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

$999,000

4 beds 5 baths 3,500 sqft Built 188076 days on marketActive

About this home

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

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
$7,060/mo

Real estate (PITI + HOA + PMI)
$6,882
Principal + interest$4,531
Property tax + insurance$1,976
PMI / 2nd mortgage$375
Utilities
$674
Heating + cooling$175
Internet + TV + phone$158
Water + sewer + garbage$58
Transportation
$112
Car insurance + maintenance$112
Other (entertainment)
$158
$7,060/mo TLC
Budget$7,560/mo
Remaining after TLC$500/mo
Purchase price
$999,000
Down payment
$49,950 (5%)
Loan amount
$949,050
APR
4%

Quick facts

Type
3 Family - 3 Units Up/Down
Style
Year built
1880
Lot size
0.08 ac
Stories
6
Heating
Baseboard, Individual, Unit Control, Natural Gas
Cooling
Central Air
Water
Public
HOA
Annual tax
$11,269
MLS #
73208182
County
Middlesex

At a glance

Air conditioning
Basement
Dishwasher

Home features

Appliances
RangeDishwasherDisposalRefrigeratorRange Hood
Interior
Living RoomDining RoomKitchen
Community
Public TransportationShoppingParkWalk/Jog TrailsMedical FacilityLaundromatBike PathHighway AccessPrivate SchoolPublic SchoolT-Station
Parking
Paved DriveOff StreetDrivewayOther
Roof
Shingle, Rubber
Sewer
Public Sewer

Lot features

Level

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.

Map & walkability

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MLSPIN

Listing information last refreshed 3/4/2024. Provided courtesy of the listing office via MLSPIN. Information deemed reliable but not guaranteed.