: Multi-Family
- Source: PrimeMLS
- MLS ID: 5040661
- Added to Site: 252 day(s) ago
Interior
- Flooring: Carpet, Hardwood, Tile
Exterior
- Exterior Features: Deck, Patio, Porch
Parking
- Parking: Off Street
Location
- County: Middlesex
- Driving Directions: From Prospect Street to Elm Street, the property is on the right side, at the corner of Elm Square.
School Information
- School District: Wakefield
- Elementary School: Dolbeare School
- Middle School: Galvin Middle School
- High School: Wakefield Memorial High School
Heating & Cooling
- Cooling Type: Wall AC Units
- Heating Type: Natural Gas, Hot Water
- Furnaces: 2
Utilities
- Sewer: Public
- Separate Meters: Yes
- # Gas Meters: 2
- # Electric Meters: 2
Structural Information
- Construction Status: Existing
- Basement: Yes
- Basement Entrance: Interior
- Basement Desc.: Concrete Floor, Full, Sump Pump, Unfinished, Interior Access, Exterior Access
- Roof: Shingle - Asphalt
- Stories/Levels: 3
- Finished Total: 4,157 Sq. Ft.
- Finished Above Grnd: 4,157 Sq. Ft.
- Year Built: 1880
Unit Information
- 2 Bedroom Units: 1
- 3 Bedroom Units: 1
- Units w/Refrigerators: 2
- Units w/Range/Oven: 2
Unit 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Total Bathrooms: 2
- Bedrooms: 4
Lot Features
- Lot Size (Acres): 0.22
- Lot Size (Sq. Ft.): 9,583
- Frontage: TBD
- Driveway/Sidewalk: Paved
- Zoning: GR
Financial Considerations
- Price Per Sq. Ft.: $258.6
- Tax Amount: $11,332
- Tax Year: 2025
Disclosures and Reports
- Block: 12
- Lot Number: 4EE
Listed by Cameron Prestige, LLC, Tami J Mallett
Sold by LAER Realty Partners/Chelmsford, Nicole. Barr
Get Pre-Approved Today
Schools
Schools serving 40 Elm St
School District:Wakefield School District, Wakefield, MA
| Name | Grades | Distance |
|---|---|---|
Wakefield Memorial High School 60 Farm Street, Wakefield, MA 01880 | 9-12 | 1.1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 40 Elm St
Date
Details
Price
Change
Source
7/17/2025
Sold
$1,150,000
6.98%
MLS
5/13/2025
Listed
$1,075,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
40 Elm Street, Wakefield, MA 01880 (MLS# 5040661) is a Multi-Family property that was sold at $1,150,000 on July 17, 2025. Want to learn more about 40 Elm Street? Do you have questions about finding other Multi-Family real estate for sale in Wakefield? You can browse all Wakefield real estate or contact a Coldwell Banker agent to request more information.

