Excellent investment opportunity! This well-maintained three-family property is located in a desirable residential neighborhood of Wakefield on a quiet, tree-lined street. The spacious first-floor unit features three bedrooms, a newer kitchen, refinished hardwood floors, and a welcoming front porch. Enjoy an expansive open-concept layout connecting the kitchen and dining area, perfect for modern living. The property offers driveway and garage parking, ample storage, and a large backyard. Conveniently situated within walking distance to the commuter rail, providing easy access to downtown Boston in under 30 minutes, as well as close proximity to the town center, Crystal Lake, and Lake Quannapowitt. Additional highlights include hardwood flooring in the bedrooms, laminate flooring in the living room and kitchen, and a freshly painted interior. The kitchen is clean and functional, equipped with a gas range, dishwasher, and refrigerator. Shared laundry is also available. This is a must-see
This home has been viewed 36 times
Last Checked: May 23rd, 2026 at 8:38am (Source: MLS PIN #73503598)
Gross Income: $83,100
Gross Expenses: $19,848
Net Income Calc: $63,252
Annual Expenses for 46 Richardson St, Wakefield MA 01880
Total Gross Expenses (Calculated)$19,848/year
APOD AvailableYes
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax9825
Annual Income & Unit Breakdown for 46 Richardson St, Wakefield MA 01880
Total Gross Income (Calculated)$83,100
Unit 1
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full
Floor1
Levels in Unit1
Rent IncludesHeat
Unit 2
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor2
Levels in Unit1
Rent IncludesHeat
Unit 3
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor2
Levels in Unit1
Rent IncludesHeat
General Information for 46 Richardson St, Wakefield MA 01880
Listing ID73503598
Property TypeMulti Family / 3 Family
Price1075000 ($407.2/SqFt)
Style3 Family
CityWakefield
CountyMiddlesex
Neighborhood(s)
Approximate Living Area Total2640
Approximate Lot Size (Acres)0.3
Total Parking10 (2 Garage)
Garage Parking2
Year Built1910
Year Built SourcePublic Records
Year Built DetailsApproximate
WaterPublic
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction MaterialsFrame
Lot FeaturesGentle Sloping
Foundation Area1176
Foundation Description
Accessible Features
Outdoor SpaceCovered
ZoningGR
Water Views
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 46 Richardson St, Wakefield MA 01880
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsAll Appliances To Remain.
Financial Data SourceEstimated
Total Gross Expenses By Broker
Total Gross Income By Broker
Total Net Income By Broker
Short Sale / Forclosure (Bank Owned)
Compensation Based On
Financial Information for 46 Richardson St, Wakefield MA 01880
Real Estate Taxes9825
Tax Year2025
Assessed Value$916,500
Financial Data SourceEstimated
Total Gross Expenses By Broker
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker
BostonRealEstate.com Gross Income
Total Net Income By Broker
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
Location Information for 46 Richardson St, Wakefield MA 01880
Elementary SchoolWoodville
Middle SchoolGalvin
High SchoolWakefield
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 46 Richardson St, Wakefield MA 01880