21 Princess St Wakefield, MA SOLD

$865,000
Square Feet 4,600
Acres 0.08
Photo of 21 Princess St Wakefield MA 01880

Sold By

Richard Spinosa, Realty Direct Somerville



Description

PRICE REDUCTION.......Mixed use building with equipped RESTAURANT in the heart of Wakefield Center!! 2 large apartments upstairs, each with 5 rooms/2 bedroom/1 bath generating $3725 combined monthly income. Both residential units are separately heated with newer systems and is equipped with it's own electric panel. The commercial space on the ground floor in this pedestrian friendly community and is currently set up as a restaurant business with usage of the basement where there is plenty of storage and freezer spaces. Restaurant is handicap accessible, includes 2 patron restrooms, and is currently vacant. This building's roof was replaced 3 years ago. Full sprinkler system is in place.


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

Details

MLS 73183156
Status Closed
Price $865,000
DOM 330 days
Type Commercial
Square Feet 4,600 sqft
Lot Size 0.08 acres
Year Built 1880

Lot & Building Features

Tax Year 2023
Taxes Paid $11,080

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.