
22 Park St Wakefield — Photo 1 of 41
Recent Drop: $60,000
$1,555,000
22 Park St, Wakefield, MA 01880
Wakefield, MA 01880
Beds
6
Baths
3
SqFt
3,068
Style
2 Family - 2 Units Side by Side
Built
1960
***PRICE IMPROVEMENT***TURNKEY 2-UNIT MULTIFAMILY | RENOVATED | PRIME WAKEFIELD LOCATION | INVESTMENT OPPORTUNITYExceptional opportunity for owner-occupants, investors, or multigenerational living! This beautifully renovated 2-unit multifamily property combines modern updates, flexible living space, and a highly desirable Wakefield location—making it an ideal choice for those seeking income potential, long-term investment value, or a versatile multi-generational home. Both units have been thoughtfully updated and offer bright, sun-filled living spaces, functional layouts, and stylish modern finishes. Each unit features 3 bedrooms, 1.5 baths, a beautifully updated kitchen with new cabinetry, stainless steel appliances, and updated flooring, along with renovated bathrooms designed for today’s lifestyle. The property also offers a finished lower level, providing valuable bonus space that can be used as a home gym, recreation room, hobby space, office, or additional storage. Step outside to enjoy a private patio, perfect for outdoor dining, relaxing, or entertaining.Whether you're looking to live in one unit and generate rental income from the other, expand your investment portfolio, accommodate extended family, or maximize the flexibility of a two-family property, this turnkey multifamily delivers.Enjoy the best of Wakefield with Lake Quannapowitt just moments away, plus easy access to downtown restaurants, shopping, parks, recreation, and the commuter rail. The combination of renovated interiors, flexible living space, outdoor space, and a prime location makes this a compelling opportunity for both homeowners and investors.Move-in ready. Income-producing potential. Prime location. Endless possibilities. Don't miss this outstanding Wakefield multifamily opportunity!
Immersive Experience
Market Value Analysis
* Analysis is based on 23 actively listed and recently sold comparable properties strictly within Wakefield, MA.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Neighborhood
Public Transportation • Shopping • Walk/Jog Trails • Highway Access • House of Worship
Geography
Property History
$1,555,000
Was $1,595,000
Sep 9, 2026
MLS® 73542126
$1,595,000
Was $1,615,000
Aug 8, 2026
MLS® 73542126
$1,615,000
Jun 25, 2026
MLS® 73542126
Population
27,793
U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)
Median Household Income
$134K
U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)
Renter-Occupied Homes
29.3%
U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)
New Construction Permits — Middlesex County
2,698 housing units permitted in the last 12 months (+3% vs the prior 12 months) — 1,713 in 5+ unit buildings
U.S. Census Bureau, Building Permits Survey (through Jul '26)
Listing Agent: Krassi Diehl
Listing Office: William Raveis R.E. & Home Services
MLS® Number: 73542126
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