CCertihomes
21-21A Princess St, Wakefield, MA 01880

$999,000

0 beds 0 baths 4,600 sqft Built 9999Active

About this home

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 $3700 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.

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrJumbo at 4% APR.

Your estimated payment
$7,102/mo

Real estate (PITI + HOA + PMI)
$6,913
Principal + interest$4,531
Property tax + insurance$2,007
PMI / 2nd mortgage$375
Utilities
$696
Heating + cooling$186
Internet + TV + phone$158
Water + sewer + garbage$58
Transportation
$112
Car insurance + maintenance$112
Other (entertainment)
$158
$7,102/mo TLC
Budget$7,602/mo
Remaining after TLC$500/mo
Purchase price
$999,000
Down payment
$49,950 (5%)
Loan amount
$949,050
APR
4%

Quick facts

Type
BU
Style
Year built
9999
Lot size
0.08 ac
Stories
0
Heating
Cooling
Water
HOA
Annual tax
$11,080
MLS #
73184413
County
Middlesex

Neighborhood — 01880

MetricThis ZIPCountyUSA
Population32,0756,444,931299,088,112
Population Change Since19900.00%7.00%20.00%
Population Density4,009786
Male15,4473,127,134147,432,321
Female16,6283,317,797151,655,844
Never Married6,9641,612,88563,775,926
Married14,3402,586,314123,120,365
Separated832247,85712,639,686
Widowed1,963363,59415,467,586
Divorced2,167436,88823,075,029
Number Of House Hold12,4462,431,591111,826,380
Average House Hold Size2.562.562.60
Medial Age40.1437.2535.46
Median House Hold Income$73,199$57,698$48,276
Average House Hold Income$86,411$75,023$63,629
P C I$33,916$29,196$24,529
M D I$59,356$48,105$41,133
A T H E$63,691$57,083$50,898
S T R5.00%5.00%
W C J80.16%81.38%77.74%
(Zip) Code
1880

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

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MLSPIN

Listing information last refreshed 12/1/2023. Provided courtesy of the listing office via MLSPIN. Information deemed reliable but not guaranteed.