21-21A Princess St Wakefield, MA SOLD

$865,000
Beds 4
Baths 3.5
Square Feet 3,500
Acres 0.08
Photo of 21-21A Princess St Wakefield MA 01880

Sold By

Kim Mulligan, Realty Direct Somerville



Description

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


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

Details

MLS 73208182
Status Closed
Price $865,000
DOM 233 days
Type Multi-Family
Beds 4
Total Baths 2 full, 3 half baths
Square Feet 3,500 sqft
Lot Size 0.08 acres
Year Built 1880

Lot & Building Features

Appliances Dishwasher, Refrigerator, Range Hood, Range, Disposal
Cooling Central Air
Heating Baseboard, Unit Control, Natural Gas, Individual
Sewer Public Sewer
Tax Year 2024
Taxes Paid $11,269
Water Public
Foundation Stone
Interior Features Dining Room, Living Room, Kitchen
Roof Rubber, Shingle
Full Baths 2
Half Baths 3
Parking Driveway, Paved Drive, Other, Off Street
Total Rooms 12
Basement Feature Bulkhead, Interior Entry, Full
Garage Spaces 0
Waterfront 1/2 to 1 Mile To Beach, Walk to, Lake/Pond, Beach Front

Map

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Financing

$
20%
1%
6.75%
$
$
$
per month
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This calculator only provides an estimate.