Explore this unique multi-family property featuring two spacious Townhouse-style units, both in move-in condition! Each unit includes a kitchen, living room, and dining room. The first unit boasts two full baths and a patio off the rear door, while the second unit features 1.5 baths and an oversized deck with a large yard and an above-ground pool. Ample parking is available with a driveway. Both units are fully equipped with a range, dishwasher, microwave, fridge, washer, and dryer. Enjoy a fantastic location near everything Downtown Wakefield has to offer, including Lake Quannapowitt and public transportation.This property is perfect for investors or anyone looking for a home with an additional income opportunity. Its proximity to local amenities, coupled with the privacy and comfort each unit offers, makes it a rare find in a bustling area. Don't miss out on this excellent opportunity to own a versatile property in a sought-after location! SOLD as is
This home has been viewed 81 times
Last Checked: October 7th, 2024 at 4:44pm (Source: MLS PIN #73230421)
Gross Income: $66,000
Gross Expenses: $10,051
Net Income Calc: $55,949
CAP Rate: 5.43%
Annual Expenses for 14 Crescent Hi, Wakefield MA 01880
Total Gross Expenses (Calculated)$10,051/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$10,051
Annual Income & Unit Breakdown for 14 Crescent Hi, Wakefield MA 01880
Total Gross Income (Calculated)$66,000
Unit 1
Rental Income$2,700
LeaseY
Bedrooms3
Bathrooms2 Full
Floor1
Levels in Unit3
HeatingYes
Rent IncludesUnit 1(water), Unit 2(water)
Unit 2
Rental Income$2,800
LeaseY
Bedrooms3
Bathrooms1 Full, 1 Half
Floor1
Levels in Unit3
HeatingYes
Rent IncludesUnit 1(water), Unit 2(water)
General Information for 14 Crescent Hi, Wakefield MA 01880
Listing ID73230421
Property TypeMulti Family / 2 Family
Price$1,030,000 ($312.78/SqFt)
Style2 Family - 2 Units Side By Side
CityWakefield
CountyMiddlesex
MLS Area
Neighborhood(s)
Approximate Living Area Total3,293 SqFt
Approximate Lot Size (Acres)0.24 acres
Total Parking4
Garage Parking
Year Built1900
Year Built SourcePublic Records
Year Renovated
Year Built DetailsActual
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsNo
Lot FeaturesNo
Foundation Area
Foundation DescriptionStone
Accessible Features
Outdoor Space
ZoningGR
Zoning Details
Water Views
Water Views Features
WaterfrontNo
Waterfront FeaturesNo
Energy Features
Terms
Disclosures for 14 Crescent Hi, Wakefield MA 01880
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
Title 5
Exclusions
Disclosures
Financial Data SourceNo
Total Gross Expenses By Broker$0
Total Gross Income By Broker$66,000
Total Net Income By Broker$66,000
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation2
Facilitator Compensation
Sub-Agent Compensation
Compensation Based OnGross/full Sale Price
Financial Information for 14 Crescent Hi, Wakefield MA 01880
Real Estate Taxes$10,051
Tax Year2023
Assessed Value$893,400
Financial Data SourceNo
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$66,000
BostonRealEstate.com Gross Income
Total Net Income By Broker$66,000
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)5.43%
Location Information for 14 Crescent Hi, Wakefield MA 01880
Elementary SchoolCheck W/ Supt
Middle SchoolGalvin
High SchoolWmhs
Neighborhood(s)
MLS Area
Area AmenitiesHighway Access, Shopping, Public Transportation, T-station
Contact Information for 14 Crescent Hi, Wakefield MA 01880