Address
13 Chestnut St, Wakefield, MA
Price
$ 975,000
Property Attributes
- MLS#73033996
- TypePending
- CountyMIDDLESEX
- CityWakefield
- Zip01880
- Style3 Family
- Year Built1887
- Taxes$ 13510
- Price$ 975,000
- Bedrooms3
- Full Bathrooms3
- Half Bathrooms1
- Sqr Footage3490
- Lot Size9,583 SqFt
Data Source:
MLSPIN Pending - For Use With DASHCMA Only
Property Description
Classic Center Entrance colonial. This gorgeous mixed use building, is in a downtown location. It was originally converted (1965) to a law office with 2 residences on the 2nd and 3rd floors. The entire1st floor unit has been a "special permitted" physical therapy space for 30+years. The 1st floor is approximately 1,350 S/F with 5 rooms including a kitchenette, 1/2 bath and central air. 1st floor has lots fabulous original details including built-ins, pocket doors, hardwood, moldings, numerous china cabinets, and a fireplace with mirrored mantle. The 2nd and 3rd floors consists of three 1 bedroom apartments with one a Philadelphia style unit to the the top floor. Units #2 and #3 were combined as a townhouse when the 1965 permit was issued. First floor includes a coin op laundry room. The building is in the General Residence zoning district. Almost any business use may require an application for a "special permit" from the town
| Middle School | High School |
|---|---|
| Galvin Middle School | Wakefield Mem High School |
| Price History | |
|---|---|
| 2/28/2023 | Listed $975,000 |
General Features
| Appliances | Washer, Dryer, Unit 3(Refrigerator), Utility Connections for Electric Range, Utility Connections Varies per Unit |
|---|---|
| Building Area Units | Square Feet |
| City | Wakefield |
| Community Features | Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, Sidewalks |
| Compensation Based On | Net Sale Price |
| Construction Materials | Frame |
| Cooling | None, Unit 1(None), Unit 2(None), Unit 3(None), Unit 4(Central Air) |
| County | Middlesex |
| Directions | Off Main St downtown near TSB |
| Disclosures | Buyers do their own due diligence regarding status. Sellers make no representation about number of units or future use of the building. Town records have building as 2 residential units w/ office uni |
| Electric | Circuit Breakers, Individually Metered, Varies per Unit |
| Energy Efficient | Thermostat, Varies per Unit |
| Exclusions | Any Of The Tenants Possessions. |
| Exterior Features | Porch, Varies per Unit |
| Garage Y/N | No |
| Gross Income | 33240 |
| Heating | Unit 1(Gas), Unit 2(Gas), Unit 3(Gas), Unit 4(Gas, Individual) |
| High School | Wakefield Mem |
| Home Warranty Y/N | No |
| Insurance Expense | 2179 |
| Interior Features | Storage, Philadelphia, Unit 2(Bathroom With Tub & Shower), Unit 3(Philadelphia), Unit 4(Storage, Walk-In Closet, Other (See Remarks)), Unit 1 Rooms(Living Room, Kitchen), Unit 2 Rooms(Living Room, Kitchen), Uni |
| Lot Size Square Feet | 9453 |
| Middle/Junior High School | Galvin |
| Net Operating Income | 27161 |
| Operating Expense | 6079 |
| Patio/Porch Features | Porch |
| Property SubType | 3 Family |
| Property Type | Residential Income |
| Rent Includes | Unit 1(Hot Water), Unit 2(Heat, Hot Water), Unit 3(Heat, Hot Water), Unit 4(Water) |
| Roof | Shingle |
| Senior Community Y/N | No |
| Sewer | Public Sewer |
| Standard Status | Pending |
| Status | Under Agreement |
| Street Name | Chestnut St |
| Sub-Agency Relationship Offered | No |
| Tax Annual Amount | 13510 |
| Tax Assessed Value | 819200 |
| Tax Year | 2023 |
| Total Actual Rent | 3520 |
| Total Rooms | 14 |
| Total Units | 3 |
| Utilities | for Electric Range, Varies per Unit |
| Water Sewer Expense | 1500 |
| Waterfront Y/N | No |
| Year Built | 1887 |
| Year Built Details | Approximate |
| Year Built Source | Public Records |
| Zoning | GR |
Interior Features
| Air Conditioning Y/N | No |
|---|---|
| Basement | Full, Partially Finished, Interior Entry, Bulkhead, Concrete |
| Fireplace Features | Unit 4(Fireplace - Wood burning) |
| Fireplace Y/N | Yes |
| Flooring | Wood, Tile, Vinyl, Carpet, Concrete, Varies Per Unit, Hardwood, Pine, Hardwood Floors, Unit 1(undefined), Unit 2(Hardwood Floors, Wall to Wall Carpet), Unit 3(Hardwood Floors), Unit 4(Hardwood Floors, Wood Floorin |
| Full Baths | 3 |
| Half Baths | 1 |
| Heating Y/N | Yes |
| Laundry Features | Laundry Room |
| Total Baths | 4 |
| Total Bedrooms | 3 |
| Total Fireplaces | 1 |
| Total Stories | 6 |
| Window Features | Insulated Windows |
Exterior Features
| Facilitator Compensation | 2 |
|---|---|
| Living Area | 3490 |
| Building Area Total | 3490 |
| Foundation Area | 1443 |
| Foundation Details | Stone, Granite, Irregular |
| Frontage Length | 103.00 |
| Lot Features | Level |
| Lot Size Acres | 0.22 |
| Lot Size Area | 0.22 |
| Lot Size Units | Acres |
| Open Parking Y/N | Yes |
| Parking Features | Paved Drive, Shared Driveway, Off Street, Paved |
| Road Frontage Type | Public |
| Road Responsibility | Public Maintained Road |
| Road Surface Type | Paved |
| Spa | No |
| Total Parking | 7 |
| Water Source | Public |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Pending Average in 01880
Price
Taxes
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Year Built
Walkscore
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