13 Chestnut St, Wakefield, MA
$ 975,000
Property Attributes
  • MLS#73033996
  • TypePending
  • 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


  • 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

AVG $580K
AVG $10,246
Data Provided by Inside Real Estate®
Year Built
AVG 1937
AVG 61
Data Provided by Walkscore® not using MLS data

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